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Taiwan's Exports, Imports Rise In June

Exports surged 34 percent to $23 billion in June amid the global economic recovery, Finance Ministry said, as imports rose 40 percent from a year earlier to $21.3 billion.

TAIPEI, Taiwan (AP) -- Taiwan's exports surged 34 percent to $23 billion in June amid the global economic recovery, the Finance Ministry said Thursday.

Imports for the month rose 40 percent from a year earlier to $21.3 billion, the ministry said.

The export increase reflected growing world demand for Taiwan's computer and other high-tech goods, it said.

For the first six months of this year, exports totaled $132 billion, a 49 percent increase from a year earlier, and imports rose 65 percent to $120 billion, the ministry said.

Exports to mainland China and Hong Kong rose 62 percent to a record high of $56.7 billion during the period, amid warming political ties between the rivals and efforts to bring the two economies closer.

Imports from the area also jumped 62 percent to $17 billion, the ministry said.

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