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Taiwan's export ranking down in 2013
Central News Agency
2014-04-14 11:18 PM
Taipei, April 14 (CNA) Taiwan's global ranking in merchandise exports for 2013 fell two notches to 20th from a year earlier, ranking at the bottom of Asia's "four dragons," according to a World Trade Organization (WTO) report released Monday. In 2013, Taiwan's trade in merchandise grew 1 percent year-on-year, higher than Singapore's zero growth and lower than South Korea's 2 percent and Hong Kong's 9 percent growth. Taiwan's ranking in merchandise export was surpassed by Spain and India, which placed 18th and 19th respectively. It was also the only country among the "four Asian dragons" to see its ranking slip.

In terms of merchandise imports, Taiwan's ranking remained the same as in 2012 -- at 18th, far below South Korea's 7th-place and Hong Kong's 9th-place, and even behind Singapore (14th).

In terms of commercial services exports, Taiwan's global ranking dropped to 26th in 2013 from 25th in the previous year, while its ranking of commercial services imports declined to 30th in 2013 from 28th in 2012. Based on the 2013 WTO international trade statistics, China was the top merchandise exporter in the world, ahead of the United States, Germany and Japan, in that order, while the U.S. was the world's No. 1 merchandise importer that year, followed by China and Germany and Japan, also in that order.

(By Lin Yi-feng, Evelyn Kao and S.C. Chang)

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