Taiwan New Orders

Orders for Taiwanese exports soared by 31.1% year-on-year to USD 49.5 billion in February 2025, easily exceeding market expectations of 21.7% growth and rebounding sharply from a 3% fall in the previous month. Export orders recovered notably for chemicals (6.7% vs -19% in January), plastics and articles and rubber thereof (6.8% vs -20.5%), textile products (19.5% vs -6.9%), basic metals and articles thereof (3.2% vs -21.7%), machinery (13.4% vs -4.7%), electrical machinery products (28.8% vs -0.2%), information and communication products (31.8% vs -13.3%), and optical, photographic, and cinematographic apparatus (16.6% vs -0.3%). Meanwhile, export orders fell for mineral products (-4.8% vs 9.3%), while growth slowed significantly for transport equipment (15.1% vs 128.3%). Among key trade partners, demand increased most in ASEAN countries (55%), followed by the USA (32.2%) and Japan (29.4%).