Taiwan Balança Comercial

Taiwan’s trade surplus widened to USD 16.09 billion in November, up from USD 7.97 billion a year earlier, but fell short of market expectations of USD 18.5 billion. Exports surged 56.0% year-on-year to USD 64.1 billion, led by robust shipments of information, communication, and audio-video products (+170.8%) and electronic parts (+29.3%). Exports to major trading partners rose sharply, including a surge to the US (+182.3%), Europe (+36.8%), ASEAN (+31.5%), China and Hong Kong (+16.5%), and Japan (+18.2%). Imports increased 45.0% to USD 47.97 billion, driven by higher purchases of electronic parts (+45.0%), information and audio-video products (+197.3%), and machinery (+56.1%). Import growth was strongest from ASEAN (+54.0%), Korea (+48.7%), the US (+48.4%), and Japan (+33.1%). From January to November, trade surplus totaled USD 137.90 billion, with exports up 34.1% and imports rising 23.5% year-on-year.