Taiwan-based makers received export orders totaling US$60.55 billion in December 2020, hitting a monthly record for the fourth consecutive month with increases of 4.8% sequentially and 38.3% on year, according to the Ministry of Economic Affairs (MOEA).
Makers' overseas production took up 54.9% of the total.
IT/communication and electronic products were the top two export categories in December, the former generating monthly record of US$19.29 billion and the latter US$19.21 billion.
Export orders totaled US$169.92 billion in fourth-quarter 2020, the highest-ever quarterly level with growths of 20.4% sequentially and 25.3% on year, while US$533.66 billion for the whole year hit annual record, rising 10.1% on year.
MOEA: Taiwan's main export markets, December 2020 (US$b) | ||||||
Market | Dec 2020 | 2020 | ||||
Amount | Proportion of total | Y/Y | Amount | Proportion of total | Y/Y | |
US | 17.85 | 29.5% | 40.5% | 161.62 | 30.3% | 15.2% |
China plus HK | 16.03 | 26.5% | 54.3% | 137.66 | 25.8% | 15.6% |
Europe | 13.51 | 22.3% | 35.0% | 108.89 | 20.4% | 11.1% |
Japan | 3.09 | 5.1% | 31.2% | 28.57 | 5.4% | 1.9% |
Six ASEAN countries | 4.81 | 7.9% | 31.3% | 46.49 | 8.7% | 5.5% |
Source: MOEA, compiled by Digitimes, January 2021
