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Taiwan April 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$35.61 billion in total in April 2017, decreasing 13.4% on month but increasing 7.4% on year which was on-year growth for the ninth consecutive month, according to statistics released by the Ministry of Economic Affairs (MOEA) on May 22.

IT/communication products and electronic products were the top two categories in terms of export order value for April, with the former generating US$10.22 billion and the latter US$9.09 billion.

The total export order value of US$146.46 billion for January-April grew 11.3% on year and was the historically highest level for the same period.

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

Market

April 2017

January-April 2017

Amount

Proportion of total

Y/Y

Amount

Proportion of total

Y/Y

US

9.95

27.9%

6.0%

40.44

27.6%

11.3%

China plus Hong Kong

9.30

26.1%

13.8%

37.48

25.6%

18.6%

Europe

6.93

19.5%

19.0%

28.54

19.5%

10.6%

Japan

2.02

5.7%

7.6%

8.08

5.5%

12.7%

Six ASEAN* countries together

3.72

10.4%

(15.1%)

15.33

10.5%

(7.4%)

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