Exports from Taiwan fell 4.4 percent from a year earlier to USD 28.7 billion in March 2019, the fifth consecutive month of decline, due to lower sales of parts of electronic product (-13.3 percent), base metals (-7.5 percent), plastics & rubber (-3.8 percent) and machinery (-3.2 percent). By contrast, exports of information, communication and audio-video products climbed 23.1 percent. Among major trading partners, exports dropped to China & Hong Kong (-14.8 percent) and ASEAN (-9.9 percent), but rose to the US (25.6 percent), Japan (4.1 percent) and Europe (0.9 percent). Exports in Taiwan averaged 13206.65 USD Million from 1981 until 2019, reaching an all time high of 29985.19 USD Million in March of 2018 and a record low of 1406.50 USD Million in February of 1981.
Exports in Taiwan is expected to be 26800.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Taiwan to stand at 27200.00 in 12 months time. In the long-term, the Taiwan Exports is projected to trend around 22900.00 USD Million in 2020, according to our econometric models.