FX.co ★ Taiwan Trade Surplus Narrows in March

Taiwan's trade surplus decreased to USD 6.95 billion in March 2025, compared to USD 8.70 billion in the previous year, missing market forecasts of USD 7.90 billion. Imports experienced a significant rise of 28.8% year-on-year, reaching USD 42.62 billion, largely due to increased acquisitions of ICT products (up 81.2%), machinery (up 75.1%), and electronic parts (up 0.1%). In contrast, exports grew at a slower rate of 18.6%, amounting to USD 49.57 billion, driven mainly by heightened shipments of ICT products (up 34%) and electronic parts (up 19.3%). Over the first quarter of the year, the trade surplus expanded to USD 23.57 billion from USD 19.11 billion in the same timeframe the previous year, as exports increased by 17.5% while imports rose by 16.3%.