Home Update Taiwan February exports down

Taiwan February exports down

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Taiwan obtained export orders totaling US$28.90 billion in February 2019, reducing 28.6% sequentially and 10.9% on 12 months, in keeping with the Ministry of Economic Affairs (MOEA) on March 20.

IT/communication merchandise and digital merchandise had been the highest two classes when it comes to export order worth for February, the previous producing US$7.90 billion and the latter US$7.33 billion.

Export orders totaled US$69.39 billion in worth for January-February, slipping 8.1% on 12 months.

MOEA: Taiwan essential export markets by worth (US$b)

Market

Feb 2019

Jan-Feb 2019

Amount

Proportion of whole

Y/Y

Amount

Proportion of whole

Y/Y

US

7.88

27.3%

(5.5%)

19.07

27.5%

(5.4%)

China (HK included)

7.34

25.4%

(14.3%)

17.14

24.7%

(14.2%)

Europe

5.36

18.5%

(18.8%)

13.99

20.2%

(8.9%)

Japan

1.89

6.5%

0.3%

4.16

6.0%

(1.1%)

Six ASEAN nations

2.91

10.1%

(13.8%)

6.56

9.4%

(13.9%)

Source: MOEA, compiled by Digitimes, March 2019



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