Taiwan

Total Trade Compared to the same month a year ago

13.42%

Compared to last month

-5.29%

Total Exports Compared to the same month a year ago

0.82%

Compared to last month

-14.22%

Total Imports Compared to the same month a year ago

19.10%

Compared to last month

-1.37%

RankAmong U.S. trading partners this month

7

Rank 2023 this month

8

Taiwan’s total trade with the United States was $12.41 billion in May, a change of 13.42 percent from the same month one year ago. The change in exports was 0.82 percent and the change in imports was 19.10 percent. Taiwan ranked No. 7 among U.S. trade partners in May. It had ranked No. 8 for the same month last year.

The top three U.S. exports by value in May were Oil, (2) Computer parts, and (3) Computer chips. The top three U.S. imports from Taiwan, also by value, were Computer parts, (2) Computers, and (3) Computer chips. By tonnage, the top three U.S. exports were (1) Oil, (2) Corn, and (3) Natural gas, LNG. The top three U.S. imports, also by tonnage, were (1) Gasoline, other fuels, (2) Flat-rolled iron, steel > 600 mm, and (3) Screws, nuts, bolts, washers.

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