Orders for Taiwanese exports dropped by 18.3% year-on-year to USD 42.1 billion in February 2023, the sixth consecutive month of decline but at a slower pace compared to January’s 19.3% fall. The latest reading came out more than market expectations of a 15% decrease, mainly due to the weak demand for consumer electronics, particularly telecom products (-20.3%) and electronic products (-21.9%). Additionally, orders decreased for optical, photographic & cinematographic apparatus (-38%), chemicals (-26.9%) and plastics & rubbers (-22.8%). On the other hand, demand went up for mineral products (28.1%) and electrical machinery products (0.3%). Among major trade partners, demand fell the most in Mainland China and Hong Kong (-35.5%), followed by ASEAN countries (-17.1%), Europe (-13.1%), and the USA (-12.6%). Meanwhile, export orders rose in Japan by 5.5%. source: Ministry of Economic Affairs, R.O.C.

New Orders in Taiwan averaged 21768.25 USD Million from 1984 until 2023, reaching an all time high of 65502.00 USD Million in November of 2021 and a record low of 2279.00 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 March of 2023.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Taiwan Export Orders



Calendar GMT Actual Previous Consensus TEForecast
2023-02-20 08:00 AM Jan -19.3% -23.2% -25% -19.0%
2023-03-20 08:00 AM Feb -18.3% -19.3% -15% -10.8%


Related Last Previous Unit Reference
New Orders 42119.00 47514.00 USD Million Feb 2023
Bankruptcies 1707.00 3069.00 Companies Jan 2023

Taiwan Export Orders
In Taiwan, because new orders heavily affect business confidence they are a leading indicator for growth in gross domsestic product.
Actual Previous Highest Lowest Dates Unit Frequency
42119.00 47514.00 65502.00 2279.00 1984 - 2023 USD Million Monthly
Current Prices, NSA

News Stream
Taiwan Export Orders Drop More than Expected
Orders for Taiwanese exports dropped by 18.3% year-on-year to USD 42.1 billion in February 2023, the sixth consecutive month of decline but at a slower pace compared to January’s 19.3% fall. The latest reading came out more than market expectations of a 15% decrease, mainly due to the weak demand for consumer electronics, particularly telecom products (-20.3%) and electronic products (-21.9%). Additionally, orders decreased for optical, photographic & cinematographic apparatus (-38%), chemicals (-26.9%) and plastics & rubbers (-22.8%). On the other hand, demand went up for mineral products (28.1%) and electrical machinery products (0.3%). Among major trade partners, demand fell the most in Mainland China and Hong Kong (-35.5%), followed by ASEAN countries (-17.1%), Europe (-13.1%), and the USA (-12.6%). Meanwhile, export orders rose in Japan by 5.5%.
2023-03-20
Taiwan Export Orders Fall Less than Expected
Orders for Taiwanese exports fell by 19.3% year-on-year to USD 47.5 billion in January 2023, less than a 23.2% decline in the previous month and market expectations of a 25% drop. Orders fell the most for plastics and rubbers (-49.4%), optical, photographic & cinematographic apparatus (-48%) and basic metals (-45.4%). On the other hand, demand for information & communication products rose by 9.8%, the first growth since September, due to an improving supply chain situation in China after the lift of covid restrictions. Among major trade partners, orders dropped the most in Mainland China and Hong Kong (-45.9%), followed by ASEAN countries (-29.1%), the USA (-19.3%) and Japan (-6%), while demand increased by 18.3% in Europe.
2023-02-20
Taiwan Export Orders Edges Down to 23.2%
Orders for Taiwanese exports declined by 23.2% year-on-year to USD 52.2 billion in December 2022, edging lower from a 23.4% slump in the previous month, and below market forecasts of 25.6 percent decrease. External demand fell mainly for optical, photographic, cinematographic apparatus (-40.9%), plastic and rubbers (-34.1%), basic metals (-33.9%), chemicals (-29.4%), electrical machinery (-24.1%), and information and communication (-24.1%). Among major trade partners, orders dropped from the US (-14.7%), Europe (-23.9%), China and Hong Kong (-37.7%), and ASEAN (-22.4%), while those from Japan increased (5%).
2023-01-31