Imports to Taiwan slipped 20.2% year-on-year to USD 29.2 billion in April 2023, edging lower from a 20.1% slump in the previous month and more than market estimates of an 18% fall. It was the largest drop since February 2019 due to lower purchases for all leading commodities, particularly chemicals (-33.2%), base metals (-31.7%) and parts of electronic products (-26%). On trade partners, arrivals declined the most to ASEAN countries (-26.1%), followed by Japan (-25.3%), China & Hong Kong (-23.4%), the Middle East (-17.1%), USA (-12.8%) and Europe (-7.6%). Considering the first four months of the year, imports went down by 16.9% compared to the same period a year earlier. source: Ministry of Finance, R.O.C.
Imports YoY in Taiwan averaged 9.47 percent from 1982 until 2023, reaching an all time high of 114.70 percent in January of 2010 and a record low of -56.60 percent in January of 2009. This page includes a chart with historical data for Taiwan Imports YoY. Taiwan Imports YoY - data, historical chart, forecasts and calendar of releases - was last updated on June of 2023.