BMI View: Taiwan's economy is currently contracting amid a flurry of headwinds, namely ongoing
weakness in the Chinese economy and cooled cross-Strait relations. Indeed, as China remains Taiwan's key
trade partner, the health of the country's economy and its freight m ..."
BMI View: Taiwan's economy is likely to face continued headwinds as export orders and industrial
production will remain firmly in contraction territory, which will drag on the country's freight transport
sector. With China's economy continuing to slow and global growt ..."
BMI View: Taiwan's freight transport sector will continue to be affected by the slowdown in the Chinese
economy in 2016. Taiwanese exports will feel the headwinds from China as well as the relative strength of
the TWD compared to the KRW. Air freight will continue its ..."
BMI View: Taiwan's freight transport sector is set to struggle in 2015, on the back of continued export
headwinds from a slowing Chinese economy. Air freight is set to be the outperforming sector in terms of
tonnage, with annual gains of 4.08% forecast for the year. R ..."
BMI View: Over 2015, the outperforming freight mode in terms of year-on-year (y-o-y) tonnage growth is
set to be the air freight sector with annual gains of 4.08% pencilled in for the year. The other modes are set
to struggle to top 1% y-o-y growth this year, but this ..."
BMI View: We maintain our real GDP growth forecast of 3.5% for 2015, the same rate of growth seen in
2014, amid a fairly positive domestic outlook. However, we note that a challenging external environment
will continue to present headwinds to Taiwanese exports, which ..."
Modest Freight Growth Expected In 2015
We expect low single-digit growth in percentage terms for all freight modes in Taiwan in 2015. Leading the
way in terms of year-on-year (y-o-y) growth will be air freight (+2.5%), while the poorest performing mode
will be b ..."
Despite Taiwan's better than expected Q2 2014 GDP growth figures on the back of strong export orders and
increased domestic investment, we maintain our 2014 GDP forecast at 3.1%. We expect growth to pick up
to 4.1% in 2015, but note that structural headwinds will cont ..."
Taiwan's economy slowed in Q1 2014 likely on the back of a moderating expansion in private consumption
and exports, which informs our freight forecasts for the year. While we remain fairly constructive on
Taiwan's trade prospects in the near term, we do not believe th ..."
Taiwan's economy grew strongly in Q4 2013, with real GDP growth printing a seasonally-adjusted 2.4%
quarter-on-quarter (q-o-q), accelerating sharply from 0.3% in Q3 2013. On an annual basis, real GDP
growth expanded 2.9% compared to 1.7% during the same period, strong ..."