Taiwan’s export orders growth decelerated markedly in February 2026, with year-on-year expansion easing to 23.8%, down from a robust 60.1% increase recorded in January 2026. The data, updated on 20 March 2026, highlight a pronounced slowdown in momentum after an exceptionally strong start to the year.
Both readings are measured on a year-over-year basis, comparing each month to the same period a year earlier. While January’s 60.1% surge pointed to powerful external demand and possibly favorable base effects, the February figure suggests that those tailwinds have moderated, even as export orders continue to grow at a solid clip in absolute terms.
The shift from 60.1% to 23.8% indicates that, although Taiwan’s export engine remains in expansion territory, the pace of annual growth is normalizing. Investors and policymakers will be watching upcoming data to assess whether February’s reading reflects a temporary adjustment—possibly influenced by calendar effects—or the start of a more sustained cooling in global demand for Taiwanese goods.
