China News Service, September 8. According to Taiwan's "Central News Agency" report, the financial authority of the Taiwan authorities announced on September 7 that the export value in August was 40.34 billion US dollars, an annual increase of only 2%, and the growth rate was the lowest in 25 months. Not as expected.
Looking ahead, Cai Meina, director of the statistics department of the competent financial department, pointed out that the export value in September may fall between US$38.4 billion and US$40 billion, and the annual growth rate does not rule out negative growth. The estimated range is an annual decrease of 3% to an annual increase of 1%; In other words, exports in September would need to reach US$45.6 billion in order to meet the "General Accounting Office"'s estimate of the annual increase in exports in the third quarter. Now it seems hopeless, with the third quarter showing a "low peak season".
According to preliminary statistics of import and export trade in August, the export value was 40.34 billion US dollars, an annual increase of 2%; the import value was 37.35 billion US dollars, an annual increase of 3.5%.
Cai Meina said that due to the pressure of global inflation and the tightening of monetary policy, the consumption power has gradually slowed down, and the purchasing intention of manufacturers is more conservative. In addition, compared with the base period, the annual growth rate of export and import has been reduced to 2% and 3.5% respectively; The growth rate hit a 25-month low since August 2020, and the annual import growth rate was a 20-month low.