Taiwan exports confiscated 29.9 % year on April to 48.66 billion dollars, greatly exceeding expectations and distinguished the second highest monthly total in the history of the island. The motive behind the sharp height was driven by a strong global demand for high -tech products, especially semiconductors, as customers moved to the stock before any new American tariff became.
April growth defeated the average expectations by 16 % of the Reuters poll, and the increase exceeded 18.6 % in March. It represented the eighteenth month in a row of exports growth.
The major technology manufacturers in Taiwan, including the TSMC chips – the main supplier of Apple, NVIDIA and other American technology companies – may pay a batch of orders such as concerns about the new US tariff measures that encouraged early purchase, according to the ministry.
“The export value in the first half has a good opportunity to hit a record,” the ministry said. However, it has warned that the slowdown could be followed in the second half of the year, which leads to the opposite of the usual direction as exports are issued before holidays at the end of the year in the West.
The ministry added that the continuous geopolitical risks and the uncertainty surrounding the US tariff policy may threaten the broader global economic view.
Exports to the United States increased by 29.5 % in April to 13.145 billion dollars, in the wake of 39.9 % stronger profit in March. Shipping to China, the highest trade partner in Taiwan, increased by 22.3 %, an increase of 12.6 % in the previous month.
Electronic ingredients exports increased by 26.8 % year on an annual basis to 16.407 billion dollars, with semiconductor exports increased by 28.2 %.
Imports also jumped by 33.0 % to 41.46 billion dollars, economics predictions outperformed 18.9 %.
In the future, the Ministry of Finance projects export growth in May between 15 % and 20 % on an annual basis.
