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Taiwan sees increased August export order value, says MOEA

Adam Hwang, DIGITIMES, Taipei
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Taiwan received export orders worth US$37.93 billion in total in August 2016, increasing 8.3% on month and on year, according to statistics released by the Ministry of Economic Affairs (MOEA) on September 22.

IT/communication products and electronic products were the top two categories in terms of export order value for August, generating US$10.52 billion and US$10.44 billion.

The total export order value for January-August stood at US$274.03 billion, dropping 5.0% on year.

MOEA: Taiwan main export markets by export order value (US$b), August 2016

Market

August 2016

January-August 2016

Amount

Proportion of total

Y/Y

Amount

Proportion of total

Y/Y

US

10.92

28.8%

15.1%

76.81

28.0%

(2.3%)

China plus Hong Kong

9.77

25.8%

12.8%

67.39

24.6%

(4.7%)

Europe

5.88

15.5%

5.6%

49.61

18.1%

(5.6%)

Japan

2.41

6.4%

(9.5%)

15.76

5.8%

(21.5%)

Six ASEAN* countries together

4.52

11.9%

2.5%

34.09

12.4%

1.3%

*Association of Southeast Asian Nations
Source: MOEA, compiled by Digitimes, September 2016