Taiwan Trade Surplus Widens in July

Taiwan's trade surplus widened to USD 17.2 billion in July 2026 from USD 14.4 billion a year earlier, exceeding market expectations of USD 16.5 billion. Exports rose 32.9% year-on-year to USD 75.3 billion, supported by robust demand for machinery and equipment (37.1%), led by electronic parts (50.5%) and information, communication and audio products (29.5%). The US remained the largest export market, accounting for 31% of total shipments, with exports rising 25.2%, followed by Mainland China and Hong Kong, where exports increased 33.4%. Imports increased 37.4% to USD 58.3 billion, driven by purchases of machinery and equipment (55.8%), particularly electronic parts (61.5%) and information, communication and audio products (18.8%). Mainland China and Hong Kong remained the largest source of imports, accounting for 19.9% of the total, followed by South Korea at 13.6%. In the first seven months of 2026, Taiwan's trade surplus widened 63.5% year-on-year to USD 114.4 billion.

Taiwan's trade surplus slightly widened to USD 12.2 billion in June 2026 from USD 12.1 billion a year earlier, though it missed market expectations of USD 19.3 billion. It marked the smallest trade surplus since June 2025, as imports surged 51.8% year-on-year to a record high of USD 62.6 billion, driven primarily by robust purchases of parts of electronic products (70.9%) and information, communication and audio-video products (140.4%). Import growth was strongest from Mainland China and Hong Kong (36.3%) and South Korea (81.4%). Meanwhile, exports climbed 40.3% from a year earlier to USD 74.8 billion, supported by strong shipments of information, communication and audio-video products (72.3%) and parts of electronic products (32.8%). Among major trading partners, export growth was strongest to the US (34.8%) and Mainland China and Hong Kong (22.2%). For the first half of 2026, Taiwan's trade surplus reached USD 97.4 billion, with exports rising 47.1% and imports increasing 40.3%.

Taiwan’s trade surplus widened to USD 17.9 billion in May 2026 from USD 12.6 billion a year earlier, exceeding market expectations of USD 15.2 billion. Exports surged 51.7% year-on-year to USD 78.5 billion, driven mainly by strong shipments of information, communication and audio-video products (75.2%), electronic product parts (56%), and machinery (22.7%). Among key trading partners, exports increased to the US (47.9%), Mainland China and Hong Kong (35.4%), and ASEAN countries (90.8%). Meanwhile, imports soared 54.9% to a record high of USD 60.6 billion, led by higher arrivals of electronic product parts (66.9%), information, communication and audio-video products (118%), and mineral products (70.2%). Import growth was strongest from Mainland China and Hong Kong (48.4%), ASEAN countries (123.6%), and South Korea (73.3%). For the January–May period, the trade surplus reached USD 85.2 billion, with exports climbing 48.7% and imports growing 37.8%.