Imports to Taiwan surged 45.0% year-on-year to a record USD 47.97 billion in November, the fastest growth since February 2025, accelerating from a 14.6% rise in October and well above market expectations of 17.5%. The increase was driven by higher purchases of electronic parts (+45.0%), information and audio-video products (+197.3%), mineral products (+11.5%), machinery (+56.1%), and chemicals (+5.5%). By trading partner, imports from ASEAN (+54.0%) saw the largest increase, followed by Korea (+48.7%), the US (+48.4%), Japan (+33.1%), China & Hong Kong (+20.2%), and Europe (+8.1%). From January to November, total imports reached USD 440.60 billion, up 23.5% year-on-year, with US purchases edging up 2.8% over the same period.