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Export orders reach record high level

Export orders hit a new high for a single month at US$26.21 billion last month, up 18.34 percent over the same month last year on increased demand from the US, Europe and Asia, according to tallies released yesterday by the Ministry of Economic Affairs.

Last month's figure represents an 8.89 percent increase from the previous month, the ministry said.

In the first eight months of the year, export orders, indicative of actual shipments in one to three months, amounted to US$191.79 billion, up 20.77 percent from the same period a year earlier, the ministry added.

Last month, orders from the US rose 15.94 percent to US$6.93 billion after climbing 17.1 percent in July, the ministry said. Those from Hong Kong and China jumped 28.57 percent to US$7.02 billion, compared with a 31.5 percent increase in July.

Export orders from Japan rose 9.98 percent to US$2.67 billion and European orders advanced 18.37 percent to US$4.02 billion.

Orders for electronics products jumped 22.87 percent to US$6.31 billion, picking up from 19.9 percent growth the previous month. Taiwan also reported a 10.16 percent increase in orders for information technology products, to US$4.69 billion.

Meanwhile, the ministry said industrial output last month was up 4.55 percent from July and up 4.75 percent year-on-year. In the first eight months of the year, industrial output rose 7.15 percent.
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