Orders for Taiwanese exports tumbled 23.4 percent from a year earlier to USD 50.1 billion in November 2022, the largest annual decline since March 2009, following a 6.3 percent decrease in the previous month and compared with market expectations of an 11.2 percent drop. It was also the lowest level in export orders since February 2021, as demand was down for information & communication products (-30.5 percent), optical, photographic, cinematographic apparatus (-43.0 percent), basic metals (-35.3 percent), machineries (-17.0 percent), electrical machinery products (-19.4 percent), and electronic products (-15.2 percent). Among major trade partners, export orders fell from the US (-16.7 percent), China and Hong Kong (-37.3 percent), Europe (-26.3 percent) and ASEAN (-17.7 percent). source: Ministry of Economic Affairs, R.O.C.
New Orders in Taiwan averaged 21604.44 USD Million from 1984 until 2022, reaching an all time high of 65502.00 USD Million in November of 2021 and a record low of 2279.00 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 January of 2023.
New Orders in Taiwan is expected to be 56000.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Taiwan Export Orders is projected to trend around 58000.00 USD Million in 2023, according to our econometric models.