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Home International Customs Taiwan

Taiwan’s exports seen resuming growth in March

byCT Report
04/04/2018
in Taiwan
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TAIPEI: Taiwan’s exports are likely to have rebounded in March as electronics demand picked up, after a drop in February due to the Lunar New Year holiday, a Reuters poll showed.

March exports are estimated to have expanded 7.6 percent from a year earlier, according to the median forecast of 14 analysts polled by Reuters. Exports fell 1.2 percent in February.

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Imports in March likely rose 9.6 percent from a year earlier, the poll showed, accelerating from a 0.9 percent growth in February, while the trade surplus is estimated to have reached $3.93 billion, compared with $2.92 billion in February.The year-over-year inflation in March, as measured by Taiwan’s consumer price index, is estimated to have eased to 1.6 percent, the poll showed, from 2.19 percent in February.

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