Taiwan's export orders performed well in February
Taiwan's export order totaled US$42.59 billion in February, with an YOY increase of 48.5%. The export order is estimated to grow even more by US$54.5 ~ US$56 billion in March, according to the ministry.
MM analysis
ICT ( +88.4% ), electronic products ( +52.4% ) and optical equipment industries ( +59.4% ) became the main driving force, drove up huge amount of demand.
Export regions mainly comes from the US ( +50.2% ), China & Hong Kong ( +48.6% ), and Europe ( +73.4% ), implying strong inventory replenishment demand by companies and overall a strong economic rebounds!
MM analysis
ICT ( +88.4% ), electronic products ( +52.4% ) and optical equipment industries ( +59.4% ) became the main driving force, drove up huge amount of demand.
Export regions mainly comes from the US ( +50.2% ), China & Hong Kong ( +48.6% ), and Europe ( +73.4% ), implying strong inventory replenishment demand by companies and overall a strong economic rebounds!