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Export orders rise to an all-time high of US$22 billion in month of August

Export orders last month rose to an all-time high of US$22.15 billion from US$20.15 billion in July, the Ministry of Economic Affairs said yesterday.

The August figure marks a 22.65 percent increase year-on-year, compared with an 8.71 percent rise in the preceding month, the ministry said.

In the first eight months of the year, export orders totaled US$158.81 billion, up 16.94 percent from a year earlier, it added.

"The bottoming out of global electronics demand and a weaker NT dollar helped boost the nation's overseas sales," Chang Yaw-tzong (張耀宗), the ministry's statistics chief, said at a press briefing . "Taiwan's export orders may set another record in September or October."

Export orders for information technology and communications products amounted to US$4.25 billion, up 37.24 percent from a year earlier, the ministry said.

Orders for electronics products reached US$5.14 billion, up 25.91 percent year-on-year, while textile orders rose 12.43 percent year-on-year to US$1.24 billion.

The United States registered the biggest amount of export orders in August of US$5.98 billion, up 9.79 percent from a year earlier.

Orders from Hong Kong in August rose 30.24 percent year-on-year to US$5.46 billion, while those from Japan increased 45.50 percent to US$2.42 billion.

Orders from Europe amounted to US$3.40 billion, up by 23.63 percent from a year earlier.
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