In December last year, the value of Taiwan's iron and steel exports decreased by 1.6 percent year on year to $1.57 billion, according to the preliminary statistics issued by Taiwan's Ministry of Finance. In the given month, the country's iron and steel import value totaled $960 million, up 7.7 percent year on year.
In the full year of 2018, the value of Taiwan's iron and steel exports rose by 9.7 percent to $19.02 billion, while the value of the country's imports of iron and steel totaled $11.08 billion, increasing by 18.5 percent, both on year-on-year basis.