Taiwan’s export orders year-over-year decreased to 19.5% from the previous 20.8%, marking a decline of 1.3 percentage points. This indicates a slight slowdown in the growth of export orders compared to the previous period.
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The actual export orders figure of 19.5% surpassed the analyst estimate of 13.0%, suggesting stronger-than-expected international demand. This positive surprise is likely to boost sentiment in Taiwan’s export-oriented sectors, particularly technology and manufacturing stocks. The market impact may be short-term as investors react to the unexpected strength in export activity, potentially influencing near-term trading patterns.