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Taiwan's Exports Hit Record High of US$19.58 B. in July.

Taiwan Economic News

| August 10, 2006 | COPYRIGHT 2001 China Economic News Services. (Hide copyright information)Copyright

(From Taiwan Economic News)

Taipei, Aug. 10, 2006 (CENS)--Taiwan's export value hit a monthly record high of US$19.58 billion in July this year, up 21.2% relative to that last year. In the same month, the import value reached US$17.78 billion, the second highest of its kind and showing an annual growth of 17.5%, according to the statistics compiled by Taiwan's Ministry of Finance (MOF)

It's noteworthy that the imports of capital equipment rose 14.7%, registering a second positive growth since August of 2005. The MOF attributed the rise to the massive purchases of airplanes, machines, and electric machinery and related equipment, mainly for examining …

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