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Taiwan's exports totaled US$33 billion in December 2020, the highest-ever monthly level with 3.16% on-month and 12.0% on-year growths, according to the Ministry of Finance (MOF).
Imports totaled US$27.24 billion, hitting a monthly record and rising 1.9% sequentially and 0.9% on year,
Of the Taiwan-made products, electronic components had the highest export value of US$12.755 billion in December, increasing 0.9% sequentially and 22.2% on year, with ICs taking up 89.8%.
Exports totaled US$97.21 billion for fourth-quarter 2020, the highest-ever quarterly level with growth of 11.7% on year, while imports reached US$78.72 billion in the quarter, rising 3.2% on year.
Exports of US$345.28 billion and imports of US$286.49 billion for 2020 rose 4.9% and 0.3% respectively on year, the former being the highest-ever annual level.
|
MOF: Taiwan's main export markets, 2020 (US$m) |
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|
Export market |
Dec 2020 |
2020 |
||||
|
Exports |
Proportion of total |
Trade balance |
Exports |
Proportion of total |
Trade balance |
|
|
China plus HK |
14,716 |
44.6% |
8,353 |
151,452 |
43.9% |
86,673 |
|
Six ASEAN countries |
5,186 |
15.7% |
1,966 |
53,239 |
15.4% |
17,337 |
|
US |
4,521 |
13.7% |
1,547 |
50,554 |
14.6% |
17,941 |
|
Europe |
2,891 |
8.8% |
(1,169) |
28,171 |
8.2% |
(8,662) |
|
Japan |
2,030 |
6.2% |
(2,347) |
23,402 |
6.8% |
(22,497) |
Source: MOF, compiled by Digitimes, January 2021
By DIGITIMES
