Taiwan's export orders set new high in 2013
Central News Agency
2014-01-20 11:24 PM
Taipei, Jan. 20 (CNA) Taiwan's export orders set new highs in December 2013 and for the year as a whole, according to statistics released Monday by the Ministry of Economic Affairs. Export orders in 2013 grew 0.4 percent to US$442.93 billion, the highest ever, and orders in December grew 7.4 percent from a year earlier to total US$42.31 billion, setting a single-month record. The December surge was helped by the economic recovery in Europe and the United States, along with the launch of new tablet computer and smartphone products. Dramatic increases were seen in export orders in the supply chains of such sectors as OEM contracting, wafer foundry and chips, and optical lenses, the ministry said. Export orders received from several major areas -- the United States, Europe, China and Hong Kong, and the six main countries of the Association of Southeast Asian Nations (Indonesia, Malaysia, the Philippines, Singapore, Thailand and Brunei) -- also set new highs for the year. But export orders received from Japan fell 8.3 percent from the previous year to US$37.04 billion. Lin Li-chen, director of the ministry's Statistics Department, attributed the decline in orders received from Japan to lower demand for computers and LCD TVs. Export orders received from Japan registered positive growth in November and December, but the gains could not offset the decline posted in the first half of 2013. Export orders from the United States grew 6.5 percent to US$10.63 billion in December, the second highest ever from the U.S. in a single month. It was also the fourth consecutive month in which they surpassed orders received from China and Hong Kong. For the year as a whole, Taiwan received US$110.55 billion in export orders from the U.S., up 3.1 percent year-on-year. Lin said export orders received from China and Hong Kong rose 6.9 percent year-on-year to US$10.14 billion in December and grew 1 percent for all of 2013 to US$113.04 billion. As for Europe, Lin said the continent's recovering economy and brisk sales of mobile devices helped export orders grow for the fifth consecutive month in December to US$9.51 billion, the highest ever for a single month. They totaled US$81.73 billion, also a new high, for 2013 as a whole. Export orders received from the six ASEAN countries grew 4.8 percent from a year earlier in December to US$4.31 billion, ending three consecutive months of negative growth. For all of 2013, orders from the Southeast Asian countries rose 2.2 percent annually to US$49.21 billion, a record high. Though orders were generally higher across the board, the growth's impact on Taiwan's domestic economy was limited because the percentage of export orders produced abroad grew in 2013 to 51.5 percent, from 50.9 percent the previous year. In particular, the percentage of overseas production of information and communications products rose to a record high of 87.3 percent. (By Huang Chiao-wen and Lilian Wu)
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