Taiwan Export Orders Growth Misses Forecasts âšī¸
Taiwanese export orders grew by 3.3% year-on-year in November 2024, slowing from the previous month and missing market expectations, with declines in basic metals, chemicals, and information and communication products, while orders rebounded for optical and photographic equipment and increased at a faster pace for machinery.
The article indicates a slowdown in Taiwanese export growth, which could have a moderate impact on the investment portfolio. While some sectors like basic metals, chemicals, and information and communication products saw declines, others like optical and photographic equipment, and machinery saw improvements. The overall impact is likely to be neutral, as the portfolio is diversified across different sectors and geographies.