News
June exports surge 35.1%
By ECCT staff writers
Taiwan’s total exports surged by 35.1% year-on-year to reach US$36.65 billion in June while total imports rose by 42.3% from a year earlier to US$31.51 billion.
According to a news release by the Ministry of Finance, compared with the same month of last year, exports of parts of electronic products, (which accounted for the largest share of exports at 39.6% of all exports) rose by 29.8% while information, communication and audio-video products (which accounted for the next largest share, or 13.4% of total exports) rose by 22.5% from the same month in 2020. Meanwhile, base metals and articles of base metal, plastics & rubber and articles thereof, and machinery (which together accounted for just over 20% of total exports) rose by 46.6%, 65.4%, and 29.4%, respectively.
Broken down by region, compared with the same month of last year, exports to mainland China & Hong Kong, ASEAN, Japan, the USA, and Europe grew by 29.0%, 40.9%, 23.9%, 34.5%, and 34.3%, respectively.
Meanwhile, imports from mainland China & Hong Kong, ASEAN, Japan, the USA, Europe, and the Middle East grew by 31.6%, 36.7%, 24.3%, 35.8%, 49.0%, and 131.9%, respectively.
In the first six months of the year, exports rose 31% year-on-year to US$206.91 billion, while imports expanded 28.6% to US$175.1 billion.
