Taipei, Nov. 8 -- Taiwan's exports in October surged 49.7 per cent year-on-year to USD 61.8 billion, a record monthly high, driven by strong global demand for artificial intelligence technologies (AI), according to Focus Taiwan.

The Ministry of Finance (MOF) data, according to a Focus Taiwan report, showed exports totaled USD 61.8 billion, topping USD 60 billion for the first time, while also marking the 24th consecutive month of growth and the largest year-on-year increase in nearly 15 and a half years.

Imports in October totaled USD 39.22 billion, the highest for the month on record, up 14.6 percent year-on-year, according to the data.

The strong export performance pushed Taiwan's trade surplus to USD 22.58 billion in October, also a...