FX.co ★ Taiwan Export Orders Growth Beats Forecasts

In April 2025, Taiwanese export orders experienced a remarkable increase, rising by 19.8% year-on-year, and reaching a peak of USD 56.4 billion, the highest in over two years. This figure surpasses the previous month's growth of 12.5% and far exceeds market predictions of a 10% rise. The surge in export orders was particularly notable in the sectors of electronic products, which saw an increase of 35% compared to 21.8% in March, machinery with a rise of 5.8% from 2.3%, and ICT products, which jumped to 20% from 11.4%. Moreover, the decline in export orders for chemicals (-0.02% compared to -8.7%) and textiles (-1.1% versus -6.7%) was less pronounced. On the other hand, order growth slowed in the areas of transport equipment, with a rise of 3.3% down from 15.1%, electrical machinery at 9.2% from 11.1%, and optical and photographic products at 4.2% from 10.4%. However, export orders declined more sharply for plastics (-8.8% from -6.1%), basic metals (-11.1% from -3.8%), and mineral products (-8.7% from -6.5%). Among Taiwan's key trading partners, demand surged significantly in Southeast Asian nations with an increase of 32.8%, followed by growth in the United States at 30.3% and Japan at 16.3%.