Taiwan’s former textile exports reduced by .%
Taiwan’s Ministry of Finance announced April customs import and export trade statistics, with total exports from January to April reaching US$96.37 billion, an annual decrease of 4.7%. In comparison, although the annual export growth rate of competitor South Korea has slowed down during the same period this year, it is still growing by 0.9%.
Lin Lizhen, chief statistician of the Statistics Department of the Ministry of Finance, said that global economic growth is still fragile, and coupled with fierce international competition, the possibility of Taiwan’s exports growing significantly in the first half of this year is not too high.
South Korea’s exports from January to April had an annual growth rate of 0.9%, Japan’s exports from January to March had an annual growth rate of 3.2%, Singapore’s exports from January to March had an annual growth rate of 6.2%, and mainland China’s exports had an annual growth rate of 7.6%. %.
Lin Lizhen said that except for Japan, the export growth rate of the above-mentioned neighboring Asian countries all reached double digits last year (2011), but this year it is single digits, indicating that exports of various countries have generally slowed down.
Statistics from the Ministry of Finance show that from January to April, 8 of the top 10 exported goods decreased compared with the same period last year, among which the largest decreases were information and communication products by 16.1%, chemicals by 11.4%, and optical equipment by 9.4%. %, textiles by 6.4%, and electronic products by 5.9%.
However, the export of transportation equipment was US$3.72 billion, with an annual growth rate of 13.5%, and the export of mineral products was US$6.56 billion, with an annual growth rate of 7.3%, a new high for the same period in the past.
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