Taiwan’s exports and imports continued its downward trend in February, the Ministry of Finance showed Monday.
Exports decreased 11.8 percent year-on-year in February after falling 12.9 percent in January. Economists had forecast exports to fall at a pace of 12.5 percent.
At the same time, imports slid 13.1 percent, faster than January’s 11.5 percent decrease and the expected decline of 8.5 percent.
The trade surplus increased unexpectedly to $4.15 billion from $3.5 billion a month ago. It was forecast to fall to $3.49 billion.
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