According to the statistics released by Taiwan Ministry of Economic Affairs, in May this year Taiwan’s basic metal and basic metal product export orders amounted to $1.97 billion, decreasing by 10.7 percent compared to May 2024 and by 0.8 percent compared to the previous month. In April, Taiwan’s basic metal and basic metal product export orders had recorded a 7.3 decrease month on month.
In the January-May period, the country’s basic metal and basic metal product export orders decreased by 9.4 percent year on year to $9.74 billion.