Export orders from Taiwan increased 9.9 percent over a year earlier to USD 50 billion in September of 2020, beating market expectations of 9 percent gain and following a double-digit growth in both July and August. It is the biggest value on record as economic activity continued to rebound in several countries from coronavirus induced slowdown. The most sizable increases were reported on orders from China (31 percent vs 21 percent in August), US (11.1 percent vs 19.5 percent rise in August) and Japan (10.1 percent vs 3.8 percent decline). Orders from Europe went down 12.2 percent compared to 21.2 percent growth in August.
New Orders in Taiwan averaged 19594.98 USD Million from 1984 until 2020, reaching an all time high of 50026 USD Million in September 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 October of 2020.
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.