Taiwan's foreign trade surplus decreased in January from a year ago, as imports grew faster than exports, preliminary data from the Ministry of Finance revealed Wednesday.
The trade surplus shrank to $2.4 billion in January from $3.5 billion in the corresponding month last year.
In December, the surplus was $6.1 billion. The expected surplus for January was $4.9 billion.
Exports surged 15.3 percent year-over-year in January, slower than the 18.1 percent gain economists had forecast.
Imports jumped 23.3 percent yearly in January, much faster the expected level of 14.5 percent.
by RTT Staff Writer
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