Taiwan’s Imports Rise 14.6% in October Amid Strong Electronics Demand

Import Growth:
- Taiwan’s imports in October totaled USD 39.22 billion, up 14.6% YoY, slowing from a 25.1% increase in September.
- Key drivers included:
  - Electronic parts: +22.4%
  - Information & audio-video products: +90.0%
  - Machinery: +17.1%
- Partly offset by declines in mineral products: -12.0%
Regional Trends:
- Strongest import growth from:
  - ASEAN: +21.8%
  - US: +17.7%
  - Korea: +12.1%
- Imports from Europe fell 8.1%
Trade Balance:
- From January to October, Taiwan’s trade surplus totaled USD 121.82 billion
- Exports: +31.8% YoY
- Imports: +21.3% YoY