Export orders from Taiwan increased 9.1 percent over a year earlier to an all-time high of USD 51.6 billion in October of 2020, beating market expectations of an 8.2 percent rise, helped by new smartphone launches ahead of the year-end holiday season, as well as continued robust demand for telecommuting products as many people are forced to work and study from home due to the pandemic. Orders rose for electronic products (17.5 percent); information & telecommunication products (4.4 percent); optical, photographic, cinematographic apparatus (16.8 percent); machines (13.2 percent); transport equipment (16.7 percent) and basic metals and articles thereof (11.5 percent). Among major trade partners, increases were seen from the US (17.1 percent), China (10.7 percent), Japan (18.6 percent) and ASEAN countries (6.1 percent). Orders from Europe dropped 0.1 percent. source: Ministry of Economic Affairs, R.O.C.

New Orders in Taiwan averaged 19667.36 USD Million from 1984 until 2020, reaching an all time high of 51590 USD Million in October of 2020 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 November of 2020.

New Orders in Taiwan is expected to be 44500.00 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 44500.00 in 12 months time. In the long-term, the Taiwan Export Orders is projected to trend around 45000.00 USD Million in 2021, according to our econometric models.

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Taiwan Export Orders

Actual Previous Highest Lowest Dates Unit Frequency
51590.00 50026.00 51590.00 2278.00 1984 - 2020 USD Million Monthly
Current Prices, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-08-20 08:00 AM Jul 12.4% 6.5% 3.7% 2.5%
2020-09-21 08:00 AM Aug 13.6% 12.4% 8.2% 7%
2020-10-20 08:00 AM Sep 9.9% 13.6% 9% 8.5%
2020-11-20 08:00 AM Oct 9.1% 9.9% 8.2% 7.5%
2020-12-21 08:00 AM Nov 9.1%
2021-01-20 08:00 AM Dec
2021-02-20 08:00 AM Jan
2021-03-20 08:00 AM Feb


News Stream
Taiwan October Export Orders Highest on Record
Export orders from Taiwan increased 9.1 percent over a year earlier to an all-time high of USD 51.6 billion in October of 2020, beating market expectations of an 8.2 percent rise, helped by new smartphone launches ahead of the year-end holiday season, as well as continued robust demand for telecommuting products as many people are forced to work and study from home due to the pandemic. Orders rose for electronic products (17.5 percent); information & telecommunication products (4.4 percent); optical, photographic, cinematographic apparatus (16.8 percent); machines (13.2 percent); transport equipment (16.7 percent) and basic metals and articles thereof (11.5 percent). Among major trade partners, increases were seen from the US (17.1 percent), China (10.7 percent), Japan (18.6 percent) and ASEAN countries (6.1 percent). Orders from Europe dropped 0.1 percent.
2020-11-20
Taiwan Export Orders Highest on Record
Export orders from Taiwan increased 9.9 percent over a year earlier to USD 50 billion in September of 2020, beating market expectations of 9 percent gain and following a double-digit growth in both July and August. It is the biggest value on record as economic activity continued to rebound in several countries from coronavirus induced slowdown. The most sizable increases were reported on orders from China (31 percent vs 21 percent in August), US (11.1 percent vs 19.5 percent rise in August) and Japan (10.1 percent vs 3.8 percent decline). Orders from Europe went down 12.2 percent compared to 21.2 percent growth in August.
2020-10-20
Taiwan Export Orders Rise the Most in Over 2-1/2-Years
Export orders from Taiwan increased 13.6 percent over a year earlier to USD 45.5 billion in August 2020, beating market expectations of an 8.2 percent gain. It was the biggest annual gain since January 2018 as countries continued to reopen their economies following the coronavirus lockdown. Orders rose for electronics products (28.2 percent); information and communication products (26.4 percent); optical, photographic, cinematographic apparatus (5.4 percent); electrical machinery (6.1 percent); machines (7 percent); and transport equipment (2.2 percent). Meanwhile, orders declined for mineral products (-64.2 percent); chemicals (-20.1 percent); and textiles (-14.6 percent). Orders from China and Hong Kong went up 7.5 percent, those from ASEAN 3.3 percent and from Japan 5.7 percent; but dropped from the US (-3 percent) and Europe (-8.9 percent).
2020-09-21
Taiwan Export Orders Rise the Most in Over 2 Years
Export orders from Taiwan jumped 12.4 percent year-on-year to USD 45.6 billion in July of 2020, beating market expectations of a 3.7 percent rise. It was the biggest annual gain since January of 2018 as several countries reopened their economies following the coronavirus lockdown. Orders increased for information and communication products (29.9 percent); electronics products (25.4 percent); optical, photographic, cinematographic apparatus (10.6 percent); electrical machinery (7.1 percent); and machines (6.7 percent). On the other hand, orders dropped for mineral products (-66.2 percent); chemicals (-22.7 percent); and textiles (-13.5 percent). Orders from the US climbed 22.2 percent, those from Europe 18.2 percent and from China and Hong Kong 16.8 percent.
2020-08-20

Taiwan Export Orders
In Taiwan, because new orders heavily affect business confidence they are a leading indicator for growth in gross domsestic product.