Taiwan recorded total export value of US$21.08 billion in January 2012, decreasing 12.0% on month and 16.8% on year, while the total import value of US$20.66 billion fell 4.5% on month and 11.9% on year, according to the Ministry of Finance (MOF). The decreases were mainly due to the 2012 Lunar New Year vacation in late January, MOF said.
Among different categories of Taiwan-made products, electronics had the largest export value of US$5.534 billion in January, slipping 17.4% on month and 23.2%% on year.
| Taiwan's main export markets and export values (US$m), January 2012 | |||
| Export market | Export value | Proportion of total value | Trade balance |
| China plus Hong Kong | 7,569.0 | 35.9% | 4,363.8 |
| US | 2,467.2 | 11.7% | 648.9 |
| Europe | 2,367.9 | 11.2% | 214.8 |
| Japan | 1,329.0 | 6.3% | -2,042.5 |
Source: MOF, compiled by Digitimes, February 2012
