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Taiwan sees increased November export order value, says MOEA

Adam Hwang, DIGITIMES, Taipei
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Taiwan received export orders worth US$43.62 billion in total in November 2016, increasing 2.2% on month and 7.0% on year, according to statistics released by the Ministry of Economic Affairs (MOEA) on December 20.

IT/communication products and electronic products were the top two categories in terms of export order value for November, generating US$14.58 billion and US$11.75 billion.

The total export order value for January-November stood at US$403.30 billion, dropping 2.4% on year.

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

Market

November 2016

January-November 2016

Amount

Proportion of total

Y/Y

Amount

Proportion of total

Y/Y

US

12.97

29.7%

10.1%

115.63

28.7%

0.6%

China plus Hong Kong

10.25

23.5%

11.0%

96.95

24.0%

(1.2%)

Europe

9.77

22.4%

3.3%

78.32

19.4%

(2.8%)

Japan

2.14

4.9%

(0.4%)

22.50

5.6%

(18.4%)

Six ASEAN* countries together

4.52

10.4%

2.2%

47.69

11.8%

2.0%

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