FX.co ★ Taiwan Exports Growth Exceeds Expectations

In April 2025, Taiwan experienced a remarkable 29.9% increase in exports from the previous year, amounting to USD 48.66 billion. This surge significantly surpassed market expectations, which anticipated a 16% rise, and marked a considerable acceleration from the 18.6% growth seen in March. This impressive performance is likely attributable to businesses hastening their shipments in anticipation of impending US tariffs. Positioned as a critical center for global semiconductor and hardware production, Taiwan is currently confronting intensified trade challenges following US President Trump's announcement of a 32% tariff on Taiwanese imports, albeit with a 90-day grace period. Exports rose substantially across all key sectors: information, communication, and audio-video products saw a 60.5% increase; electronic components rose by 26.8%; chemicals grew by 15.2%; base metals and related products increased by 7.6%; and machinery went up by 7.1%. Among Taiwan's primary trading partners, exports surged notably to ASEAN countries by 60.2%, followed by a 29.5% rise to the USA ahead of the impending tariffs, and a 22.3% increase to Mainland China and Hong Kong.