Taiwan’s export growth eased more than expected in January, figures from the Ministry of Finance revealed on Friday.
Exports grew 16.7 percent year-on-year in January, after a 23.4 percent rise in December. Economists had forecast shipments to rise 17.2 percent.
Exports of parts of electronic product, information, communication and audio-video products, base metals and articles of base metal, plastics & rubber and articles thereof, and machinery increased in January.
Imports rose 24.9 percent annually in January, after a 28.1 percent increase in the previous month. Economists had expected a 25.0 percent increase.
The trade surplus totaled $4.91 billion in January. Economists had expected a surplus of $5.60 billion.
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