Taiwan export orders hit 11-month high in September

Taiwan received export orders worth US$30.837 billion in September 2009, the highest since November 2008. The value represents a 9.01% sequential increase but a 3% on-year decrease, according to statistics released by the Ministry of Economic Affairs (MOEA) on October 23.

Electronic and IT/communications products were the top two categories in terms of value, with the former generating US$7.716 billion in September and US$55.365 billion in January-September and the latter US$7.695 billion and US$54.218 billion respectively.

The export order value for January-September totaled US$227.701 billion, down 18.01% on year.

MOEA also released statistics on Taiwan's industrial production (manufacturing, quarry & mining, construction, electricity/gas/water supply industries) indexes, with September production value rising by 4.91% on month and by 1.01% on year and January-September value dropping by 18.05% on year.

MOEA: Taiwan export orders, September and January-September 2009 (US$b)

Market
September
January-September

Value
Proportion
Y/Y
Value
Proportion
Y/Y

China (including Hong Kong)
8.262
26.79%
9.44%
61.435
26.98%
(4.96%)

US
6.606
21.42%
(10.60%)
51.833
22.76%
(18.99%)

Europe
5.708
18.51%
(13.44%)
40.131
17.62%
(20.89%)

Japan
3.574
11.59%
(3.56%)
23.266
10.22%
(17.27%)