Staff writer, with CNATaiwan’s exports of toys, and gaming and sports items last year reached a 23-year high, largely because fitness awareness is on the rise worldwide, boosting demand for fitness equipment, the Ministry of Finance said on Friday. Outbound sales of toys, and gaming and sports items totaled US$2.43 billion, up 7.9 percent from a year earlier, ministry data showed. Exports of fitness equipment totaled US$1.05 billion last year, up 17.7 percent from a year earlier, the data showed. The spike in fitness equipment exports reflected Taiwan’s increasing strength in research and development in the area, as well as solid global demand, the ministry said. However, despite the increase, toys, and gaming and sports items made up only 0.7 percent of Taiwan’s total outbound sales, compared with the peak of 4 percent in 1992, or US$3.3 billion, it said.

Source: Taipei Times March 01, 2020 15:56 UTC