Taiwan ’s export orders in June have a negative growth for 10 consecutive months

Affected by the high inflation and the interest rate hike cycle, Taiwan's export orders in June have been negatively increased for 10 consecutive months.

According to the Taiwan Economic Daily report, the Statistics Department of the Taiwan Ministry of Economic Affairs announced on Thursday (July 20) that the amount of export orders in June was 44.18 billion US dollars (the same below, about 58.622 billion yuan), a year -on -year plummeted 24.9%It has experienced negative growth for 10 consecutive months; the cumulative export order amount in the first half of the year was 268.57 billion US dollars, a year -on -year decline of 20.8%, the largest decline in 13 years.

The Statistics Department predicts that the export orders in July will not improve, the amount will be US $ 43 billion to $ 45 billion, a year -on -year decrease of 17.1%to 20.7%, and it may occur negative growth for 11 consecutive months.

From the perspective of the specific export market, the total number of orders for the four major export markets in Taiwan has shown negative growth. Among them, the United States is US $ 14.26 billion, a year -on -year decrease of 23.6%.The market fell by 20%year -on -year, and the European market fell the largest, exceeding 44%.

Director Huang Yuling of the Statistics Department of the Taiwan Ministry of Economic Affairs admits that the annual decrease in each product has grown negatively, and the overall demand is still weak.However, the demand for strong artificial intelligence applications in individual products, high demand for vehicle chips and high -efficiency computing chips still support the kinetic energy of the export market.

Huang Yuling said that although the performance of export orders is currently looking at the inventory speed and global terminal demand, it is difficult to lock which specific monthly prosperity will improve, but it is still optimistic about the third quarter to enter the e -product season.The seasonal stocking effect will occur, and it is expected that the performance of export orders will gradually improve.