May export orders grew 47.2% - Taipei Times

UPWARD TREND:

Orders surged for a 16th consecutive month as demand for artificial intelligence and computing-related wares expanded across the globe

By Meryl Kao / Staff Reporter

Export orders last month rose 47.2 percent year-on-year to US$89.48 billion, the 16th consecutive month of increases and the second-highest monthly level on record, the Ministry of Economic Affairs said yesterday.The increase decelerated from the 48.1 percent annual increase recorded in April, but was in line with the ministry’s forecast of 46.4 percent to 49.7 percent growth.Cumulative orders in the first five months of this year grew 49 percent annually to US$408.83 billion, ministry data showed.

Trucks are loaded with containers at the Port of Keelung on Friday.