Export orders from Taiwan climbed 48.5 percent over a year earlier to USD 42.6 billion in February of 2021, the highest value on record for a February month and surpassing market expectations of a 45.1 percent jump. It is the 12th consecutive rise in export orders amid sustained demand for information & communication products (88.4 percent) and electronic products (52.4 percent), but also due to a lower base last year due to the pandemic. Orders also rose solidly for optical, photographic, cinematographic apparatus (59.4 percent); basic metals and articles thereof (20.8 percent) and machinery (24 percent). Among major trade partners, increases were seen from the US (50.2 percent), China (48.6 percent), Europe (73.4 percent) and Japan (45.3 percent). source: Ministry of Economic Affairs, R.O.C.

New Orders in Taiwan averaged 19969.88 USD Million from 1984 until 2021, reaching an all time high of 60549 USD Million in December of 2020 and a record low of 2279 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 April of 2021.

New Orders in Taiwan is expected to be 41900.00 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 45000.00 in 12 months time. In the long-term, the Taiwan Export Orders is projected to trend around 45000.00 USD Million in 2022, according to our econometric models.

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Taiwan Export Orders

Actual Previous Highest Lowest Dates Unit Frequency
42595.00 52716.00 60549.00 2279.00 1984 - 2021 USD Million Monthly
Current Prices, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-12-21 08:00 AM Nov 29.7% 9.1% 13.4% 12.5%
2021-01-20 08:00 AM Dec 38.3% 29.7% 27% 25%
2021-02-24 08:00 AM Jan 49.3% 38.3% 44.5% 44%
2021-03-22 08:00 AM Feb 48.5% 49.3% 45.1% 46%
2021-04-20 08:00 AM Mar 48.5% 37%
2021-05-20 08:00 AM Apr
2021-06-21 08:00 AM May
2021-07-20 08:00 AM Jun


News Stream
Taiwan Export Orders Beat Forecasts
Export orders from Taiwan climbed 48.5 percent over a year earlier to USD 42.6 billion in February of 2021, the highest value on record for a February month and surpassing market expectations of a 45.1 percent jump. It is the 12th consecutive rise in export orders amid sustained demand for information & communication products (88.4 percent) and electronic products (52.4 percent), but also due to a lower base last year due to the pandemic. Orders also rose solidly for optical, photographic, cinematographic apparatus (59.4 percent); basic metals and articles thereof (20.8 percent) and machinery (24 percent). Among major trade partners, increases were seen from the US (50.2 percent), China (48.6 percent), Europe (73.4 percent) and Japan (45.3 percent).
2021-03-22
Taiwan Export Orders Rise More than Expected
Export orders from Taiwan jumped 49.3 percent over a year earlier to USD 52.7 billion in January of 2021, beating market expectations of a 44.5 percent advance. It is the 11th consecutive rise and the strongest gain since January 2010. Orders rose for information & telecommunication products (55.6 percent), electronic products (64.3 percent); optical, photographic, cinematographic apparatus (58.1 percent); basic metals and articles thereof (21.5 percent); plastics and articles thereof; rubber and articles thereof (43.3 percent) and electrical machinery products (52.5 percent). Among major trade partners, increases were seen from China (61.8 percent), the US (49.6 percent), Europe (53.8 percent) and Japan (52.3 percent).
2021-02-24
Taiwan Export Orders Hit New Record High
Export orders from Taiwan jumped 38.3 percent over a year earlier to a fresh all-time high of USD 60.5 billion in December of 2020, beating market expectations of a 27 percent rise. It is the 10th consecutive rise, and the strongest gain in nearly 11 years due to rising global demand for technology products for remote working and learning and new smartphones. Orders from China surged 54.3 percent, those from the US 40.5 percent, those from Europe 30.5 percent and those from Japan 31.2 percent. Considering full 2020, export orders were up 10.1 percent to a new high of USD 533.66 billion, recovering from a 5.3 percent fall in 2019.
2021-01-20
Taiwan Export Orders Rise the Most in Over a Decade
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.
2020-12-21

Taiwan Export Orders
In Taiwan, because new orders heavily affect business confidence they are a leading indicator for growth in gross domsestic product.