Taiwan July export orders show solid growth


October export orders rose 9.2% from a year earlier, the Ministry of Economic Affairs said yesterday, compared with 7.95% forecast in a Reuters poll and 6.9% in September.

TAIPEI: Taiwan’s export orders grew faster than expected in July, despite worries about trade frictions, thanks to strong global demand for smartphones and other hi-tech electronic gadgets.

Orders for trade-dependent Taiwan rose 8% from a year earlier to US$41.8bil to a record high for July, Ministry of Economic Affairs data showed yesterday.

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