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Taiwan recorded a total export value of US$37.45 billion for February 2022, decreasing 6.3% on month but increasing 34.8% on year, while the corresponding total import value of US$31.64 billion declined 9.8% on month but rose 35.3% on year, according to the Ministry of Finance (MOF) on March 8.
Among different categories of Taiwan-made products, electronic components had the largest export value of US$15.732 billion in February, slipping 1.1% on month but growing 46.5% on year. In particular, ICs took up 92.1% of the export value.
The total export value of US$77.43 billion and the total import value of US$66.70 billion for January-February rose 24.8% and 29.4% respectively on year.
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MOF: Taiwan's main export markets and export values (US$m) |
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|
Export market |
February 2022 |
January-February 2022 |
||||
|
Export value |
Proportion of total value |
Trade balance |
Export value |
Proportion of total value |
Trade balance |
|
|
China plus Hong Kong |
17,761 |
42.1% |
9,923 |
31,457 |
40.6% |
17,546 |
|
Six ASEAN countries together |
6,360 |
17.0% |
2,319 |
13,154 |
17.0% |
5,061 |
|
US |
5,488 |
14.7% |
2,033 |
11,758 |
15.2% |
4,665 |
|
Europe |
3,062 |
8.2% |
(626) |
6,582 |
8.5% |
(1,027) |
|
Japan |
2,308 |
6.2% |
(2,458) |
4,972 |
6.4% |
(4,021) |
Source: MOF, compiled by Digitimes, March 2022
By DIGITIMES
