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People's Daily Online>>China Business

Hot sales of electronic products drive Taiwan's exports in Nov.

(Xinhua)

09:02, December 21, 2011

TAIPEI, Dec. 20 (Xinhua) -- Due to steady global demand for consumer electronics, Taiwan's export value last month reached 36.65 billion U.S. dollars, up 2.54 percent year-on-year, the island's finance department said in a report Tuesday.

However, the figure showed a 560-million-U.S.-dollar drop from that of October due to the EU debt crisis continuing to hit the United States and emerging markets, an official with the department said.

Orders from the Chinese mainland, Taiwan's largest export destination, registered 9.2 billion U.S. dollars in November, up only 0.14 percent year-on-year, the lowest level since July 2009, the report said.

Among all orders, sales of electronic products expanded by 220 million U.S. dollars, or 2.52 percent, year-on-year, thanks to global demand for consumer electronics that remained steady in November and boosted orders for electronic parts manufactured in Taiwan, the report said.

Orders for machinery products increased by 200 million U.S. dollars, or 13.11 percent, year-on-year, with most of the orders coming from the U.S. and the Association of Southeast Asian Nations (ASEAN), it said.

Furthermore, due to strong global demand for Apple's iPhone and iPad, export orders for Taiwan's IT products increased by 100 million U.S. dollars, or 1.1 percent, year-on-year. The production of Apple's major electronic parts has been outsourced to Taiwan and the Chinese mainland where its manufacturers and factories are located.

 
 
 
 
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