Taiwan exports hit record high

Taiwan's exports in August rose 10.5 percent year-on-year to an all-time high of 21.40 billion US dollars, compared with an 8.2 percent rise to 21.18 billion dollars posted in July, the ministry of finance said Friday.
Imports in August fell 0.3 percent year-on-year to 18.10 billion dollars, compared with a 16.7 percent increase to a record high of 20.73 billion dollars recorded in the preceding month, it said. Trade in August resulted in a surplus of 3.30 billion dollars, widening sharply from a surplus of 450 million dollars in July, the ministry said.
For the first eight months of the year, the trade surplus stood at 14.29 billion dollars, up 32.6 percent from the same period a year earlier. Exports in the January-August period rose 8.0 percent to 156.52 billion dollars, while imports rose 6.0 percent to 142.23 billion dollars.