09.09.202509:12:58UTC+00Taiwan Import Growth Accelerates in August

In August 2025, Taiwan experienced a substantial rise in imports, with a year-on-year increase of 29.7%, amounting to USD 41.66 billion. This figure represents an acceleration from the previous month's 20.8% growth and surpasses market predictions of a 25.75% rise. The increase was driven by heightened demand for electronic components (up by 54.5%), information and audio-video products (up by 118.5%), and machinery (up by 47.1%). Conversely, there was a decline in imports of mineral products and chemicals, both down by 8.1%. Among its major trading partners, Taiwan saw the most significant surge in imports from South Korea, up by 64.9%, followed by ASEAN countries at 48.8%. Imports from Japan increased by 24.7%, while those from China and Hong Kong rose by 23.1%. The United States and Europe saw increases of 21.3% and 9.8%, respectively. In contrast, imports from the Middle East experienced a decrease of 18.1%. From January to July, Taiwan's total imports amounted to USD 311.54 billion, marking a 21.7% increase from the same period in the previous year. However, purchases from the United States showed a decline of 4.1% compared to the corresponding period last year.