FX.co ★ Taiwan Imports Growth Exceeds Forecasts

In April 2025, Taiwan's imports surged by 33.0% year-on-year, reaching USD 41.5 billion. This marks an increase from the 28.8% growth observed in March and surpasses market predictions of an 18.9% rise. Significant growth was noted in the imports of information, communication, and audio-video products, which skyrocketed by 228.8%, alongside electronic product parts and machinery, which increased by 31.6% and 30.1%, respectively. Meanwhile, there was a decline in the imports of mineral products and chemicals, which fell by 10.3% and 4.2%. Among major trading partners, imports from South Korea experienced the highest growth, jumping by 58.5%. This was followed by increases from ASEAN countries at 25.9%, the Middle East at 19.8%, Japan at 18.2%, Mainland China and Hong Kong at 17.2%, the USA at 8.5%, and Europe at 5.0%. For the first four months of the year, total imports amounted to USD 147.4 billion, representing a 20.4% rise compared to the same period last year.