Taiwan's exports in October surged 49.7 per cent year-on-year to USD 61.8 billion, a record monthly high, driven by strong global demand for artificial intelligence technologies (AI), according to Focus Taiwan.
Taiwan's export momentum is projected to decelerate in the latter half of 2025, following a strong performance earlier in the year, according to the Taiwan Ministry of Economic Affairs. The anticipated slowdown is largely attributed to upcoming U.S. tariff increases, as reported by Focus Tai
In June, Taiwan's exports marked a new monthly high to USD 53.32 billion level, marking the 20th consecutive month of growth and a 33.7 per cent rise year-on-year, as reported by the Focus Taiwan.
Taiwan's export orders in May reached a record high for the month, boosted by continuously expanding global demand for artificial intelligence (AI) applications, said the Korea's Ministry of Economic Affairs (MOEA), as reported by The Korea Herald.
The latest round of in-person negotiating as part of the US-Taiwan Initiative on 21st Century Trade began in Taipei on Monday morning at the Office of Trade Negotiations (OTN), which is part of the Executive Yuan, in Taipei.