Export orders in Taiwan edged up 0.4 percent year-on-year to USD 38.89 billion in May of 2020, below a 2.3 percent rise in April and market forecasts of a 1.1 percent increase. Orders for information and communication products increased 22.2 percent and those for electronic products went up 13.4 percent while orders fell for the remaining categories, namely basic metals (-26.3 percent) and plastics and rubber (-21.9 percent). Orders to the US rose 8.6 percent and to China and Hong Kong 2.7 percent but those to the ASEAN countries went down 6 percent and to Japan 8.1 percent.
New Orders in Taiwan averaged 19312.87 USD Million from 1984 until 2020, reaching an all time high of 48986 USD Million in October of 2018 and a record low of 2278 USD Million in February of 1985. This page provides - Taiwan New Orders - actual values, historical data, forecast, chart, statistics, economic calendar and news. Taiwan Export Orders - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020.
New Orders in Taiwan is expected to be 38573.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate New Orders in Taiwan to stand at 41782.00 in 12 months time. In the long-term, the Taiwan Export Orders is projected to trend around 41550.00 USD Million in 2021 and 43750.00 USD Million in 2022, according to our econometric models.