Sat, Sep 24, 2005 - Page 11 News List

Export orders rise to an all-time high of US$22 billion in month of August


Export orders last month rose to an all-time high of US$22.15 billion from US$20.15 billion in July, the Ministry of Economic Affairs said yesterday.

The August figure marks a 22.65 percent increase year-on-year, compared with an 8.71 percent rise in the preceding month, the ministry said.

In the first eight months of the year, export orders totaled US$158.81 billion, up 16.94 percent from a year earlier, it added.

"The bottoming out of global electronics demand and a weaker NT dollar helped boost the nation's overseas sales," Chang Yaw-tzong (張耀宗), the ministry's statistics chief, said at a press briefing . "Taiwan's export orders may set another record in September or October."

Export orders for information technology and communications products amounted to US$4.25 billion, up 37.24 percent from a year earlier, the ministry said.

Orders for electronics products reached US$5.14 billion, up 25.91 percent year-on-year, while textile orders rose 12.43 percent year-on-year to US$1.24 billion.

The United States registered the biggest amount of export orders in August of US$5.98 billion, up 9.79 percent from a year earlier.

Orders from Hong Kong in August rose 30.24 percent year-on-year to US$5.46 billion, while those from Japan increased 45.50 percent to US$2.42 billion.

Orders from Europe amounted to US$3.40 billion, up by 23.63 percent from a year earlier.

This story has been viewed 2306 times.

Comments will be moderated. Remarks containing abusive and obscene language, personal attacks of any kind or promotion will be removed and the user banned.

TOP top