Export orders from Taiwan jumped 6.5 percent year-on-year to USD 41 billion in June of 2020, beating market forecasts of a 1.2 percent increase. It is the biggest annual gain since August of 2018 as several countries reopened their economies following the coronavirus lockdown. Orders of information and communication products rose 17.1 percent and those of electronics products went up 23.9 percent. In contrast, orders for plastics and rubber fell 10 percent. Orders from the US jumped 13.6 percent, those from China and Hong Kong 13 percent and from Europe 10.8 percent.
New Orders in Taiwan averaged 19407.09 USD Million from 1984 until 2020, reaching an all time high of 48986 USD Million in October of 2018 and a record low of 2278 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 August of 2020.
New Orders in Taiwan is expected to be 38573.00 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 41782.00 in 12 months time. In the long-term, the Taiwan Export Orders is projected to trend around 41550.00 USD Million in 2021 and 43750.00 USD Million in 2022, according to our econometric models.