FX.co ★ Taiwan's Exports Drop in April, Down to 4.3% from 18.9% in March 2024

According to the latest data released on May 8, 2024, Taiwan's exports took a significant hit in April 2024, dropping to 4.3% from 18.9% in March of the same year. The comparison is year-over-year, indicating a stark contrast to the previous indicator. The previous event in March saw a robust 18.9% growth in exports, which has now decreased substantially. This decline in exports could have implications for Taiwan's economy and its trading partners, signaling potential shifts in global trade dynamics. Experts will be closely monitoring future export data to assess the impact of this significant drop on Taiwan's economic outlook.