Export orders from Taiwan jumped 31.1 percent year-on-year to USD 53,733 million in June of 2021, the highest on records for a June month and beat market expectations of a 29.45 percent hike. The government attributed the strong performance to demand for 5G and semiconductors, amid the global chip shortage, which was observed in the orders for electronics (36.5 percent) and in exports of information & communication articles (6.9 percent), the second most relevant product category. Among major trade partners, orders increased on the back of the US (24.0 percent), followed by Mainland China & Hong Kong (36.7 percent), and Europe (24.3 percent). Looking ahead, the Ministry of Economic Affairs of Taiwan warned of the spread of COVID-19 variants and forecasts July export orders to rise between 15.7 and 18.9 percent. source: Ministry of Economic Affairs, R.O.C.

New Orders in Taiwan averaged 20269.29 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 July 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 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
53733.00 52294.00 60549.00 2279.00 1984 - 2021 USD Million Monthly
Current Prices, NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-04-20 08:00 AM Mar 33.3% 48.5% 33.65% 37%
2021-05-20 08:00 AM Apr 42.6% 33.3% 32.6% 32%
2021-06-21 08:00 AM May 34.5% 42.6% 40.15% 44%
2021-07-20 08:00 AM Jun 31.1% 34.5% 29.45% 30%
2021-08-20 08:00 AM Jul 31.1%
2021-09-21 08:00 AM Aug
2021-10-20 08:00 AM Sep
2021-11-22 08:00 AM Oct


News Stream
Taiwan Export Orders Beat Estimates
Export orders from Taiwan jumped 31.1 percent year-on-year to USD 53,733 million in June of 2021, the highest on records for a June month and beat market expectations of a 29.45 percent hike. The government attributed the strong performance to demand for 5G and semiconductors, amid the global chip shortage, which was observed in the orders for electronics (36.5 percent) and in exports of information & communication articles (6.9 percent), the second most relevant product category. Among major trade partners, orders increased on the back of the US (24.0 percent), followed by Mainland China & Hong Kong (36.7 percent), and Europe (24.3 percent). Looking ahead, the Ministry of Economic Affairs of Taiwan forecasts July export orders to rise between 15.7 and 18.9 percent.
2021-07-20
Taiwan Export Orders Below Expectations
Export orders from Taiwan went up 34.5 percent year-on-year to USD 52,294 million in May of 2021, the highest on records for a May month but below market expectations of a 40.15 percent surge. Foreign demand remained strong for technology products, namely electronics (40.3 percent) and information & communication articles (4.2 percent), although demand was softer compared to the previous month. Among major trade partners, orders increased the most from Japan (41.3 percent), followed by China (40.0 percent), the US (28.1 percent), and Europe (20.9 percent). Looking ahead, the Ministry of Economic Affairs of Taiwan forecasts June export orders to jump between 28.1 and 31.7 percent.
2021-06-21
Taiwan Export Orders Highest on Record For April
Export orders from Taiwan jumped 42.6% over a year earlier to USD 54.9 billion in April of 2021, the most on record for an April month, largely beating market expectations of a 32.6% surge. It is the 14th consecutive rise in export orders amid sustained demand for electronic products (51.5%) and information & communication products (23.8%) during strict lockdowns worldwide to contain the COVID-19 pandemic. Orders also rose strongly for basic metals and articles thereof (86%); plastics and rubber products (73.7%); machinery (54%); chemicals (44.8%) and mineral products (152.8%). Among major trade partners, increases were seen from the US (43%), China (40.5%), Europe (38%), ASEAN (57.8%) and Japan (36.4%).
2021-05-20
Taiwan Export Orders Highest on Record For March
Export orders from Taiwan climbed 33.3 percent over a year earlier to USD 53.7 billion in March of 2021, the most on record for a March month but missing market expectations of a 33.65 percent jump. It is the 13th consecutive rise in export orders amid sustained demand for electronic products (27.2 percent) and information & communication products (21.6 percent). Orders also rose solidly for basic metals and articles thereof (54.4 percent); plastic, rubber and articles thereof (61.8 percent); and optical, photographic, cinematographic apparatus (45.2 percent). Among major trade partners, increases were seen from the US (33.2 percent), China (34.1 percent), Europe (30.4 percent) and Japan (30.4 percent).
2021-04-20

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