In June 2023, the total trade volume between Taiwan and ASEAN countries were 8.691 billion US dollars. The total exports from Taiwan to ASEAN were 5.358 billion US dollars, while the total imports from ASEAN to Taiwan were 3.333 billion US dollars. In comparison to June 2022, total trade volume between Taiwan and ASEAN countries has decreased by 29.06 %, while Taiwan’s export to ASEAN countries experienced a 27.58 % decrease and Taiwan’s import from ASEAN countries decreased by 31.32%. Singapore ranks the highest amongst ASEAN countries with a total trade volume of 2.939 billion US dollars (Taiwan’s export to Singapore were 2.070 billion US dollars while Taiwan’s import from Singapore were 0.870 billion US dollars). Malaysia is the second highest with a total trade volume of 1.795 billion US dollars (Taiwan’s export to Malaysia were 1.103 billion US dollars while Taiwan’s import from Malaysia were 0.693 billion US dollars). The export and import details of each ASEAN country are presented as the following table and chart.
unit: US $100 million
unit: US $100 million
Source: Bureau of Foreign Trade, Ministry of Economic Affairs, https://cuswebo.trade.gov.tw/ Last viewed on July 12th, 2023.
Comments