Taiwan Exports Increases More Than Expected In October

Taiwan's exports rose more than expected in October, figures from the Ministry of Finance revealed on Tuesday.

Exports increased 30.2 percent year-on-year in November, after a 24.6 percent rise in October. Economists had forecast shipment to grow 24.4 percent.

Exports of electronic product, information, communication and audio-video products, base metals and articles of base metal, plastics & rubber and articles thereof, machinery increased in November.

Imports advanced to 33.8 percent annually in November, after a 37.2 percent rise in the previous month, while the rate was expected to rise to 30.7 percent.

The trade surplus totaled $5.712 billion in November. Economists had expected a surplus of $6.63 billion.

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