June 23, 2021
Economy

Taiwan exports up for 10th straight month in April

Taipei, May 7 (CNA) Taiwan’s exports for April rose from a year earlier for the 10th consecutive month because of a low base of comparison and growing demand for gadgets related to the booming stay-at-home economy, the Ministry of Finance (MOF) said Friday.

Momentum enjoyed by the non-tech industrial sector also accelerated as a recovery in global demand continued to push product prices higher, further boosting outbound sales, the MOF said.

Taiwan’s exports totaled US$34.96 billion in April, up 38.7 percent from a year earlier after a year-on-year growth of 27.1 percent seen in March, MOF data showed.

The April figure was the second highest ever in Taiwan, only trailing March’s US$35.89 billion.

By comparison, exports in April 2020 totaled US$25.24 billion, falling 1.3 percent from the previous year as the COVID-19 pandemic began to bite into global economic demand.

In April, Taiwan’s…

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