Wed, May 25, 2005 - Page 10 News List

Export orders grow to near-record high

AP AND AFP , TAIPEI

Export orders rose to their second-highest level on record last month, mainly because of stable growth in the major economies of Europe and Asia, the Ministry of Economic Affairs said yesterday.

The ministry said demand for Taiwanese products from Japan and China was especially strong last month.

Export orders, an indication of exports in the next few months, rose 15.42 percent last month from last April to NT$652.43 billion (US$20.81 billion).

The amount was slightly lower than March's record high of NT$655.25 billion, which was up 21.22 percent from March last year.

In the first four months of the year, export orders grew to US$76.33 billion, up 18.80 percent from the same period a year earlier, it added.

Chang Yaw-tzong (張耀宗), statistics director-general at the ministry, predicted a 15 percent rise in export orders this year.

Export orders from the US in April amounted to US$5.37 billion, up 7.18 percent year-on-year, while those from Hong Kong rose 21.86 percent to US$4.96 billion. Orders from Japan increased 41.06 percent to US$2.33 billion and those from Europe were up 15.75 percent to US$3.32 billion, it added.

The ministry also said industrial output rose 0.63 percent last month over last April, compared with a revised 0.17 percent fall in March.

Industrial output rose modestly on growth in the construction and utility sectors, the ministry said. In the first four months of the year, the industrial output index fell 0.13 percent to 121.76, it added.

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