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Home International Customs

Taiwan Sept export orders to rise for 14th month, but at slower pace

byCT Report
18/10/2017
in International Customs, Taiwan
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TAIPEI: Taiwan’s export orders in September likely rose for a 14th straight month, propelled by the launches of new smartphone models and other tech gadgets ahead of the traditional peak year-end shopping season.

Export orders in September were expected to expand 7.1 percent from a year earlier, according to the median forecast of 11 analysts in a Reuters poll. That compared with 7.5 percent growth in August. Taiwan’s export orders are a leading indicator of demand for Asia’s exports and for hi-tech gadgets, and typically lead actual exports by two to three months.

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