Taiwan Exports Surpass South Korea for First Time, Driven by AI, Chips

TaiwanPlus News

Taiwan's exports reached nearly US$58.5 billion in August, a more than 34% increase from last year. Growth is being driven by high-end semiconductor sales, propelling Taiwanese exports past South Korea's for the first time ever.

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00:00Taiwan's finance ministry says the country's exports have surpassed South Korea's for the

00:04first time.

00:06Taiwan's exports reached nearly US$58.5 billion in August, a more than 34 percent increase

00:13from the same month last year.

00:15Taiwan's finance ministry attributed the growth to strong demand for high-end semiconductors

00:20amid the global AI boom, while South Korea's exports fell due to Chinese overcapacity.

00:26The ministry says Taiwan's total exports this year could reach US$600 billion.

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