Imports to Taiwan fell by 16.6% year-on-year to USD 29.17 billion in January 2023, from an 11.4% drop in the previous month and below market forecasts of an 18.2% decrease. It was the largest fall in imports since January 2020, as purchases declined for parts of electronic products (-22.9%), chemicals (-18.4%) and information, communication and audio-video products (-22.1%). Conversely, arrivals rose for mineral products (1.6%) and machinery (2.7%). Of the major trading partners, imports decreased for all main suppliers, led by Mainland China and Hong Kong (-26.9%), followed by ASEAN countries (-10.8%), Japan (-21.8%), the USA (-11.5%), Europe (-12.4%) and Middle East (-3.3%). source: Ministry of Finance, R.O.C.
Imports YoY in Taiwan averaged 9.63 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 February of 2023.