Taiwan's foreign trade surplus increased notably in March from a year ago as exports grew much faster than imports, preliminary figures from the Ministry of Finance revealed on Friday.
The trade surplus rose to $21.2 billion in March from $6.9 billion in the corresponding month last year. The surplus also grew from $12.8 billion in February. The expected surplus was $14.5 billion.
Exports jumped 61.8 percent year-on-year in March, and imports were 38.3 percent higher.
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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.