Taipei  - Taiwan posted yet another record slump of 41.67 per cent in export orders in January, as deteriorating global economic conditions further eroded overseas demands, the Ministry of Economic Affairs said Tuesday.

In January, the island received orders worth just 17.68 billion US dollars, down 41.67 per cent year-on-year, following a 33-per-cent decline in December, the ministry said in a statement.

Among Taiwan's export markets, orders from China and Hong Kong - Taiwan's top export destinations - fell a record 54.71 per cent year-on-year to 3.66 billion US dollars.

Orders from the US - Taiwan's second largest export destination - also posted a record decline of 36.75 per cent year-on-year to 4.56 billion US dollars, according to the statement. (dpa)