Negative annual growth of Taiwan's export orders confirmed

Taiwan's export orders will definitely post negative growth this year, the island's economic affairs agency said as it posted new figures on Tuesday.

Taiwan's export orders totaled 41.35 billion U.S. dollars in September, down 4.5 percent year on year, the sixth-consecutive month of decline, the agency said.

Among all industrial sectors, only information products registered good performance with a 5.4 percent increase year on year, thanks to the release of the new iPhones.

Other sectors, such as electronic products, precision instruments or chemicals, reported shrinkage year on year, according to the figures.

Orders from the Chinese mainland and Hong Kong were valued at 9.38 billion U.S. dollars, a decrease of 9.8 percent compared with last September, with losses in precision instruments, plastic or rubber products, and electronics in the top three.

Export orders in the past three quarters totaled 329.71 billion U.S. dollars, down 10.46 billion or 3.1 percent year on year. Endit