Taiwan’s exports rose moderately in September, while imports surged, leading to a reduction in the trade surplus, preliminary data from the Ministry of Finance showed on Monday.
Exports grew 2.6 percent year-on-year and imports grew 13.9 percent. The trade surplus decreased by 35 percent from a year ago to US$4.33 billion.
Among the leading export commodities, shipments of information, communication and audio-video products, machinery, and electronic parts decreased.
In contrast, exports of base metals and related products and plastic & rubber articles increased.
Imports of petroleum surged by 43 percent, leading to an increase of 34.7 percent for the overall category mineral products.
Region-wise, exports to mainland China & Hong Kong, Japan, the USA and Europe increased, while those to ASEAN decreased.
Imports from China and Hong Kong, ASEAN, Japan, the USA, Europe and the Middle East rose in September.