Exports from Taiwan soared 69.9% year-on-year to an all-time high of USD 65.77 billion in January 2026, following a 43.4% growth in the previous month and surpassing market expectations of a 51.9% rise. This marked the strongest annual export growth since January 2010, driven by robust sales across all major categories. Information, communication, and audio-video products surged 129.8%, parts of electronic products climbed 59.8%, base metals and articles of base metals grew 22.3%, machinery increased 29.4%, and plastics, rubber, and articles thereof rose 8.6%. Exports to the US jumped 151.8%, accounting for 32.4% of total exports, following a recent trade agreement between the US and Taiwan aimed at boosting American semiconductor production in exchange for lower tariffs. Other key destinations included Mainland China and Hong Kong (49.6%), ASEAN countries (61.8%), Europe (106%), Japan (37.2%), and Korea (96%).