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Taiwan April export value down

Adam Hwang, DIGITIMES, Taipei
0

Taiwan recorded total export value of US$25.54 billion in April 2012, decreasing 3% on month and 6.4% on year, while the corresponding total import value of US$24.86 billion rose 3.6% on month and 2.1% on year, according to statistics released by the Ministry of Finance (MOF) May 7.

Among different categories of Taiwan-made products, electronics had the largest export value at US$6.872 billion in April, slipping 2.3% on month and 6.2% on year.

January-April total export value of US$96.37 billion and total import value of US$90.02 billion dropped on year by 4.7% and 3.8% respectively.

Taiwan: Main export markets and export values, April 2012 (US$m)

Export market

April 2012

January-April 2012

Export value

Proportion of total value

Trade balance*

Export value

Proportion of total value

Trade balance*

China plus Hong Kong

9,861.7

38.6%

5,981.8

37,113.7

38.5%

23,153.7

US

2,706.7

10.6%

543.1

10,235.9

10.6%

2,453.2

Europe

2,824.2

11.1%

182.3

10,154.3

10.5%

906.9

Japan

1,459.7

5.7%

-2,639.8

5,576.0

5.8%

-9,925.2

* Export value minus import value
Source: MOF, compiled by Digitimes, May 2012