Taiwan Export Orders Surge 31.1%

(RTTNews) - Taiwan's export orders rebounded sharply in February, according to data released by the Ministry of Economic Affairs on Thursday.

Export orders jumped 31.1 percent year-over-year in February, reversing a 3.0 percent fall in January, which was the first contraction since March 2024. The expected growth was 21.7 percent.

Orders for electronic products grew the most by 48.6 percent, followed by information and communication products, which climbed by 31.8 percent.

Foreign orders for electrical machinery products rose markedly by 28.8 percent, while those for mineral products, the only segment, showed a contraction of 4.8 percent.

On a monthly basis, export orders rebounded 5.3 percent versus an 11.2 percent decline in January.

In New Taiwan dollar terms, export orders expanded 36.8 percent annually, and they increased by 5.0 percent monthly in February.