Taiwan-based makers saw their combined export value amount to US$42.59 billion in February 2021, decreasing 19.2% on month but increasing 48.5% on year, according to statistics released by the Ministry of Economic Affairs (MOEA).
Taiwanese makers' overseas production took up 49.1% of the value.
Electronic products and IT/communication products were the top-2 categories in terms of export value for February, with the former generating US$13.44 billion and the latter US$11.39 billion.
The export value for the first two month of 2021 were US$95.31 billion, up 49% on year.
MOEA: Taiwan export by market, February 2021 (US$b) | ||||||
Market | February 2021 | January-February 2021 | ||||
Amount | Proportion of total | Y/Y | Amount | Proportion of total | Y/Y | |
US | 12.21 | 28.7% | 50.2% | 27.02 | 28.3% | 49.9% |
China plus Hong Kong | 10.91 | 25.6% | 48.6% | 25.00 | 26.2% | 55.7% |
Europe | 8.65 | 20.3% | 73.4% | 20.09 | 21.1% | 61.7% |
Japan | 2.23 | 5.2% | 45.3% | 5.16 | 5.4% | 49.2% |
Six ASEAN countries together | 4.10 | 9.6% | 33.2% | 8.60 | 9.0% | 37.1% |
Source: MOEA, compiled by Digitimes, March 2021