The S&P Global Taiwan Manufacturing PMI rose to 56.1 in May 2026 from 55.3 in April, signaling the strongest expansion since August 2021. The increase was driven by the steepest rise in output since July 2021, supported by stronger demand and stockpiling efforts amid supply disruptions linked to the Middle East conflict. New orders expanded at a joint-fastest pace since July 2021, while export orders continued to rise on stronger demand from the US, Europe, Japan, and China. Purchasing activity increased at the second-fastest rate since November 2021, while supplier delivery times deteriorated the most since March 2022 due to shipping delays and material shortages. Backlogs of work rose sharply, though employment was broadly unchanged. Input cost inflation remained among the strongest on record, prompting firms to raise selling prices further. Meanwhile, business optimism climbed to a two-year high, supported by expectations of stronger demand from the electronics and AI sectors. source: S&P Global

Manufacturing PMI in Taiwan increased to 56.10 points in May from 55.30 points in April of 2026. Manufacturing PMI in Taiwan averaged 51.01 points from 2011 until 2026, reaching an all time high of 62.40 points in April of 2021 and a record low of 41.50 points in October of 2022. This page provides the latest reported value for - Taiwan Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Manufacturing PMI in Taiwan increased to 56.10 points in May from 55.30 points in April of 2026. Manufacturing PMI in Taiwan is expected to be 55.50 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Taiwan Manufacturing PMI is projected to trend around 52.50 points in 2027 and 51.90 points in 2028, according to our econometric models.



Related Last Previous Unit Reference
Bankruptcies 2294.00 2323.00 Companies Apr 2026
Car Production 18025.00 19299.00 Units May 2026
Total Car Registrations 23398.00 23403.00 Thousand Apr 2026
Cement Production 738.10 603.28 Thousands of Tonnes Mar 2026
Changes in Inventories -22077.00 -89613.00 TWD Million Mar 2026
Coincident Index 134.36 130.52 points Mar 2026
Corruption Index 68.00 67.00 Points Dec 2025
Corruption Rank 24.00 25.00 Dec 2025
Industrial Production YoY 14.16 26.12 percent Apr 2026
Industrial Production Mom 0.45 0.02 percent Apr 2026
Leading Economic Index 129.79 127.51 points Apr 2026
Manufacturing Production 15.13 28.03 percent Apr 2026
Mining Production -9.42 -9.69 percent Apr 2026
Export Orders YoY 87449.00 91125.00 USD Million Apr 2026


Taiwan Manufacturing PMI
The IHS Markit Taiwan Manufacturing Purchasing Managers’ Index measures the performance of the manufacturing sector and is derived from a survey of 300 industrial companies. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), EmploySuppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This is only a limited sample of PMI headline data displayed on the Customer’s service, under licence from S&P Global. Full historic PMI headline data and all other PMI sub-index data and histories are available on subscription from S&P Global. Contact economics@spglobal.com for more details.

News Stream
Taiwan Factory Growth Steepest Since 2021
The S&P Global Taiwan Manufacturing PMI rose to 56.1 in May 2026 from 55.3 in April, signaling the strongest expansion since August 2021. The increase was driven by the steepest rise in output since July 2021, supported by stronger demand and stockpiling efforts amid supply disruptions linked to the Middle East conflict. New orders expanded at a joint-fastest pace since July 2021, while export orders continued to rise on stronger demand from the US, Europe, Japan, and China. Purchasing activity increased at the second-fastest rate since November 2021, while supplier delivery times deteriorated the most since March 2022 due to shipping delays and material shortages. Backlogs of work rose sharply, though employment was broadly unchanged. Input cost inflation remained among the strongest on record, prompting firms to raise selling prices further. Meanwhile, business optimism climbed to a two-year high, supported by expectations of stronger demand from the electronics and AI sectors.
2026-06-01
Taiwan Manufacturing Growth Strongest Since 2021
The S&P Global Taiwan Manufacturing PMI increased to 55.3 in April 2026 from 53.3 in March, marking the fifth consecutive month of expansion in the sector. The latest reading also marked the fastest growth in factory activity since December 2021, supported by a faster rise in output and new orders. Total new business increased at the second-sharpest pace since July 2021, while new export orders rose at the second-fastest pace since early 2022. Although output and sales continued to rise, firms recorded a further decline in staffing levels, with job losses remaining marginal. Supplier performance deteriorated further due to disruptions. On prices, input cost inflation accelerated to the fastest pace since the survey began 22 years ago amid supplier price hikes. As a result, selling prices rose more quickly as firms passed on higher costs to clients. Finally, sentiment weakened to a three-month low as firms remained cautious about their forecasts amid the Middle East conflict.
2026-05-04
Taiwan Manufacturing Growth Slows
The S&P Global Taiwan Manufacturing PMI fell to 53.3 in March 2026 from 55.2 in February, signaling a slower yet still solid improvement in the sector. Output and new orders rose at softer rates, though both remained above long-term averages, supported by strong domestic and overseas demand, particularly for semiconductors and AI-related products. New export business also expanded at a solid pace. Purchasing activity increased for the fourth month, while stocks of purchases rose modestly. Meanwhile, rising input costs from higher raw material and energy prices amid the war in the Middle East drove the sharpest increase in output charges since June 2022. Supplier performance deteriorated at the fastest pace since May 2022, while employment fell marginally for the first time in three months. Despite these pressures, manufacturers remained optimistic, with sentiment near February’s 21-month high, reflecting expectations of continued strong global demand over the next year.
2026-04-01