Fall of Taiwan’s Export Orders Growth In January

Export orders of Taiwan are predicted to reach an 18th consecutive month high in January but at a slower pace compared in December. Moreover, the demand for the technology products remains strong for the country, according to the Reuters poll.

The forecast rose to 16.1 percent in January than the previous year, based on the median forecast of 15 analysts in the survey. Contrarily, growth for the month of December was 17.5 percent than 11.6 percent in November.

The export orders of the country signal the demand for Asian exports, including high-technology gadgets, that steers actual exports by two to three months.