Taiwan's exports likely fell 0.22% in July, down for a fifth straight month though at a slower pace as the COVID-19 pandemic hit global demand for the island's electronic goods, according to the median forecasts of 14 analysts polled by Reuters.
FILE PHOTO: Trucks wait to be loaded on with containers at a port in Keelung, Taiwan, June 10, 2020. REUTERS/Ann Wang/File Photo
Taiwan is one of Asia’s major exporters, especially of technology goods, and its export trend is a key gauge of global demand for technology gadgets worldwide. Its largest trading partner is China. Exports in June dropped 3.8% from a year earlier to $27.13 billion, falling for a fourth straight month.
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