Export orders from Taiwan went up 17.6 percent year-on-year to USD 53,505 million in August of 2021, the highest on record for an August month, but below a 21.4 percent rise in July and market expectations of a 20.7 percent surge. External demand rose for electronic products (17.7 percent); information & communications products (4.6 percent); chemical products (56.1 percent); plastic & rubber products (45.3 percent); base metals & articles thereof (47.9 percent); machineries (28.9 percent); transport equipment (42.4 percent); and optical, photographic & cinematographic apparatus (23 percent). Among major trade partners, main increases came from the US (19.2 percent), followed by Mainland China & Hong Kong (15.9 percent), Europe (3.7 percent), ASEAN (27.7 percent), and Japan (18.3 percent). source: Ministry of Economic Affairs, R.O.C.

New Orders in Taiwan averaged 20420.32 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 October of 2021.

New Orders in Taiwan is expected to be 45000.00 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 45000.00 USD Million in 2022, according to our econometric models.

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Taiwan Export Orders


Calendar GMT Actual Previous Consensus TEForecast
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 21.4% 31.1% 20.85% 27%
2021-09-24 08:00 AM Aug 17.6% 21.4% 20.7% 18%
2021-10-20 08:00 AM Sep 17.6% 17% 17.5%
2021-11-22 08:00 AM Oct
2021-12-20 08:00 AM Nov


News Stream
Taiwan August Export Orders Rise Less than Expected
Export orders from Taiwan went up 17.6 percent year-on-year to USD 53,505 million in August of 2021, the highest on record for an August month, but below a 21.4 percent rise in July and market expectations of a 20.7 percent surge. External demand rose for electronic products (17.7 percent); information & communications products (4.6 percent); chemical products (56.1 percent); plastic & rubber products (45.3 percent); base metals & articles thereof (47.9 percent); machineries (28.9 percent); transport equipment (42.4 percent); and optical, photographic & cinematographic apparatus (23 percent). Among major trade partners, main increases came from the US (19.2 percent), followed by Mainland China & Hong Kong (15.9 percent), Europe (3.7 percent), ASEAN (27.7 percent), and Japan (18.3 percent).
2021-09-24
Taiwan July Export Orders Jump More than Expected
Export orders from Taiwan advanced 21.4 percent year-on-year to USD 55,298 million in July of 2021, record figures for a July month and beat market expectations of a 20.85 percent jump. The demand for 5G and semiconductors, amid the global chip shortage, continued to drive significant order volumes in electronics (23.3 percent) and information & communication products (4.4 percent). Additionally, orders rose markedly in base metals & articles thereof (67.4 percent); optical, photographic & cinematographic apparatus (29.5 percent); and plastic & rubber products (44.0 percent). Among major trade partners, main contributions came from the US (16.5 percent), followed by Mainland China & Hong Kong (20.1 percent), Europe (14.3 percent), ASEAN (33.5 percent), and Japan (27.6 percent).
2021-08-20
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 Last Unit Reference Previous Highest Lowest
New Orders 53505.00 USD Million Aug/21 55298.00 60549.00 2279.00
Bankruptcies 3084.00 Companies Aug/21 2974.00 7810.00 1144.00


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