FLTW - Surging GDP Growth In Taiwan Boosted By Electronics Exports
- Taiwan is in the unique position of having actually recorded a slight strengthening in GDP growth in 2020 compared with 2019, despite the severe global recession caused by the Covid-19pandemic.
- The pandemic-driven surge in global electronics demand was a key factor underpinning Taiwan's strong economic performance in 2020, as the global shift to remote working and online shopping drove rapid.
- Taiwan's exports of electronics products have surged in the first quarter of 2021, rising by 24.5% y/y in March.
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Surging GDP Growth In Taiwan Boosted By Electronics Exports