Orders for Taiwanese exports rose by 12.1 percent from a year earlier to an all-time high of USD 67.9 billion in December 2021, following a 13.4 percent increase in the previous month and beating market expectations of an 8 percent advance. Demand was up for information and communication products (12.7 percent), electronic products (12.2 percent), basic metals and articles thereof (24.9 percent), plastics, rubber and articles thereof (12.9 percent), chemicals (19.1 percent), and electrical machinery products (8.7 percent). Among major trade partners, export orders increased from the US (16.9 percent), China and Hong Kong (4.5 percent), ASEAN (33.7 percent) and Europe (8.2 percent), but declined from Japan (-5.8 percent). source: Ministry of Economic Affairs, R.O.C.

New Orders in Taiwan averaged 20801.29 USD Million from 1984 until 2021, reaching an all time high of 67897 USD Million in December of 2021 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 January of 2022.

New Orders in Taiwan is expected to be 50000.00 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


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
67897.00 65502.00 67897.00 2279.00 1984 - 2021 USD Million Monthly
Current Prices, NSA

Calendar GMT Actual Previous Consensus TEForecast
2021-12-20 08:00 AM Nov 13.4% 14.6% 5.8% 4.4%
2022-01-20 08:00 AM Dec 12.1% 13.4% 8% 10%
2022-02-24 08:00 AM Jan 12.1% 11.5%


Related Last Previous Unit Reference
New Orders 67897.00 65502.00 USD Million Dec/21
Bankruptcies 2849.00 2762.00 Companies Nov/21


News Stream
Taiwan Export Orders Rise 12.1% to New Record
Orders for Taiwanese exports rose by 12.1 percent from a year earlier to an all-time high of USD 67.9 billion in December 2021, following a 13.4 percent increase in the previous month and beating market expectations of an 8 percent advance. Demand was up for information and communication products (12.7 percent), electronic products (12.2 percent), basic metals and articles thereof (24.9 percent), plastics, rubber and articles thereof (12.9 percent), chemicals (19.1 percent), and electrical machinery products (8.7 percent). Among major trade partners, export orders increased from the US (16.9 percent), China and Hong Kong (4.5 percent), ASEAN (33.7 percent) and Europe (8.2 percent), but declined from Japan (-5.8 percent).
2022-01-20
Taiwan Export Orders Hit All-Time High
Export orders from Taiwan hiked 13.4 percent year-on-year to a record USD 65,502 million in November of 2021, well above market expectations of a 5.8 percent increase, reflecting strong global demand for technology products. Among major product categories, both electronic products (17.9 percent) and information & communication products (1.7 percent) saw annual increases. In smaller categories, gains were as robust, namely other products (12.5 percent); base metals & articles thereof (32.6 percent); optical, photographic & cinematographic apparatus (12.3 percent); plastic & rubber products (22.6 percent). Among major trade partners, the US placed the most orders (10.8 percent year-on-year); followed by mainland China & Hong Kong (25.3 percent), while orders from Europe decreased (-2.0 percent).
2021-12-20
Taiwan Export Orders Largely Miss Expectations
Export orders from Taiwan rose 14.6 percent year-on-year to USD 59,101 million in October of 2021, unprecedented values for an October month but missed market expectations of a 22.8 percent jump, reflecting strong global demand for technology. Overall growth continued to be driven by electronic products (13.4 percent) and information & communication products (8.7 percent). In smaller categories, gains were more robust, namely in base metals & articles thereof (39.1 percent); plastic & rubber products (28.5 percent); and optical, photographic & cinematographic apparatus (14.1 percent). Among major trade partners, orders were mostly boosted by Mainland China & Hong Kong (21.7 percent) and Europe (18.2 percent), while placements from the US increased just marginally (0.5 percent).
2021-11-22