Taipei--Taiwan's export orders rose 5.2 percent in January from a year earlier to US$35.97 billion, marking the sixth consecutive month of positive growth, the Ministry of Economic Affairs (MOEA) said Monday.
Export orders continued to grow year-on-year in January despite the fact that it was a slow season, but the growth was due partly to a low comparison base, according to Lin Li-chen (???), director of the MOEA's Department of Statistics.
However, compared with December 2016, export orders dropped by US$5.27 billion, or 12.8 percent, in January, the ministry said.
Driven by increased demand for handheld devices, high-price notebook computers and servers, export orders received by information/communications device makers in January rose 6.7 percent year-on-year, according to the MOEA.
Other electronics manufacturers saw their export orders increase 1.4 percent from a year earlier, it said.
Benefiting from rising oil and steel prices, the base metals, chemicals, and plastics/rubber sectors recorded year-on-year growth of 9.7 percent, 12.9 percent and 5.4 percent, respectively, the ministry said.
In January, export orders from Japan increased 5.3 percent year-on-year, ending 28 consecutive months of negative growth, according to the ministry.
Orders from the Association of Southeast Asian Nations, however, showed a 7 percent annual drop, mainly because some companies allowed their overseas subsidiaries to handle the orders directly, the MOEA said.
Source: Focus Taiwan News Channel