Taiwan November export value down on month, up on year

Adam Hwang, DIGITIMES, Taipei [Monday 10 December 2012]

Taiwan recorded a total export value of US$24.89 billion in November 2012, decreasing 6.2% on month but increasing 0.9% on year, while the corresponding total import value of US$21.49 billion slipped 0.9% on month but rose 0.1% on year, according to statistics released by the Ministry of Finance (MOF) on December 7.

Among different categories of Taiwan-made products, electronics had the largest export value at US$7.137 billion in November, dipping 1.9% on month but growing 7.4% on year.

January-November total export value of US$275.01 billion and total import value of US$248.76 billion dropped on year by 3.3% and 4.3% respectively.

Taiwan main export markets and export values, November 2012 (US$m)
Export market	November 2012			January-November 2012
	Export value	Proportion of total value	Trade balance*	Export value	Proportion of total value	Trade balance*
China plus Hong Kong	9,947	40.0%	6,387	108,190	39.3%	68,409
US	2,700	10.8%	974	30,283	11.0%	8,766
Europe	2,147	8.6%	-237	26,093	9.5%	449
Japan	1,696	6.8%	-1,791	17,201	6.3%	-26,524

* Export value minus import value
Source: MOF, compiled by Digitimes, December 2012