Taiwan's April exports grew 4.3% YoY to $37.5bn, marking the 6th consecutive month of growth, with record US shipments up 81.6% to $10.
Taiwan's April exports grew 4.3% year-on-year to $37.5bn, marking the sixth consecutive month of growth, despite weakened demand from China. The US saw a record surge in shipments, expected to continue. Taiwan's exports to the US surged by a record 81.6% year-on-year to $10.2bn in April, driven by strong demand for artificial intelligence-related products. Meanwhile, exports to China dropped by 11.3% year-on-year to $11.3bn.
May 08, 2024
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