Taiwanese exports declined 16.8 percent in January from a year ago to $21.08 billion, data released by the Finance Ministry showed Tuesday. However, the decline was slightly smaller than 17 percent drop forecast by economists.
Imports were 11.9 percent lower than in January 2011, compared to an expected decrease of 16.7 percent.
As exports declined sharply, the trade surplus fell to $0.42 billion in January, which was notably below an expected surplus of $2.29 billion.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.