Taiwan Export Growth Tops Expectations

Exports from Taiwan surged 40.3% year-on-year to USD 74.8 billion in June 2026, slowing from a 51.7% jump in May and falling short of market expectations for a 48.6% increase. Despite the moderation, export growth remained robust, underpinned by strong global demand for semiconductors and electronic products. Among major export categories, shipments of information, communication and audio-video products continued to lead gains (72.3%), followed by parts of electronic products (32.8%), machinery (14.8%), and mineral products (20.0%). By contrast, exports of base metals and related products declined (-1.3%). Exports to all major trading partners posted solid growth, with particularly strong increases to the US (34.8%), Mainland China and Hong Kong (22.2%), ASEAN economies (47.1%), Europe (48.4%), Japan (17.7%), and South Korea (31.8%). For the first half of 2026, Taiwan's total exports reached USD 416.7 billion, marking a 47.1% increase from the same period a year earlier.

Exports from Taiwan surged 51.7% year-on-year to USD 78.5 billion in May 2026, accelerating from 39% in the previous period and comfortably surpassing market expectations of 37.9%. Shipments were broadly strong across key export categories, particularly information, communication and audio-video products (75.2%), electronic product parts (56%), machinery (22.7%), base metals and articles of base metals (1.6%), and electrical machinery products (33.4%). All major trading partners recorded solid gains, including the US (47.9%), Mainland China and Hong Kong (35.4%), ASEAN countries (90.8%), Europe (40.3%), Japan (32.3%), and Korea (43.3%). For the first five months of the year, total exports reached USD 341.8 billion, a 48.7% increase compared to the same period a year earlier.

Exports from Taiwan climbed by 39% year-on-year to USD 67.62 billion in April 2026, slowing sharply from a 61.8% surge and falling well below market expectations of a 55% increase. Still, export growth remained solid, supported by sustained global demand for semiconductors and electronics, which helped offset disruptions linked to the Middle East conflict. By sector, exports continued to be led by information, communication and audio-video products (62.3%), followed by electronic parts (38.9%) and machinery (12.9%). In contrast, shipments of base metals and articles of base metals (-0.4%) and chemicals (-4.3%) declined. All major trading partners saw increased exports, namely the US (63.8%), Mainland China and Hong Kong (15.8%), ASEAN (36.8%), Europe (64.2%), Japan (28.4%), and South Korea (39.3%). For the January–April period, total exports reached USD 263.35 billion, up 47.8% compared with the same period in the previous year.