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Taiwan-based makers received export orders totaling US$60.55 billion in December 2020, hitting a monthly record for the fourth consecutive month with increases of 4.8% sequentially and 38.3% on year, according to the Ministry of Economic Affairs (MOEA).
Makers' overseas production took up 54.9% of the total.
IT/communication and electronic products were the top two export categories in December, the former generating monthly record of US$19.29 billion and the latter US$19.21 billion.
Export orders totaled US$169.92 billion in fourth-quarter 2020, the highest-ever quarterly level with growths of 20.4% sequentially and 25.3% on year, while US$533.66 billion for the whole year hit annual record, rising 10.1% on year.
MOEA: Taiwan's main export markets, December 2020 (US$b) |
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Market |
Dec 2020 |
2020 |
||||
Amount |
Proportion of total |
Y/Y |
Amount |
Proportion of total |
Y/Y |
|
US |
17.85 |
29.5% |
40.5% |
161.62 |
30.3% |
15.2% |
China plus HK |
16.03 |
26.5% |
54.3% |
137.66 |
25.8% |
15.6% |
Europe |
13.51 |
22.3% |
35.0% |
108.89 |
20.4% |
11.1% |
Japan |
3.09 |
5.1% |
31.2% |
28.57 |
5.4% |
1.9% |
Six ASEAN countries |
4.81 |
7.9% |
31.3% |
46.49 |
8.7% |
5.5% |
Source: MOEA, compiled by Digitimes, January 2021
By DIGITIMES