According to the statistics released by Taiwan’s Ministry of Economic Affairs, in May this year Taiwan’s basic metal and basic metal product export orders amounted to $2.24 billion, decreasing by 25.2 percent compared to May 2022 and up by 3.7 percent compared to the previous month. In April, Taiwan’s basic metal and basic metal product export orders had recorded a 13.2 percent decrease month on month.
In the January-May period, the country’s basic metal and basic metal product export orders fell by 29.6 percent year on year to $10.83 billion.