Xinhua
09 Apr 2021, 22:00 GMT+10
TAIPEI, April 9 (Xinhua) -- Taiwan's exports to the Chinese mainland and Hong Kong hit 15.91 billion U.S. dollars in March, up 35.5 percent year on year, the island's economic affairs department said on Friday.
In the first quarter, Taiwan's exports to the mainland and Hong Kong amounted to 42.01 billion dollars, hitting a record high, the department said in a statement.
Imports from the mainland and Hong Kong rose 23.8 percent year on year to 6.89 billion dollars last month.
In March, Taiwan's total exports expanded 27.1 percent year on year to 35.89 billion dollars, while its total imports rose by 27 percent from a year earlier to 32.23 billion dollars.
Electronic goods, IT products and base metals were the most ordered export commodities in terms of their value, according to the statement.
Exports are likely to continue to expand at a double-digit rate in the second quarter as the fundamentals of the global economy improve and the demand for chips and electronic products remains high, the statement said.
Get a daily dose of Taiwan Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Taiwan Sun.
More InformationLONDON/STOCKHOLM: The Persson family is ramping up its investment in the H&M fashion empire, fueling renewed speculation about a potential...
PARIS, France: L'Oréal is making a fresh play in the booming premium haircare segment with a new acquisition. The French beauty conglomerate...
MENLO PARK, California: Robinhood is giving European investors a new way to tap into America's most prominent tech names — without...
NEW YORK, New York - U.S. stocks diverged on Wednesday for the second day in a row. The Standard and Poor's 500 hit a new all-time...
NEW YORK CITY, New York: The U.S. dollar continues to lose ground, weighed down by growing concerns over Washington's fiscal outlook...
KABUL, Afghanistan: Afghanistan, long associated with war and instability, is quietly trying to rebrand itself as a destination for...
LONDON, UK - Lawmakers in the United Kingdom have voted overwhelmingly to proscribe the direct-action group Palestine Action as a terrorist...
DHARAMSHALA, India: The Dalai Lama is set to address a significant three-day conference of Buddhist leaders this week, coinciding with...
WASHINGTON, D.C.: In a significant ruling last week, the U.S. Supreme Court upheld a Texas law requiring age verification for users...
ISTANBUL/PARIS/BRUSSELS: As searing temperatures blanket much of Europe, wildfires are erupting and evacuation orders are being issued...
VENICE, Italy: Over the weekend, hundreds of protesters marched through the narrow streets of Venice to voice their opposition to billionaire...
PARIS, France: France is taking stronger steps to reduce smoking. A new health rule announced on Saturday will soon ban smoking in...