New Orders in Taiwan decreased to 55398 USD Million in October from 60935 USD Million in September of 2022. source: Ministry of Economic Affairs, R.O.C.

New Orders in Taiwan averaged 21543.20 USD Million from 1984 until 2022, 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 December of 2022.

New Orders in Taiwan is expected to be 56000.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Taiwan Export Orders is projected to trend around 58000.00 USD Million in 2023, according to our econometric models.

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Taiwan Export Orders

Calendar GMT Actual Previous Consensus TEForecast
2022-10-20 08:00 AM Sep -3.1% 2% -5.5% -1.4%
2022-11-21 08:00 AM Oct -6.3% -3.1% -1% -1.2%
2022-12-20 08:00 AM Nov -6.3% -2.8%

Related Last Previous Unit Reference
New Orders 55398.00 60935.00 USD Million Oct 2022
Bankruptcies 2218.00 2584.00 Companies Oct 2022

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
55398.00 60935.00 65502.00 2279.00 1984 - 2022 USD Million Monthly
Current Prices, NSA

News Stream
Taiwan Export Orders Fall in September
Export orders in Taiwan dropped 3.1% year-on-year to $60.935 billion in September of 2022, following a 2% rise in August and compared with market expectations of a 5.5% fall as demand from China remains weak. External demand declined for optical, photographic, cinematographic apparatus (-41.1%), plastics & rubber products (-32.3%), basic metals & articles thereof (-31%), chemicals (-20.2%) and transport equipment (-23.5%). In contrast, orders rose for mineral products (61.6%), textile products (7.6%), and electronic products (6%). Among major trade partners, export orders decreased from Mainland China & Hong Kong (-27.9%), but increased from ASEAN (12.5%), Europe (9.6%), Japan (5%), and the US (2.8%).
Taiwan Export Orders Rebound
Export orders in Taiwan increased 2% year-on-year to $54.587 billion in August of 2022, rebounding from a 1.9% drop in July and beating market forecasts of a 2% decline. Orders for mineral products jumped 134%, electronics products 15.4%, textiles 6% and those for information and communication 3.1%. In contrast, orders for basic metals (-22.6%), machineries (-15.2%) and transport equipment (-9.8%) went down. Orders from the US surged 7.5% while those from China and Hong Kong declined 25.5%.
Taiwan Export Orders Beat Expectations
Orders for Taiwanese exports jumped by 9.5% from a year earlier to USD 58.8 billion in June of 2022, following a 6% rise in the prior month and beating market forecasts of a 5.6% expansion. It was the strongest increase in orders abroad since March, supported by strong global demand for technology products, namely information & communication products (22.0%) and electronic products rose (11.7%). Other positive contributions came from mineral products (171.2%) and chemicals (18.8%). Among key trade partners, orders rose from the US (13.3%), Europe (18.8%), ASEAN (28.8), and Japan (5.9%), but fell from China (-14.5%). Looking ahead, the Ministry of Economic Affairs sees July month’s orders to rise between 0.4 to 3.1% from a year earlier.