BEIJING: Taiwan's financial authority said Monday the island's exports in May totaled $25.54 billion, up 57.9 percent year on year and a new all-time single-month record.
Taiwan's exports to its major destinations including the Chinese mainland, the Association of Southeast Asian Nations (ASEAN) countries and South Korea hit $11.19 billion, $4.06 billion and $930 million, respectively -- all new monthly records.
Taiwan's trade surplus totaled $10.71 billion for the five months ending May, a decrease of $3.22 billion compared with the same period last year, according to the island's financial authority.
Officials from Taiwan's financial authority said the strong performance in May was due to the rising global demand, especially in Asia.
