Taiwan Exports Up 18.5% in May, Record Shipments to U.S.

TaiwanPlus News

Taiwan’s latest export data shows a total of nearly US$58 billion in orders in May, up 18.5% from last year. Fears of possible upcoming tariffs boosted exports to the U.S. to an all-time high of US$21.1 billion, a 40% increase from a year ago.

Transcript

00:00Taiwan's latest export data shows a total of nearly 58 billion U.S. dollars in orders

00:07in May, up 18.5 percent from last year.

00:11The growth was led by strong demand for AI, high-end computing, and cloud services.

00:17Outside of the tech sector, demand was weaker, with products like chemicals facing stiff

00:21competition from overseas rivals.

00:24The U.S. remained the country's top export destination.

00:28Fears of possible upcoming tariffs boosted exports to an all-time high of 21.1 billion

00:34U.S. dollars in May, a 40 percent increase from a year ago.

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