The Central Taiwan Science Park (中部科學園區) reported a trade surplus for the first quarter of this year, the park’s management administration said yesterday.
The park’s first-quarter exports reached more than NT$44.76 billion (US$1.541 billion), while imports were kept at NT$18.09 billion. The park had a trade surplus of NT$26.67 billion, which trails the NT$43 billion surplus it posted during the same period last year, according to data released by the administration.
OPTRONICS
The optronics industry outperformed all the other industries in both exports and imports, followed by the semiconductor and precision machinery industries, the park’s administration said.
The firms in the park mostly export their products to Asia, with Europe and the Middle East being the second and third-largest markets.
GROWTH FORECAST
The administration predicts a strong growth in trade this year, citing factors such as the signing of the Economic Cooperation Framework Agreement (ECFA) between Taiwan and China last year and the many plants that will soon be completed and ready for operation.
The Central Taiwan Science Park is located in Greater Taichung. Twenty-six corporations, including Taiwan Semiconductor Manufacturing Co (台積電), AU Optronics Corp (友達光電) and Taiwan Nitto Optical Co (台灣日東光學) have operations there.
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