Taiwan’s Exports Up for Ninth Straight Month on Chip Demand
- Data add to signals from other exporters of resurgent demand
- Country’s big tech companies struggling to keep up with demand
Overseas shipments rose 9.7% last month to a record high for February.
Photographer: Billy H.C. Kwok/Bloomberg
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Taiwan continued to benefit from global demand for its electronics goods, with exports rising for a ninth straight month in March.
Exports increased 27.1% last month to almost $35.9 billion, according to a statement Friday from Taiwan’s Ministry of Finance. Economists had forecast shipments would increase by 20%.