Taiwan September Export Orders Jump 62.4% to Record $114.21B on AI Demand

Taiwan's export orders jumped 62.4% year-over-year in September to reach a record $114.21B, beating analyst expectations of a 58.7% gain and marking the island's 20th consecutive monthly increase. September marked the second straight month that Taiwan's export orders exceeded the $100B threshold, following August's $103B total, supported by global demand for AI chips, high-performance computing, and cloud services. By category, September orders for telecommunications products rose 87.3% from a year earlier, while electronic products climbed 71.0%. Geographically, September orders from the US surged 79.4% compared to an 88.9% increase in August, while orders from Europe rose 68.0%, China grew 48.5%, and Japan increased 35.5%. Taiwan's Ministry of Economic Affairs projected October export orders to increase between 62.0% and 67.0% year-over-year and stated that full-year export orders could reach $1.1T, though geopolitical risks and trade policies continue to weigh on global economic growth.