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TAIWAN'S AGRICULTURAL TRADE DECLINES IN 2000.

AsiaPulse News

| August 01, 2001 | COPYRIGHT 2001 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

TAIPEI, Aug 1 Asia Pulse - Taiwan's agricultural trade totaled US$10.87 billion in 2000, down 29.7 per cent from the peak level posted in 1996, according to statistics released recently by the Cabinet-level Directorate General of Budget, Accounting and Statistics (DGBAS).

In 2000, the country's agricultural exports totaled US$3.28 billion, while its agricultural imports hit US$7.59 billion, an average decrease of 10.3 per cent and 4.9 per cent, respectively, from the 1995 levels, the tallies showed.

Meanwhile, agricultural trade as a percentage of the country's overall merchandise trade also fell from 7.2 per cent to 3.8 per cent due to the rise of telecommunications and electronics sectors in the global market.

Japan and Hong Kong are Taiwan's two largest export markets, ...

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