Taiwan's exports to Chinese mainland hit record high in March

Mon, 10 May 2021

Taiwan's exports to Chinese mainland hit record high in March

Xinhua
10 Apr 2021, 02:30 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.

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Taiwan Sun.

More Information

27 ℃

Mostly Cloudy in Taipei/Songshan

Business

Section

Google changing rules on working in office after Covid

MOUNTAIN VIEW, California: Some 20 percent of Google's staff will continue to work remotely after the offices reopen in the ...

Losses climb for Hyatt amid pandemic as public remains homebound

CHICAGO, ILLINOIS: Hyatt Hotels has reported that it is facing greater losses in Q1 as the public opted to remain ...

Demand seen pushing factory orders to 1.1% in March

WASHINGTON D.C.: After sliding 0.5 percent in February, new factory orders for US-made goods rebounded 1.1 percent in March, as ...

Airlines, biofuel industries discuss low-cost biofuels with U.S. House

WASHINGTON D.C.: As part of a larger drive by lawmakers to advance climate and energy legislation, members of a U.S. ...

China reports 230 million tourist trips over May Day holiday

BEIJING, China: China set a new tourism record, as the Chinese made some 230 million trips over the extended May ...

U.S. industrial stocks set new records, U.S. dollar gets smashed

NEW YORK, New York - It was like Groundhog Day as stocks forged to new highs on Wall Street on ...

International

Section

Life in Italian prison for 2 U.S. friends guilty of slaying policeman

ROME, Italy: Two young Americans have been sentenced to life in prison for the 2019 slaying of an Italian policeman.Found ...

More than 200 Palestinians injured during end-of-Ramadan clashes

JERUSALEM - Celebrating the final week of Ramadan, thousands of Palestinian worshippers at the Al-Aqsa Mosque gathered for prayer time ...

U.S. announces waiver of Covid patents; pharmaceutical stocks tumble

WASHINGTON D.C.: Shares of Covid vaccine manufacturers fell following statements from the White House that they support waiving patent rights ...

U.S. economic downturn translates to lowest birth rate in 40 years

WASHINGTON DC - Amidst the radical turndown in the American economy during the Covid lockdown, birth rates in the United ...

WHO says "low confidence" in Sinopharm Covid side-effects data

GENEVA, Switzerland: World Health Organization experts have said they have "very low confidence" in data received from Chinese state-owned drugmaker ...

White House seeks subsidies for nuclear power in bid for clean energy

WASHINGTON D.C.: The White House is talking with lawmakers to offer subsidies to the nation's nuclear power plants, in a ...

Movie Review

The Asphalt Jungle

Asphalt Jungle