Driven by solid demand worldwide, Taiwanese fastener makers’ exports rose by 14% to NT$30.2 billion in the second quarter from the first, exceeding NT$30 billion per single-quarter for the first time, according to statistics compiled by the Metal Industries Research & Development Center (MIRDC).
With export-led growth, the industry’s overall output also increased at the same pace to NT$32.5 billion, with 93% or NT$30.2 billion of which exported. During the quarter, the local market demand expanded 10% quarterly to NT$3.3 billion, shows the MIRDC report. […]