TAIPEI (Reuters) – Taiwan’s exports likely rose for a third straight month in September, up 6.6% from a year earlier as people bought electronic goods to work from home during the COVID-19 pandemic, according to a median forecast of 12 analysts polled by Reuters.
Taiwan is one of Asia’s major exporters, especially of technology goods, and its export trends are a key gauge of demand for tech gadgets worldwide. Its largest trading partner is China.
Forecasts ranged widely between a growth of 3.8% and 21.6% in the midst of uncertainties over the coronavirus outbreak that has disrupted global supply chains and sent major economies into recession.
Taiwan’s exports have been helped by demand for laptops and tablets to support the work-from-home trend during the pandemic that has forced millions around the world to