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.

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Taiwan Export Orders



Calendar GMT Actual Previous Consensus TEForecast
2022-11-21 08:00 AM Oct -6.3% -3.1% -1% -1.2%
2022-12-20 08:00 AM Nov -23.4% -6.3% -11.2% -2.8%


Related Last Previous Unit Reference
New Orders 50143.00 55398.00 USD Million Nov 2022
Bankruptcies 2223.00 2218.00 Companies Nov 2022

Taiwan Export Orders
In Taiwan, because new orders heavily affect business confidence they are a leading indicator for growth in gross domsestic product.
Actual Previous Highest Lowest Dates Unit Frequency
50143.00 55398.00 65502.00 2279.00 1984 - 2022 USD Million Monthly
Current Prices, NSA

News Stream
Taiwan Export Orders Drop the Most in Almost 14 Years
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).
2022-12-20
Taiwan Export Orders Fall in September
Export orders in Taiwan dropped 3.1% year-on-year to $60.935 billion in September of 2022, following a 2% rise in August and compared with market expectations of a 5.5% fall as demand from China remains weak. External demand declined for optical, photographic, cinematographic apparatus (-41.1%), plastics & rubber products (-32.3%), basic metals & articles thereof (-31%), chemicals (-20.2%) and transport equipment (-23.5%). In contrast, orders rose for mineral products (61.6%), textile products (7.6%), and electronic products (6%). Among major trade partners, export orders decreased from Mainland China & Hong Kong (-27.9%), but increased from ASEAN (12.5%), Europe (9.6%), Japan (5%), and the US (2.8%).
2022-10-20
Taiwan Export Orders Rebound
Export orders in Taiwan increased 2% year-on-year to $54.587 billion in August of 2022, rebounding from a 1.9% drop in July and beating market forecasts of a 2% decline. Orders for mineral products jumped 134%, electronics products 15.4%, textiles 6% and those for information and communication 3.1%. In contrast, orders for basic metals (-22.6%), machineries (-15.2%) and transport equipment (-9.8%) went down. Orders from the US surged 7.5% while those from China and Hong Kong declined 25.5%.
2022-09-20