Taiwan Exports Hit Fresh Record in October
2026-11-09 08:18
By
Judith Sib-at
1 min. read
Taiwan’s exports increased 58.9% year-on-year to a new record USD 96.76 billion in October 2026, following a 60.9% jump in September and surpassing market forecasts of 50% growth.
Export growth continued to be supported by strong demand for AI-related hardware.
Shipments increased across major product categories, including information, communication and audio-video products (72.9%), parts of electronic products (61.4%), machinery (35.5%), base metals and articles of base metal (35.7%), and chemicals (23.7%).
The US remained Taiwan’s largest export destination, accounting for 34% of total exports, with shipments to the country rising 55.9%.
Exports also grew to Mainland China and Hong Kong (42.9%), ASEAN (83.3%), Europe (46.0%), South Korea (50.2%), and Japan (49.6%).
In the first ten months of the year, total exports reached USD 758.29 billion, up 47.7% from the corresponding period a year earlier.