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TAIWAN'S TRADE SURPLUS FORECAST TO TOP US$20BLN FOR 2006.

AsiaPulse News

| October 02, 2006 | COPYRIGHT 2006 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, Oct 2 Asia Pulse - Taiwan is expected to post a trade surplus of US$20.37 billion for 2006, up from US$15.82 billion last year, according to a report released Saturday by the Ministry of Economic Affairs (MOEA).

Officials at the ministry's Bureau of Foreign Trade noted that Taiwan's exports were valued at US$55.82 billion in the second quarter of 2006, up 13.89 per cent from the same time last year, while imports were valued at US$51.51 billion - up 9.76 per cent year-on-year.

The trade surplus amounted to US$4.31 billion in the second quarter of 2006, compared to US$2.1 billion during the same time last year, the officials said.

While the export and import quantities rose 11.74 per cent and 2.07 per cent, respectively, in the second quarter the export and ...

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Source: HighBeam Research, TAIWAN'S TRADE SURPLUS FORECAST TO TOP US$20BLN FOR 2006.

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