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Taiwan recorded exports of US$40.14 billion for October 2021, hitting a record for fourth consecutive month with growth of 1.2% sequentially and 24.6% year-on-year, while the corresponding imports totaled US$34.02 billion, second highest-ever monthly figure which rose 2.4% sequentially and 37.2% year-on-year, according to the Ministry of Finance (MOF).
Electronic components had the largest export value of US$14.582 billion in October, decreasing 12.1% sequentially but increasing 12.4% year-on-year, with ICs taking up 89.7% of the value.
Exports of US$364.20 billion and imports of US$310.38 billion for January-October grew 37.2% and 33.3% respectively year-on-year.
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MOF: Taiwan's main export markets, October 2021 (US$m) |
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|
Export market |
Oct 2021 |
Jan-Oct 2021 |
||
|
Export value |
Proportion of total |
Export value |
Proportion of total |
|
|
China plus HK |
16,218 |
40.4% |
154,676 |
42.5% |
|
Six ASEAN countries |
6,032 |
15.0% |
57,486 |
15.8% |
|
US |
6,227 |
15.5% |
53,259 |
14.6% |
|
Europe |
3,751 |
9.3% |
31,276 |
8.6% |
|
Japan |
2,652 |
6.6% |
23,892 |
6.6% |
Source: MOF, compiled by Digitimes, November 2021
By DIGITIMES
