Taiwan’s trade surplus widened sharply to USD 12.77 billion in February 2026, from USD 6.63 billion in the same month a year earlier. However, the figure fell short of market expectations of USD 14.6 billion and marked the smallest surplus since September 2025. Exports grew 20.6% year-on-year to USD 49.8 billion, driven mainly by stronger sales of information, communication and audio-video products (38.7%) and electronic product parts (24.6%). Export growth was particularly solid to the US, surging 33.7% after a recent agreement that reduced US tariffs on many Taiwanese goods to 15%. Meanwhile, imports rose 6.8% year-on-year to USD 37 billion, largely due to higher purchases of electronic product parts (24%) and information, communication and audio-video products (81.9%). Import growth was strongest from Mainland China and Hong Kong (20.7%). For the January–February period, Taiwan recorded a trade surplus of USD 31.7 billion, with exports rising 44.5% and imports increasing 32.5%.