Mainland, HK remain Taiwan's largest export market Updated: 2006-02-09 09:14
The Chinese mainland and the Hong Kong Special Administrative Region (HKSAR)
remained Taiwan's largest export market in 2005, taking in 37.8 percent of
Taiwan's total exports for the year, according to a report reaching here from
Taipei on Wednesday.
According to sources from the local overseas trade authorities, Taiwan
exported US$71.61 billion worth of goods and services to the Chinese mainland
and Hong Kong in 2005, up 12.2 percent over the year-earlier level.
Taiwan was the Chinese mainland's third largest source of imports for the
year, behind only Japan and South Korea.
Taiwan posted a trade surplus of US$2.33 billion for January, marking a
whopping increase of 359.7 percent over the year-earlier level and the seventh
consecutive month of trade surplus increases.
According to the report, Taiwan's export expansion in January mainly
attributed to the expanded sales in digital cameras, electrical engineering
products and electronics.
Local economic experts forecast that Taiwan's two-way trade will continue to
expand in 2006 due to a brisk global economy, with demand for information
technology, telecommunications and consumer electronic products continuing to
soar at home and abroad.
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