FX.co ★ Taiwan Trade Surplus Tops Forecasts

Taiwan's trade surplus expanded to a three-month peak of USD 7.21 billion in April 2025, compared to USD 6.27 billion in April of the previous year. This figure surpassed market forecasts, which anticipated a surplus of USD 6.38 billion. Exports experienced a robust increase of 29.9% year-on-year, reaching USD 48.66 billion. This growth was largely attributed to significant sales increases across all major export categories, especially in information, communication, and audio-video products (up 60.5%), electronic parts (up 26.8%), chemicals (up 15.2%), base metals and related articles (up 7.6%), and machinery (up 7.1%). In contrast, imports saw a substantial rise of 33% from the previous year, totaling USD 41.46 billion. This surge was mainly driven by enhanced purchases of information, communication, and audio-video products (up 228.8%), electronic parts (up 31.6%), and machinery (up 30.1%). During the first four months of the year, Taiwan's trade surplus amounted to USD 30.85 billion, marking a 21.6% increase from the previous year. This was accompanied by a 20.6% rise in exports and a 20.4% growth in imports.