Of export orders received by Taiwan-based manufacturers and exporters in 2020, domestic production accounted for 46.0%, slipping 1.4pp on year, according to a survey of overseas production for export orders conducted by Ministry of Economic Affairs (MOEA).
Production in ASEAN took up 2.9% of Taiwan makers' export orders in 2020, the highest-ever level, MOEA said.
In-house production (including production by subsidiaries and affiliates) accounted for 81.1% of all export orders; outsourced production, 11.0%; procurement of products from outside suppliers, 7.9%.
Taiwan makers saw most competition from fellow manufacturers (51.5%), followed by China-based competitors (22.8%), US and European ones (9.2%), Japanese and Korean firms (8.3%), overseas enterprises established by Taiwanese investors (4.3%), and ASEAN-based companies (2.7%).
Of the 2,203 surveyed companies with in-house production, 74 expanded production capacity in 2020, 37 set up new production lines and 66 partially or entirely shifted production lines (mostly moving out of China) across countries.
Taiwan export orders by place of production, 2020 | |||||
Category of products | Place of production | ||||
Taiwan | China+HK | ASEAN | Other Asian countries | US/Europe | |
All | 46.0% | 45.5% | 2.9% | 1.6% | 3.4% |
Electronics | 56.9% | 32.2% | 4.4% | 4.0% | 2.2% |
ICT | 9.0% | 79.4% | 1.7% | 0.7% | 7.8% |
Source: MOEA, compiled by Digitimes, July 2021
