Taiwan's exports in the month of April shrank 1.3% year-on-year to US$25.24 billion, according to the Ministry of Finance (MOF).
Taiwan's total exports contracted 3.8% year on year in June to US$27.13 billion compared to the same month in 2019 while total imports fell 8.6% from a year earlier to US$22.29 billion.
Taiwan's exports fell 7.6% year-on-year (yoy) in January 2020, breaking a two-month rising streak, according to figures released by the Ministry of Finance (MOF). The drop can be attributed to a reduced number of working days due to the long Lunar New Year holiday that fell in January this year. Imports for January were down 17.7% from a year earlier.