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Off-Season Not Dull: Q1 Exports Hit New Quarterly High, Up Over 50% Leading Global Growth

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Taiwan's Ministry of Finance announced preliminary customs trade statistics for March, with exports reaching US$80.18 billion, a new monthly high, up 61.8% year-on-year. Q1 exports totaled US$195.74 billion, up 51.1%, setting a new quarterly record and exceeding expectations. Taiwan's export growth of over 50% leads the Asian Tigers and major economies, primarily benefiting from strong global demand for memory in the AI wave, profiting alongside South Korea.

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