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Taiwan July export orders down on year

Adam Hwang, DIGITIMES, Taipei
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Taiwan received export orders with total value of US$40.53 billion in July 2019, increasing 5.3% sequentially but decreasing 3.0% on year, according to the Ministry of Economic Affairs (MOEA).

IT/communication and electronic products were the top two export categories in terms of export order value, with the former generating US$11.11 billion and the latter US$10.56 billion.

The total export order value for January-July was US$263.39 billion, slipping 6.0% on year.

MOEA: Taiwan main export markets by value, July 2019 (US$b)

Market

Jul 2019

Jan-Jul 2019

Amount

Proportion of total

Y/Y

Amount

Proportion of total

Y/Y

US

11.55

28.5%

(1.6%)

74.33

28.2%

(3.3%)

China plus HK

10.26

25.3%

(6.3%)

66.05

25.1%

(12.4%)

Europe

7.54

18.6%

(1.8%)

50.26

19.1%

(3.1%)

Japan

2.58

6.4%

0.7%

15.78

6.0%

(2.0%)

Six ASEAN countries

3.80

9.4%

(8.1%)

24.94

9.5%

(12.4%)

Source: MOEA, compiled by Digitimes, August 2019