FX.co ★ Taiwan Posts Largest Trade Surplus on Record

In May 2025, Taiwan achieved a record trade surplus of USD 12.62 billion, a remarkable increase from USD 6.03 billion in the same month the previous year. Exports soared by 38.6% year-on-year, totaling USD 51.74 billion. This boost was largely driven by significant growth in the sales of information, communication, and audio-video products (111.1%), electronic components (28.4%), base metals and related products (5.7%), and machinery (7.7%). In contrast, imports grew at a more modest rate of 25%, amounting to USD 39.12 billion. This increase was mainly fueled by higher acquisition of information and audio-video products (108.9%), electronic components (51.7%), and machinery (35.9%). However, there was a decline in the importation of mineral products (-16.2%) and chemicals (-5%). Cumulatively, for the first five months of the year, Taiwan’s trade surplus stood at USD 43.45 billion, marking a 38.3% increase compared to the same period last year. During this time, exports increased by 24.3% while imports went up by 21.4%.