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Taiwan September exports hit record

Taiwan recorded exports totaling US$39.65 in September 2021, hitting a monthly record for the third consecutive time with growth of 0.3% sequentially and 29.2% year-on-year, while the corresponding imports reached US$33.21 billion, the second highest-ever monthly figure which slipped 8.0% sequentially but rose 40.4% year-on-year, according to the Ministry of Finance (MOF).

Among different categories of Taiwan-made products, electronic components had the largest export value of US$16.581 billion in September, increasing 9.0% on month and 26.8% on year, with ICs taking up 91.1% of the value.

Exports totaled US$117.15 billion and imports US$101.31 billion in third-quarter 2021, growing 30.7% and 42.5% respectively year-on-year. Exports reached US$324.07 billion and imports US$276.39 billion in January-September, rising 30.7% and 33.3% respectively on year.

 

MOF: Taiwan's main export markets, September 2021 (US$m)

Export market

Sep 2021

Jan-Sep 2021

Exports

Proportion of total

Trade balance

Exports

Proportion of total

Trade balance

China plus HK

17,488

44.1%

10,025

138,461

42.7%

77,296

Six ASEAN countries

5,672

14.3%

1,392

51,455

15.9%

16,972

US

6,008

15.2%

2,797

47,033

14.5%

17,935

Europe

3,200

8.1%

(985)

27,526

8.5%

(6,435)

Japan

2,603

6.6%

(2,052)

21,240

6.6%

(20,214)

Source: MOF, compiled by DIGITIMES, October 2021

By DIGITIMES

Link:https://www.digitimes.com/news/a20211008PR200.html

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