FX.co ★ Taiwan Imports Rise to Record Level

Imports to Taiwan surged 51.8% year-on-year to a record USD 62.6 billion in June 2026, beating market expectations of 47.8%, though slightly below the 54.9% increase recorded in May. Most major import categories expanded, led by mineral products (+58.9%), chemicals (+12.3%), plastics and plastic articles (+17.1%), wood and wood articles (+8.9%), articles of stone, plaster, and cement (+11.8%), base metals (+15.9%), and machinery and electrical equipment (+73.2%). In contrast, imports of live animals and animal products (-8.1%), vegetable products (-13.5%), and furs and fur articles (-1.3%) declined. By source, imports rose most sharply from Mainland China and Hong Kong (36.3%), the United States (47.9%), Japan (37.8%), and South Korea (81.4%). Over January–June, total imports reached USD 319.2 billion, an increase of 43.4% compared with the same period a year earlier.