Taiwan’s export sector reached a historic milestone in March, posting its highest monthly total to date a strong signal of resilience and vitality in global trade flows.
According to the Ministry of Finance, Taiwan’s exports soared by 18.6% year-on-year to an impressive $45.97 billion, surpassing market expectations and marking the 17th straight month of growth. This milestone reflects the country’s strategic role in global supply chains and its consistent performance in meeting international demand.
A key factor behind the record growth was heightened global interest in Taiwan’s high-value products, particularly in the artificial intelligence and semiconductor sectors. Proactive procurement by international buyers ahead of anticipated U.S. trade measures also contributed to the surge, reinforcing Taiwan’s position as a dependable trading partner.
Exports to major markets remained robust, with shipments to the United States increasing by 39.9% year-on-year, while exports to China grew by 12.6%. These figures underscore Taiwan’s strong and diversified trade relationships.
The electronic components sector, a cornerstone of Taiwan’s export economy, recorded a 19.3% rise, including a 20.6% jump in semiconductor exports. This continued growth highlights the country’s pivotal role in powering digital transformation across industries worldwide.
Imports also reflected positive trade activity, rising 28.8% to $42.62 billion, indicating strong domestic production needs and sustained economic momentum.
Looking ahead, Taiwan’s finance ministry remains optimistic, forecasting steady export performance in April, with a projected growth range of up to 5%. As global markets continue to evolve, Taiwan’s export strength serves as a valuable anchor for trade stability and innovation-driven growth.
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