In February 2020, the total trade volume between Taiwan and ASEAN countries were 7.384 billion US dollars. The total exports from Taiwan to ASEAN were 4.544 billion US dollars, while the total imports from ASEAN to Taiwan were 2.84 billion US dollars. In comparison to February 2019, total trade volume between Taiwan and ASEAN countries has increased by 37.19%, while Taiwan’s export to ASEAN countries experienced a 24.79% increase and Taiwan’s import from ASEAN countries increased by 63.12%. Singapore ranks the highest amongst ASEAN countries with a total trade volume of 2.248 billion US dollars (Taiwan’s export to Singapore were 1.581 billion US dollars while Taiwan’s import from Singapore were 0.667 billion US dollars). Malaysia is the second highest with a total trade volume of 1.556 billion US dollars (Taiwan’s export to Malaysia were 0.728 billion US dollars while Taiwan’s import from Malaysia were 0.828 billion US dollars). The export and import details of each ASEAN country are presented as the following table and chart.
unit: US $100 million
unit: US $100 million
Source: Bureau of Foreign Trade, Ministry of Economic Affairs, http://cus93.trade.gov.tw . Last viewed on May 4th, 2020.