GLOBAL DEMAND:
Exports to all major markets rose last month, with shipments to the US soaring 34.8 percent from a year earlier, while exports to China rose 22.2 percent
By Crystal Hsu / Staff reporter
Taiwan’s exports extended their record-setting streak last month as a global artificial intelligence (AI) investment boom continued to drive demand for advanced computing equipment and semiconductors, the Ministry of Finance said yesterday. Exports rose 40.3 percent from a year earlier to US$74.83 billion, the third-highest monthly level on record, marking the 32nd consecutive month of growth, the ministry said. Last month’s growth fell short of the ministry’s forecast range of 42 percent to 49 percent growth.
Shipping containers and cargo trucks are pictured at the Port of Kaohsiung on April 23.
