FX.co ★ Taiwan Export Orders Hit Two-Year High

In May 2025, Taiwanese export orders rose significantly by 18.5% compared to the same month the previous year, reaching USD 57.9 billion. This represents the strongest performance in over two years and follows a 19.8% gain in April. The impressive growth was primarily driven by a substantial rise in demand for information and communication products, which surged by 29.5%, up from a 20.0% increase in April. Orders for machinery also grew by 6.8%, improving from a 5.8% rise, and other goods saw a remarkable 32.7% increase, compared to 22.0% previously. However, there was a deceleration in orders for electronic products, which grew by 27.7%, down from 35.0%, and for electrical machinery, which saw a 7.7% increase compared to 9.2% earlier. Orders for optical and photographic instruments rose by 2.8%, a slight decline from the previous 4.2%. Notably, there were decreases in orders for mineral products, which dropped by 30.4% compared to an 8.7% fall earlier; chemicals, which declined by 17.4% from stability previously; textiles, which fell by 8.8% compared to a 1.1% decrease; plastics, which recorded a 14.3% drop from an 8.8% decline; and transport equipment, which decreased by 6.5% compared to a 3.3% increase before. The most significant growth in orders by destination was seen from the United States with a 40.1% increase, followed by a 25.1% rise from ASEAN markets, and a 23.2% increase from Japan.