In March 2024, the total trade volume between Taiwan and ASEAN countries were 13.126 billion US dollars. The total exports from Taiwan to ASEAN were 8.899 billion US dollars, while the total imports from ASEAN to Taiwan were 4.226 billion US dollars. In comparison to March 2023, total trade volume between Taiwan and ASEAN countries has increased by 36.95%, while Taiwan’s export to ASEAN countries experienced a 47.08% increase and Taiwan’s import from ASEAN countries increased by 19.60%. Singapore ranks the highest amongst ASEAN countries with a total trade volume of 4.420 billion US dollars (Taiwan’s export to Singapore were 3.740 billion US dollars while Taiwan’s import from Singapore were 0.679 billion US dollars). Malaysia is the second highest with a total trade volume of 2.809 billion US dollars (Taiwan’s export to Malaysia were 1.571 billion US dollars while Taiwan’s import from Malaysia were 1.238 billion US dollars). The export and import details of each ASEAN country are presented as the following table and chart.
Unit: US $100 million
Source: Bureau of Foreign Trade, Ministry of Economic Affairs,
https://cuswebo.trade.gov.tw/ . Last viewed on April 17th, 2024.