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57% of Taiwan's petroleum products exported to Southeast Asia

57% of Taiwan's petroleum products exported to Southeast Asia

Taipei, Oct. 7 (CNA) More than 57 percent of Taiwan's petroleum products were exported to Southeast Asia in 2013 and during the first seven months of this year, making the region Taiwan's largest overseas market for such products, according to government statistics released Tuesday. China (including Hong Kong) was the second-largest market, the destination for 10 percent of the country's petroleum products, the Ministry of Economic Affairs said. During the first seven months of this year, 44.4 percent of Taiwan's petroleum products -- valued at US$11.78 billion -- were directly exported overseas, up from 43.8 percent in 2012 and just 14 percent in 2001, the ministry said. In 2013, petroleum products accounted for 7.4 percent of all of Taiwan's exports. They were the fourth-biggest sector of exported goods after electronics, basic metals and plastics, the ministry said. (By Huang Chiao-wen and Y.F. Low)


Updated : 2021-07-24 14:04 GMT+08:00