March Exports Up 61.8% Year-on-Year; Electronic and ICT Product Exports Hit New Monthly High

AI Summary (NQ-processed)

According to the Ministry of Finance, March exports reached US$80.18 billion, a 61.8% year-on-year increase, and imports were US$58.91 billion, up 38.3%, both setting new monthly records. Director Tsai Mei-na attributed the strong export performance to massive investment in AI infrastructure, mass production of AI cloud computing systems, tight raw material supply, and early procurement. Electronic and ICT products accounted for 81% of total exports, driving significant growth.