Exports from Taiwan surged 49.7% year-on-year to a record high of USD 61.8 billion in October, accelerating from a 33.8% rise in the previous month and exceeding market expectations for a 31.6% gain. Growth was driven by robust shipments of information, communication, and audio-video products (+138.2%) and electronic parts (+27.7%). Exports to major trading partners rose sharply, including the US (+144.3%), ASEAN (+40.0%), Europe (+26.2%), Japan (+19.8%), and China and Hong Kong (+3.2%).