Preliminary Q3 GDP seen at 2.1 yy prior qtr 1.36
Q3 exports 5.1 yy vs Q2 16.9 yy
GDP data due Tuesday, Oct 31, after 4 p.m. 0800 GMT

TAIPEI, Oct 27 Reuters Taiwan39;s tradedependent economy likely grew faster in the third quarter than the second thanks to resilient domestic consumption and a tentative rebound in exports, a Reuters poll showed on Friday.

Gross domestic product GDP is expected to have expanded 2.1 in the JulySeptember period versus a year earlier, the poll of 20 economists showed. GDP grew 1.36 yearonyear in the second quarter, having slipped into recession in the first.

The economists39; forecasts for preliminary GDP data due on Tuesday varied widely from an expansion of just 0.5 to as much as 3.75.

Taiwan39;s exports emerged from a yearlong decline in September, rising for the first time in 13 months on increased demand from the United States ahead of the yearend holiday shopping season.

Third quarter exports dropped 5.1 compared with the same period in 2022, a marked improvement on the second quarter39;s annual contraction of 16.9.

Kevin Wang, an economist at Taishin Securities Investment Advisory in Taipei, said although external demand for madeinTaiwan goods was picking up, the momentum was not strong.

Private consumption was the bright spot in the third quarter, owing to the contribution of the peak summer vacation season, he added.

The government39;s statistics bureau said in August it expects fullyear 2023 growth of 1.61, its slowest…