Taiwan's June exports rose 23.5% YoY to $39.9bn, driven by AI products and next-gen tech gadgets, with the US becoming its second-largest export destination.
Taiwan's exports increased by 23.5% year-on-year in June, the fastest growth since Feb 2022, reaching $39.9 billion. This surge was driven by a rise in AI-related products and increasing demand for next-generation tech gadgets. The US has become Taiwan's second-largest export destination, and the export momentum is expected to continue due to the AI boom and advanced chip production capacity.
July 09, 2024
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