The economics ministry says that Taiwan's export orders have hit a record high, reaching over US$444 billion between January and November. That's also over 10% more than last year.
Taiwan's export orders have seen continual growth for the past 16 months. November saw over US$48 billion in export orders, the highest on record for a single month. That's also 11.6% more than November last year.
Most orders are for information and communication or electronic products. The economics ministry says the large number of orders are mainly due to new mobile phones and the Christmas season. Demand has also increased for notebook computers, tablets, and gaming devices.
Orders from Europe have increased over 20%, while orders from China and Hong Kong have increased 12.8% from last year. These markets along with the US have all set new records for export orders.
The economics ministry's statistics department says the global outlook also looks good, both for December and for next year. It predicts 2017 export orders will set a new record of more than US$492 billion.
Source: Radio Taiwan International