Taiwan received export orders totaling US$37.66 billion in value in April 2019, decreasing 2.4% sequentially and 3.7% on year, according to the Ministry of Economic Affairs (MOEA).
IT/communication products and electronic products were the top two categories in export order value, with the former generating US$10.53 billion and the latter US$9.72 billion.
The export order value for January-April totaled US$145.64 billion, slipping 7.2% on year.
Meanwhile, MOEA approved 193 projects of direct investment in China proposed by Taiwan-based investors totaling US$1.458 billion during January-April 2019. The investment sum dropped 45.52% on year, reflecting the impact from the US-China trade disputes, MOEA noted.
MOEA: Taiwan main export markets by value (US$b) | ||||||
Market | Apr 2019 | Jan-Apr 2019 | ||||
Amount | Proportion of total | Y/Y | Amount | Proportion of total | Y/Y | |
US | 10.25 | 27.2% | (6.0%) | 40.08 | 27.5% | (6.7%) |
China plus HK | 9.51 | 25.3% | (9.9%) | 36.55 | 25.1% | (13.0%) |
Europe | 7.67 | 20.4% | 5.5% | 28.97 | 19.9% | (3.8%) |
Japan | 2.20 | 5.8% | 4.4% | 8.61 | 5.9% | (1.0%) |
Six ASEAN countries | 3.46 | 9.2% | (11.4%) | 13.75 | 9.4% | (12.6%) |
Source: MOEA, compiled by Digitimes, May 2019
