CONNECT WITH US

Taiwan February export down on month, says MOEA

Adam Hwang, DIGITIMES, Taipei 0

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