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Taiwan export orders hit 11-month high in September

Adam Hwang, DIGITIMES, Taipei
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Taiwan received export orders worth US$30.837 billion in September 2009, the highest since November 2008. The value represents a 9.01% sequential increase but a 3% on-year decrease, according to statistics released by the Ministry of Economic Affairs (MOEA) on October 23.

Electronic and IT/communications products were the top two categories in terms of value, with the former generating US$7.716 billion in September and US$55.365 billion in January-September and the latter US$7.695 billion and US$54.218 billion respectively.

The export order value for January-September totaled US$227.701 billion, down 18.01% on year.

MOEA also released statistics on Taiwan's industrial production (manufacturing, quarry & mining, construction, electricity/gas/water supply industries) indexes, with September production value rising by 4.91% on month and by 1.01% on year and January-September value dropping by 18.05% on year.

MOEA: Taiwan export orders, September and January-September 2009 (US$b)

Market

September

January-September

Value

Proportion

Y/Y

Value

Proportion

Y/Y

China (including Hong Kong)

8.262

26.79%

9.44%

61.435

26.98%

(4.96%)

US

6.606

21.42%

(10.60%)

51.833

22.76%

(18.99%)

Europe

5.708

18.51%

(13.44%)

40.131

17.62%

(20.89%)

Japan

3.574

11.59%

(3.56%)

23.266

10.22%

(17.27%)

Source: MOEA, compiled by Digitimes, October 2009