CORE DRIVER:

Orders for electronic products and machinery saw an increase, underscoring robust demand for semiconductor-related services and equipment

By Chen Cheng-hui / Staff reporter

Export orders last month rose 48.1 percent year-on-year to US$87.45 billion, marking the 15th consecutive month of increases and the second-highest monthly level on record, the Ministry of Economic Affairs said yesterday.The rise decelerated from the 65.9 percent annual increase recorded in March and below the 47.3 to 50.7 percent growth forecast by the ministry last month.Cumulative orders in the first four months of this year grew 49.5 percent annually to US$319.36 billion, the ministry said in a report.

A container ship is pictured docking in Keelung Port on April 19.