The Ministry of Finance (MOF) announced on October 8 that Taiwan achieved a record export value of NT$1.3 billion (approximately US$40.57 million) in September. According to a press release from the MOF, Taiwan’s total exports for the third quarter reached US$124.13 billion, marking an 8.1% increase compared to the same period last year. From January to September, cumulative exports totaled US$349.13 billion, reflecting a year-on-year increase of 10.2%, as reported by CNA.
Tsai Mei-na, Director of the MOF Department of Statistics, noted that the strong export performance in September was influenced by the traditional peak export season and emerging opportunities in artificial intelligence (AI) and high-performance computing (HPC), as well as increased demand for new consumer electronics products. However, Tsai also highlighted that the recovery pace of the global manufacturing sector remains uneven. The rebound in traditional industrial exports seen in August did not carry into September, with traditional industrial goods exports showing signs of weakness. This decline was partly attributed to delayed shipments caused by previous typhoons that were cleared in August.
Regarding machinery exports, Tsai indicated that while there was strong demand for semiconductor machinery from the US, investments in China and Europe have slowed, resulting in a 1.3% decline in machinery exports for September. Additionally, exports of transportation equipment experienced a year-on-year decline of 13.1%.
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