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Taiwan's export orders rose 23.3% year-on-year to US$34.88 billion in August, a record-high, the Ministry of Economic Affairs said Monday. The growth was stronger than the 20.7% forecast by economists.
Compared to the previous month, export orders rose 3.1%. Export orders for information and communication products rose 35.4% year-on-year. For electronic goods, there was a 27.15% growth in overseas orders.
While there was a 40.21% growth in orders for transport equipments, export orders for the household electronic appliances declined 17.24%. During the January to August period, orders received by Taiwanese exporters increased 33.49%.
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