Taiwan Sees Strong Demand for Consumer Electronic Products

Export orders jump 26.1%

Taiwanese export orders hit a historical high of $406.72 billion in 2010 on strong demand for computers, smartphones and other consumer electronic products, the government said on Jan. 20.

The amount marked an increase of 26.1% over the previous year.

"With the global financial crisis easing and the world's economies starting to recover from the fourth quarter of 2009, the value of export orders hit a historical high," it said.

Last year the tech-savvy island received $100.6 billion worth of orders for IT and telecommunication products, up 26.8% year-on-year, as well as $99.4 billion worth of electronic products, up 27%.

In December alone, the value of export orders also hit a monthly record $36.6 billion, up $4.8 billion, or an increase of 15.3% year-on-year.

Orders from China, the island's leading trade partner, for the first time broke the $100 billion-level to reach $109.1 billion for the full year of 2010. The figure represented growth of 27.2% year-on-year.

Orders from the United States increased 18.8% to $86.7 billion while those from Europe rose 24.7% to $71.7 billion as electronic product demand from the two regions gained momentum from the second half of last year.

Copyright Agence France-Presse, 2011

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