Export orders from Taiwan surged 29.7 percent over a year earlier to a new all-time high of USD 57.7 billion in November of 2020, beating market expectations of a 13.4 percent rise. It is the 9th consecutive rise and the biggest gain since May of 2010, due to strong global demand for technology products for remote working and learning and new smartphones as Apple launched a new iPhone. Orders for telecommunications products rose 22.3 percent to USD 20.8 billion, a record monthly high. Orders from China increased 23.3 percent and those from the US 30.6 percent. source: Ministry of Economic Affairs, R.O.C.
New Orders in Taiwan averaged 19753.40 USD Million from 1984 until 2020, reaching an all time high of 57783 USD Million in November of 2020 and a record low of 2278 USD Million in February of 1985. This page provides - Taiwan New Orders - actual values, historical data, forecast, chart, statistics, economic calendar and news. Taiwan Export Orders - data, historical chart, forecasts and calendar of releases - was last updated on January of 2021.
New Orders in Taiwan is expected to be 44500.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate New Orders in Taiwan to stand at 44500.00 in 12 months time. In the long-term, the Taiwan Export Orders is projected to trend around 45000.00 USD Million in 2021, according to our econometric models.