Category: Taiwan Exports

Taiwan’s Exports to China Hit New Low as Chinese Economy Weakens

November 16, 2022
Asia & PacificBusiness & MarketsChinaChina Business & EconomyClean Networkeconomyhigh inflationHong Konginterest rate hikessupply chainTaiwanTaiwan Exportstrade surplusUS-China relationsweakening economyWorld
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In October, Taiwan’s exports to mainland China and Hong Kong fell 9.2 percent from a year earlier, the lowest in nearly 20 months, the Ministry of Finance (MOF) said on Nov. 8. Beatrice Tsai, director-general of the MOF Department of Statistics, said the numbers are indicators of China’s weakening economy. Meanwhile, Taiwan’s trade surplus from…

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Taiwan Sells Nearly Half of Its Exports to China, Reflecting China’s Dependance on Island for Semiconductors

February 8, 2022
Asia & PacificChinataiwan economyTaiwan ExportsWorld
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Taiwan’s exports were booming in 2021, especially to China, which accounts for a solid 42.3 percent share of total exports. Taiwan officials have recently revised their 2021 estimate of economic growth from 6.09 percent to 6.28 percent, with both figures hitting an 11-year high. Experts say that Taiwan’s trade surplus with China continues to grow,…

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Taiwan Sells Nearly Half of Its Exports to China, Reflecting China’s Dependence on Island for Semiconductors

February 8, 2022
Asia & PacificChinataiwan economyTaiwan ExportstechnologyWorld
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Taiwan’s exports were booming in 2021, especially to China, which accounts for a solid 42.3 percent share of total exports. Taiwan officials have recently revised their 2021 estimate of economic growth from 6.09 percent to 6.28 percent, with both figures hitting an 11-year high. Experts say that Taiwan’s trade surplus with China continues to grow,…

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