FX.co ★ Taiwan Imports Growth at 4-Month Low

In May 2025, Taiwan experienced a 25% year-over-year increase in imports, totaling USD 39.1 billion. This growth rate came after a 33% rise the preceding month and represented the slowest annual growth since a downturn seen in January 2025, largely due to a decline in the acquisition of mineral products and chemicals, which dropped by 16.2% and 5%, respectively. Conversely, imports of information, communication, and audio-video products skyrocketed by 108.9%. There was also significant growth in the importation of electronic product parts, which increased by 51.7%, and machinery, which rose by 35.9%. Notably, the largest surge in imports from major trading partners was from South Korea, at 58.0%, followed by the United States at 52.1%, Japan at 17.4%, ASEAN countries at 17.3%, and Mainland China, including Hong Kong, at 14.3%. For the first five months of the year, Taiwan's total imports amounted to USD 186.5 billion, marking a 21.4% increase from the same period in the previous year.