Taiwan July Exports Surge 33% Amid Strong AI Demand
By TaiwanPlus
July exports from Taiwan jumped 33% thanks to demand for AI and electronics components. Total exports were about US$75 billion for the month, falling short of predictions but still the third-highest month for exports on record.
July Exports Surge
REPORTER:
AI demand boosted Taiwan's exports to about 75 billion US dollars in July, up 33 percent from a year earlier.
Though the figure fell short of expectations, it was still Taiwan’s third-highest month for exports on record.
Sales of electronic components hit a new high of nearly 28 billion US dollars.
Total exports for the first seven months of year are up nearly 45 percent year-on-year.
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AI Boosts July Exports
REPORTER:
AI demand boosted Taiwan's exports in July, up 33 percent from the same month last year.
It was the third highest month for exports ever. Sales of electronic components hit a new monthly high of 27.73 billion US dollars. Total exports for the year so far are up nearly 45% year-on-year.
