AICoin AI: Taiwan’s Exports Jump 49.7% in October as Semiconductor and AI Demand Soars
Taiwan's exports surged 49.7% year-over-year in October, hitting $61.80 billion—the highest growth in nearly 16 years. The Ministry of Finance credits this explosive growth to skyrocketing global demand for semiconductor and artificial intelligence (AI) products, fueled by data center upgrades and AI application deployments.
Imports ROSE 14.6% to $39.22 billion, resulting in a $22.58 billion trade surplus. While negotiations continue to lower the 20% U.S. tariff on Taiwanese goods, semiconductors remain exempt. The ministry forecasts 2025 exports to reach $600 billion, driven by year-end Western consumer demand and accelerating AI adoption.
Geopolitical risks and shifting U.S. trade policies pose potential challenges. Taiwan solidifies its position as a critical hub in global supply chains as AI sector expansion continues to reshape industries worldwide.
