November exports up 12%

07 December, 2020

By ECCT staff writers
Taiwan exported products worth US$31.99 billion in November, up 12% from the same month in 2019, according to data released by the Ministry of Finance (MOF).
The November figure marks the second-highest single-month amount ever, which the MOF attributed to business opportunities from the working-from-home economy amid the resurgence of the Covid-19 pandemic. In addition, the arrival of the peak buying season among consumers in the United States and Europe helped boost exports, particularly in the sectors that produce electronic parts and components and information and communications technology products, the ministry said.


The data also indicates that the accumulated exports in the first 11 months of the year reached US$312.29 billion, up 4.2% compared with the same period of last year.
Accumulated imports from January to November hit US$259.25 billion, a growth rate of 0.2% compared with the same period in 2019.


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