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Taiwan December export order value down on month, up on year, says MOEA

Adam Hwang, DIGITIMES, Taipei
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Taiwan received export orders worth US$41.24 billion in total in December 2016, decreasing 5.5% on month but increasing 6.3% on year, according to statistics released by the Ministry of Economic Affairs (MOEA) on January 20.

IT/communication products and electronic products were the top two categories in terms of export order value for December, generating US$13.00 billion and US$10.68 billion.

The total export order value of US$127.54 billion for the fourth quarter grew 10.0% on quarter and 4.4% on year and that of US$444.54 billion for the whole year of 2016 dropped 1.6% on year.

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

Market

December 2016

2016

Amount

Proportion of total

Y/Y

Amount

Proportion of total

Y/Y

US

11.98

29.0%

8.7%

127.60

28.7%

1.3%

China plus Hong Kong

10.17

24.7%

11.2%

107.11

24.1%

(0.2%)

Europe

8.62

20.9%

7.9%

86.94

19.6%

(1.9%)

Japan

2.11

5.1%

(2.6%)

24.61

5.5%

(17.3%)

Six ASEAN* countries together

4.21

10.2%

(1.6%)

51.91

11.7%

1.7%

*Association of Southeast Asian Nations
Source: MOEA, compiled by Digitimes, January 2017