Machinery exports for July grew almost 20% - Taipei Times

By Chen Cheng-hui

/ Staff reporter

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The nation’s machinery exports grew 18.4 percent year-on-year to US$3.305 billion last month, the 18th consecutive monthly increase, the Taiwan Association of Machinery Industry reported on Monday.The increase was lifted mainly by shipments of electronic equipment, which grew 35.6 percent to US$709.5 million, amid strong demand for artificial intelligence (AI) applications and semiconductors, the association said in a report.Machine tools posted an 8.8 percent increase from a year earlier, but their shipments of US$178 million were relatively low compared with other product categories, as the New Taiwan dollar exchange rate was unfavorable for Taiwanese firms’ competitiveness, it said.

Visitors observe a robotic arm during the Touch Taiwan 2026 exhibition in Taipei on April 8.