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Taiwan August export value hits record for second time straight, says MOF

Taiwan recorded a total export value of US$39.55 for August 2021, hitting a monthly record for the second consecutive time with a growth of 4.2% on month and 26.9% on year. The corresponding total import value of US$36.08 billion was also the historically highest monthly figure and rose 12.6% on month and 46.3% on year, according to the Ministry of Finance (MOF).

Among different categories of Taiwan-made products, electronic components had the largest export value of US$15.217 billion in August, increasing 3.7% on month and 21.9% on year. In particular, ICs took up 90.2% of the export value.

The total export value of US$284.42 billion and total import value of US$243.21 billion for January-August 2021 increased 30.9% and 32.5% respectively on year.

 

MOF: Taiwan's main export markets and export values (US$m)

Export market

August 2021

January-August 2021

Export value

Proportion of total value

Trade balance

Export value

Proportion of total value

Trade balance

China plus Hong Kong

16,774

42.4%

9,247

120,978

42.5%

67,276

Six ASEAN countries together

6,079

15.4%

1,610

45,780

16.1%

15,576

US

5,993

15.2%

2,285

41,026

14.4%

15,137

Europe

3,446

8.7%

(833)

24,327

8.6%

(5,448)

Japan

2,514

6.4%

(2,896)

18,639

6.6%

(18,160)

Source: MOF, compiled by Digitimes, September 2021

By DIGITIMES

Link:https://www.digitimes.com/news/a20210907PR200.html

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