Taiwan Export Orders Surge 47 Percent Driven by AI Demand

Taiwan saw export orders surge 47.2 percent year-on-year in May, totaling US$89.48 billion and marking 16 consecutive months of growth. This increase was primarily propelled by global demand for artificial intelligence and high-performance computing. The information and communication technology and electronics industries were the largest beneficiaries, accounting for nearly 78 percent of all orders.

The Ministry of Economic Affairs identified the United States as the leading buyer, with monthly orders hitting a high of US$36.39 billion. While machinery orders rose 22.5 percent alongside semiconductor production expansion, the rubber, plastics, and optoelectronics sectors recorded declines.

Government officials forecast that total export orders could exceed US$1 trillion for 2026. The second half of the year is expected to outperform the first half as global investment in AI continues to drive demand for Taiwanese exports.