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Taiwan August export orders down on month

Taiwan-based makers received export orders totaling US$53.50 billion in August 2021, decreasing 3.2% sequentially but increasing 17.6% on year, according to the Ministry of Economic Affairs (MOEA).

Taiwan-based makers' overseas production took up 49.3% of the total.

Electronic products and IT/communication products were the top two categories in export order value for August, the former generating US$16.51 billion and the latter US$13.84 billion.

Export orders totaled US$418.73 billion for January-August, up 33.5% on year.

MOEA: Taiwan main export markets by order value, August 2021 (US$b)

Market

Aug 2021

Jan-Aug 2021

Amount

Proportion of total

Y/Y

Amount

Proportion of total

Y/Y

US

16.33

30.5%

19.2%

122.87

29.3%

31.0%

China plus HK

14.93

27.9%

15.9%

111.86

26.7%

35.3%

Europe

8.43

15.8%

3.7%

78.90

18.8%

29.9%

Japan

2.99

5.6%

18.3%

22.64

5.4%

33.8%

Six ASEAN countries

5.28

9.9%

27.7%

40.43

9.7%

41.0%

Source: MOEA, compiled by Digitimes, September 2021

By DIGITIMES

Link:https://www.digitimes.com/news/a20210924PR202.html

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