Taiwan's foreign trade surplus increased notably in May from a year ago, preliminary figures from the Ministry of Finance revealed on Tuesday.
The trade surplus rose to $17.9 billion in May from $12.6 billion in the corresponding month last year. The surplus also increased from $14.3 billion in April. The expected surplus was $15.2 billion.
Exports surged 51.7 percent annually in May, and imports were 54.9 percent higher.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.