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Taiwan March Export Orders Decline Less Than Expected

Taiwan export orders declined less-than-expected in March, after increasing strongly in the previous month, data from the Ministry of Economic Affairs showed Friday.

Export orders fell 1.58 percent year-on-year, following a 17.60 percent gain in February. Economists had expected orders to decline 3.91 percent.

Shipments of electronic products increased 0.18 percent. The biggest decline of 16.22 percent was seen in the export of footwear, headgear, umbrellas and other accessories.

Month-on-month, export orders increased 13.01 percent in March.

by RTTNews Staff Writer

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