Taiwan’s exports surged 49.7% in October, driven by record global demand for AI

Taiwan’s Ministry of Finance (MOF) data revealed that Taiwan’s exports reached $61.80 billion in October, a 49.7% increase over the same period in the previous year. According to MOF, the rise is due to growing demand for semiconductor and artificial intelligence (AI) products. The increase in exports marks the biggest growth in almost 16 years. According to MOF data, the overall amount of imports reached US$39.22 billion, a 14.6% increase from the previous year. The ministry stated that the trade balance of US$22.58 billion in October 2025 was beneficial. AI demand is driving Taiwan’s export boom Taiwan is in negotiations to lower the 20% tax on its shipments to the U.S., although semiconductors are currently excluded. According to the ministry, Taiwan’s export momentum is anticipated to be boosted by the typical peak season of year-end shopping in Western markets, as well as the ongoing acceleration of AI and HPC applications....

https://www.cryptopolitan.com/taiwan-exports-soar-49-7-on-record/