Machinery Association: March Exports Little Affected by Middle East Conflict, Boosted by Electronic Equipment
According to the Taiwan Association of Machinery Industry (TAMI), March machinery exports reached $2.976 billion, a 14.5% year-over-year increase. This growth was primarily driven by a significant 70.8% surge in electronic equipment exports, fueled by strong demand for semiconductors and AI servers. While the impact of the Middle East conflict was minimal, the strength of the New Taiwan dollar continues to pose a challenge to export competitiveness.
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- 📰 Published: April 13, 2026 at 15:39
- 🔍 Collected: April 13, 2026 at 16:01 (21 min after Published)
- 🤖 AI Analyzed: April 14, 2026 at 20:09 (28h 7m after Collected)
Central News Agency
(CNA, Taipei, 13th) The Taiwan Association of Machinery Industry (TAMI) stated this afternoon that although the conflict between the US, Israel, and Iran has caused shipping disruptions and increased energy costs, March exports were not significantly affected. With recent signs of a ceasefire, the subsequent impact still needs to be continuously observed.
Observing Taiwan's machinery industry, TAMI pointed out that despite the global economic uncertainty caused by the Middle East conflict, Taiwan's strong demand for semiconductors and artificial intelligence (AI) servers has driven rapid growth in its electronic equipment exports, which in turn has boosted the growth of Taiwan's machinery industry exports.
TAMI stated that although Taiwan's machinery is export-oriented and affected by US tariff policies and the Middle East conflict, the recent stable growth of Taiwan's machinery industry has brought a stabilizing force.
TAMI announced this afternoon that March machinery exports were valued at $2.976 billion, a 28.2% increase from February's $2.322 billion and a 14.5% increase from the $2.599 billion in the same period of 2025. In New Taiwan dollars, the value was NT$94.168 billion, a 10.3% increase from the same period last year.
The association's statistics show that for the first three months of this year, cumulative machinery exports reached $8.272 billion, an 18.3% increase from the $6.961 billion in the same period last year. In New Taiwan dollars, the value was approximately NT$261.253 billion, a 13.8% increase from the same period last year.
TAMI analyzed that Taiwan's machinery export value continued to grow in March. Since February 2025, it has shown positive growth for 14 consecutive months. In the first three months of this year, exports calculated in US dollars increased by 18.3% year-on-year, indicating the stable growth of Taiwan's machinery industry.
The association pointed out that electronic equipment exports grew substantially in March, with an export value of $600 million, a year-on-year increase of 70.8%, which was a significant factor driving the substantial growth of Taiwan's machinery product exports in March.
Regarding machine tool products, statistics from the Taiwan Machine Tool & Accessory Builders' Association show that March machine tool exports amounted to $170 million, a 29.5% monthly increase but a 4.8% annual decrease. Cumulative machine tool exports for the first three months of this year amounted to $457 million, still a 1.2% increase compared to the same period last year, with export values having significantly recovered.
Observing exchange rates, TAMI noted that due to the Iran conflict and safe-haven demand, Asian currencies have recently depreciated. However, the New Taiwan dollar exchange rate remains unfavorable for Taiwan's machinery export competitiveness. Rival countries, including Japan and South Korea, have seen relatively larger depreciations in their currencies, which continues to create pressure on Taiwan's machinery exports in securing orders. (Editor: Huang Kuo-lun) 1150413
(CNA, Taipei, 13th) The Taiwan Association of Machinery Industry (TAMI) stated this afternoon that although the conflict between the US, Israel, and Iran has caused shipping disruptions and increased energy costs, March exports were not significantly affected. With recent signs of a ceasefire, the subsequent impact still needs to be continuously observed.
Observing Taiwan's machinery industry, TAMI pointed out that despite the global economic uncertainty caused by the Middle East conflict, Taiwan's strong demand for semiconductors and artificial intelligence (AI) servers has driven rapid growth in its electronic equipment exports, which in turn has boosted the growth of Taiwan's machinery industry exports.
TAMI stated that although Taiwan's machinery is export-oriented and affected by US tariff policies and the Middle East conflict, the recent stable growth of Taiwan's machinery industry has brought a stabilizing force.
TAMI announced this afternoon that March machinery exports were valued at $2.976 billion, a 28.2% increase from February's $2.322 billion and a 14.5% increase from the $2.599 billion in the same period of 2025. In New Taiwan dollars, the value was NT$94.168 billion, a 10.3% increase from the same period last year.
The association's statistics show that for the first three months of this year, cumulative machinery exports reached $8.272 billion, an 18.3% increase from the $6.961 billion in the same period last year. In New Taiwan dollars, the value was approximately NT$261.253 billion, a 13.8% increase from the same period last year.
TAMI analyzed that Taiwan's machinery export value continued to grow in March. Since February 2025, it has shown positive growth for 14 consecutive months. In the first three months of this year, exports calculated in US dollars increased by 18.3% year-on-year, indicating the stable growth of Taiwan's machinery industry.
The association pointed out that electronic equipment exports grew substantially in March, with an export value of $600 million, a year-on-year increase of 70.8%, which was a significant factor driving the substantial growth of Taiwan's machinery product exports in March.
Regarding machine tool products, statistics from the Taiwan Machine Tool & Accessory Builders' Association show that March machine tool exports amounted to $170 million, a 29.5% monthly increase but a 4.8% annual decrease. Cumulative machine tool exports for the first three months of this year amounted to $457 million, still a 1.2% increase compared to the same period last year, with export values having significantly recovered.
Observing exchange rates, TAMI noted that due to the Iran conflict and safe-haven demand, Asian currencies have recently depreciated. However, the New Taiwan dollar exchange rate remains unfavorable for Taiwan's machinery export competitiveness. Rival countries, including Japan and South Korea, have seen relatively larger depreciations in their currencies, which continues to create pressure on Taiwan's machinery exports in securing orders. (Editor: Huang Kuo-lun) 1150413
FAQ
How were Taiwan's machinery exports in March?
Exports were strong, reaching $2.976 billion, a 14.5% increase year-over-year. Electronic equipment exports were particularly robust, growing by 70.8%.