Taiwan May Export Orders up 14%

As demand for high tech products remained strong, Taiwan's export orders in May rose 14.5% from a year earlier to US$31.51 billion, the government said June 24.

However, May's export orders were lower than $31.77 billion recorded in April, the economics ministry said.

In May, export orders in electronic products added 17.9% from a year earlier, while export orders in information and communication products rose 17.6% year-on-year.

Orders from China and Hong Kong rose 15.3% and orders from the U.S. gained 3.9% from a year earlier.

Meanwhile, Taiwan's industrial output rose 5.3% from a year earlier.

Copyright Agence France-Presse, 2008