Taiwan's exports declined 17.1% y/y in February, a sixth successive month of contraction, but a slight improvement on January's 21.2% y/y decline, data from the Ministry of Finance showed.

Exports declined across most major categories, with falls seen in electronic parts by 17.8%, plastics & rubber by 25.3%, and chemicals by 14.3%. Most major regional exports showed large contractions, including to China which was down 30.1%, although, Japan grew by 1%.

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Taiwan's exports declined 17.1% y/y in February, a sixth successive month of contraction, but a slight improvement on January's 21.2% y/y decline, data from the Ministry of Finance showed.

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MNI BRIEF: Taiwan Exports Fall Again In February