TAIPEI, Taiwan – Taiwan’s exports rose 2.5 per cent from a year earlier in the October-December period last year to $77.5 billion, ending a streak of three consecutive quarterly declines.
The Finance Ministry said Monday that emerging signs of a more stabilized world economy boosted demand for the island’s high-tech and other goods.
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Taiwanese exports shrank 4 per cent in the first quarter, following by a 5.4 per cent and 2.2 per cent decline respectively in the following quarters.
Overall, 2012 exports dropped 2.3 per cent from a year earlier to $301 billion, with mobile phone and other telecom exports falling 22 per cent.
Imports fell 3.8 per cent to $270 billion.
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