Taiwan export orders growth 結果共5筆

Taiwan’s Electric Prosperity Index for August shows a rise in economic activity, driven by AI and high-performance computing. Industrial electricity demand hit a two-year high.

Discover how Taiwan is boosting its SMEs with a NT$10.5 billion digital transformation budget, announced by Premier Cho Jung-tai at ＂Intelligent Asia 2024.＂ Learn about the nation’s focus on robotics, economic growth through AI, and plans to become Asia’s asset management center.

Foreign investors are showing renewed interest in Asian stocks, particularly in Taiwan, according to a report released on December 25. In the week of December 18 to 22, foreign funds flowed back into Asian stocks, with the Taiwan Stock Exchange attracting NT＄643 million. South Korea also saw an influx of NT＄602 million. South Korean stocks performed the best, increasing by 1.4%, followed closely by Thailand with a 1.01% increase. Indonesia, the Philippines, and Vietnam also experienced positive growth. However, Taiwan’s stocks unexpectedly fell by 0.44%, despite being favored by foreign investors. India’s stock market also dropped by 0.53% for the week. In terms of overall performance in 2023, Taiwan’s stocks related to the AI supply chain surged 24.47%, surpassing the gains made by India (16.87%) and South Korea (16.24%). Looking ahead, PGIM noted that Taiwan’s industry has already hit bottom, with November’s export orders totaling US＄50.63 billion, driven by emerging technologies such as high-performance computing and artificial intelligence.

Taiwan’s export orders in November reached US$50.6 billion, showing a 1% year-on-year growth after 14 consecutive months of decline, according to the Ministry of Economic Affairs’ Department of Statistics. However, export orders decreased by US$2.24 billion, or 4.2%, from October, with a seasonal-adjusted decrease of 5.4%. Notably, information and communication equipment orders increased by 10% annually to reach US$16.2 billion, ending nine months of negative growth. Electronic product orders also saw a 3.5% annual increase, amounting to US$17.8 billion and ending a 12-month downturn. Despite these positive developments, the overall export orders from January to November showed a decrease of US$97.38 billion, or 15.8%, compared to the previous year.

Taiwan’s government has dismissed reports of a recession, citing an average annual economic growth rate of 3.4% from 2016 to 2022, surpassing the global average. Despite declining export orders, Taiwan achieved record-breaking exports of $479.4 billion last year and outperformed other Asian economies, according to Executive Yuan spokesperson Lin Tze-luen.