AI drives exports to near record high - Taipei Times

RECORD SETTING:

Exports are at their all-time second-highest monthly amount, while imports are at their all-time high, driven by AI, the finance ministry said

By Crystal Hsu / Staff reporter

Taiwan’s exports jumped 51.7 percent year-on-year to US$78.48 billion last month, the second-highest monthly figure on record, while imports climbed to an all-time high of US$60.57 billion, up 54.9 percent annually, the Ministry of Finance said yesterday.As a result, Taiwan’s trade surplus was up 41.8 percent to US$17.91 billion last month, the ministry said.Department of Statistics Director-General Beatrice Tsai (蔡美娜) attributed the results to strong global demand for artificial intelligence (AI) infrastructure, high-performance computing and cloud services, which supported shipments of Taiwan’s advanced chips, servers and electronic components.

Shipping containers are stacked on a Yang Ming Marine Transport Corp ship at the Port of Kaohsiung on April 23.