Export orders from Taiwan climbed 48.5 percent over a year earlier to USD 42.6 billion in February of 2021, the highest value on record for a February month and surpassing market expectations of a 45.1 percent jump. It is the 12th consecutive rise in export orders amid sustained demand for information & communication products (88.4 percent) and electronic products (52.4 percent), but also due to a lower base last year due to the pandemic. Orders also rose solidly for optical, photographic, cinematographic apparatus (59.4 percent); basic metals and articles thereof (20.8 percent) and machinery (24 percent). Among major trade partners, increases were seen from the US (50.2 percent), China (48.6 percent), Europe (73.4 percent) and Japan (45.3 percent). source: Ministry of Economic Affairs, R.O.C.
New Orders in Taiwan averaged 19969.88 USD Million from 1984 until 2021, reaching an all time high of 60549 USD Million in December of 2020 and a record low of 2279 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 April of 2021.
New Orders in Taiwan is expected to be 41900.00 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 45000.00 in 12 months time. In the long-term, the Taiwan Export Orders is projected to trend around 45000.00 USD Million in 2022, according to our econometric models.