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.

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Taiwan Export Orders

Actual Previous Highest Lowest Dates Unit Frequency
41000.00 38891.00 48986.00 2278.00 1984 - 2020 USD Million Monthly
Current Prices, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-04-20 08:00 AM Mar 4.3% -0.8% -10.15% -13%
2020-05-20 08:00 AM Apr 2.3% 4.3% -3% -5.5%
2020-06-20 08:00 AM May 0.4% 2.3% 1.1% 1.5%
2020-07-20 08:00 AM Jun 6.5% 0.4% 1.2% 0.8%
2020-08-20 08:00 AM Jul 6.5% 0.5%
2020-09-20 08:00 AM Aug
2020-10-21 08:00 AM Sep
2020-11-20 08:00 AM Oct


News Stream
Taiwan Export Orders Rise the Most in 2 Years
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.
2020-07-20
Taiwan Export Orders Rise Less than Expected
Export orders in Taiwan edged up 0.4 percent year-on-year to USD 38.89 billion in May of 2020, below a 2.3 percent rise in April and market forecasts of a 1.1 percent increase. Orders for information and communication products increased 22.2 percent and those for electronic products went up 13.4 percent while orders fell for the remaining categories, namely basic metals (-26.3 percent) and plastics and rubber (-21.9 percent). Orders to the US rose 8.6 percent and to China and Hong Kong 2.7 percent but those to the ASEAN countries went down 6 percent and to Japan 8.1 percent.
2020-06-20
Taiwan Export Orders Unexpectedly Rise for 2nd Month
Taiwan's export orders grew 2.3% year-on-year to USD 38.53 billion in April of 2020, following a 4.3% rise in the previous month and against market expectations of a 3% slump. It was the second consecutive monthly increase in export orders, as demand rose for information & communication products (18.6%); electronic products (16.2%); electrical machinery products (11.9%) and optical, photographic, cinematographic apparatus (5.3%). On the other hand, orders decreased for basic metals & articles thereof (-20.8%); plastics & articles thereof (-23.3%); chemicals (-22.7%); machinery (-13.6%); transport equipment (-16.9%); textiles (-34.1%) and mineral products (-68.9%). Among major trade partners, export orders went up from the US (6.8%), China (9.2%), Europe (7.6%), but fell from ASEAN countries (-3.9%) and Japan (-4.7%). On a monthly basis, export orders shrank 4.3%. In the first four months of the year, export orders fell 2% compared to the same period a year ago.
2020-05-20
Taiwan Export Orders Rise Unexpectedly in March
Taiwan's export orders rose 4.3 percent year-on-year to USD 40.26 billion in March 2020, following a 0.8 percent fall in the previous month and beating market expectations of a 10.15 percent decline. Demand increased for electronic products (23.8 percent); electrical machinery (8.6 percent); and information & communication (6.9 percent). In contrasts, orders fell for chemicals (-19.8 percent); plastics & articles thereof (-11.6 percent); basic metals & articles (-8.5 percent); machineries (-1.1 percent); optical, photographic, cinematographic apparatus (-6 percent); textiles (-9.9 percent); and transport equipment (-0.7 percent). Among major trade partners, exports orders went up from the US (9.1 percent), China & Hong Kong (7.5 percent) and Europe (5.1 percent), but dropped for Japan (-3.9 percent).
2020-04-20

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