News
Exports rise 18.8% in April
By ECCT staff writers, MOF
Taiwan’s total exports in April rose by 18.8% year-on-year to US$41.46 billion while imports increased by 26.7% from the same month a year earlier to US$36.55 billion, according to a news release from the Ministry of Finance (MOF). For the first four months of 2022, the value of exports has reached US$162.398 billion, up 22.3% while goods worth US$141.996 billion have been imported, representing a growth rate of 26%.
According to the news release, in the month of April 2022, compared with the same month of last year, exports of parts of electronic product, information, communication and audio-video products, base metals and articles of base metal, and machinery grew by 27.5%, 10.2%, 26.1%, and 14.1%, respectively. However, exports of plastics & rubber and articles thereof declined 2.1%.
Broken down by trading partner, compared with the same month of last year, exports to Mainland China & Hong Kong, ASEAN, Japan, the USA, and Europe rose by 10.6%, 18.5%,5.7%, 26.6%, and 26.5%, respectively. Year to date, exports to Mainland China & Hong Kong, ASEAN, Japan, the USA, and Europe have risen by 15.9%, 23.2%, 19.7%, 34.1% and 24.9% to US$65.82 billion, US$26.85 billion, US$10.59 billion, US$24.94 billion and US$13.76 billion, respectively.
