Taiwan's exports grew 0.9 percent year-on-year in May, reversing April's 1.9 percent fall, data from the Ministry of Finance revealed Friday. Economists had forecast shipment to drop 0.8 percent.
On the other hand, imports plunged 8 percent from the previous year, after declining 8.2 percent in April. The rate of decline far exceeded the expected 2.2 percent decrease.
Driven by a recovery in exports, the trade surplus increased to $4.45 billion in May from $2.27 billion in April.
During January to May, exports advanced 1.2 percent, while imports dipped 0.9 percent, resulting in a surplus of $11.35 billion.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.