June exports fall 3.8%
By ECCT staff writers
Taiwan’s total exports contracted 3.8% year on year in June to US$27.13 billion compared to the same month in 2019 while total imports fell 8.6% from a year earlier to US$22.29 billion. According to an official press release by the Ministry of Finance (MOF), exports of parts of electronic products, information, communication and audio-video products grew by
23.9% and 13.8%. However, exports of base metals and articles of base metal, machinery, plastics & rubber and articles thereof declined 23.8%, 17.7% and 23.4%, respectively.
Meanwhile, imports of parts of electronic products, information, communication and audio-video products grew by 11.7% and 23.5%. However, imports of machinery, mineral products and chemicals declined 6.0%, 50.9% and 9.4% respectively.