Taiwan Industrial Output Hits Near 16-Year High

Industrial production in Taiwan surged by 28.68% year-on-year in March 2026, picking up from a downwardly revised and four-month low of 16.63% in the previous month. This marked the strongest growth since May 2010, as manufacturing output soared to 30.73% from 18.43% in February, driven by stronger production in electronic parts and components (27.87% vs 23.9%) and computers, electronic and optical products (146.32% vs 111.23%), along with rebounds in fabricated metal products (1.39% vs -18.22%) and machinery and equipment (-7.48% vs -8.7%). Overall industrial output was also supported by milder contractions in mining and quarrying (-10.56% vs -14.32%), electricity and gas supply (-1.77% vs -10.17%), and water supply (-0.12% vs -0.47%). On a monthly basis, industrial production eased notably to 1.62% in March 2026, from an upwardly revised 4.6% gain in the previous month.

Industrial production in Taiwan grew 17.83% year-on-year in February 2026, slowing from a downwardly revised and near sixteen-year high of 27.88% in the previous month. This marked the weakest annual growth since October 2025, as manufacturing output eased to 19.64% from 29.7% in the previous month, led by the manufacture of computers, electronic, and optical products (112.88% vs 136.2%) despite stronger expansion in the manufacture of electronic parts and components (25.2% vs 24.71%). Production in mining and quarrying slipped to 14.94% from an 8.04% rise in the prior month, while output for electricity and gas supply continued to fall sharply (-10.27% vs -0.74%). Meanwhile, water supply output declined at a softer pace (-0.47% vs -0.82%). On a seasonally adjusted monthly basis, industrial output climbed 3.47% in February, rebounding from an upwardly revised 0.58% drop in January.

Industrial production in Taiwan surged 28.51% year-on-year in January 2026, accelerating from an upwardly revised 23.08% increase in the previous month. This marked the strongest growth since May 2010, driven largely by manufacturing (30.05% vs 24.58% in December), particularly in electronic parts and components (25.21% vs 17.52%), integrated circuits (25.98% vs 18.3%), basic metals (4.88% vs -9.2%), and fabricated metal products (14.19% vs -0.94%). Overall industrial production was also supported by higher output in mining and quarrying (7.2% vs 0.37%) and a softer decline in electricity and gas supply (1.46% vs -3.85%). In contrast, output fell for water supply (-0.29% vs 0.15%). On a seasonally adjusted monthly basis, industrial output declined 0.08%, reversing a 3.61% gain in December.