Taiwan’s basic metal and metal product export orders saw a notable decline in April, according to data from the Ministry of Economic Affairs. Orders amounted to $1.99 billion, marking an 11.1 percent decrease compared to April 2024 and a 7.3 percent drop from March. This follows a strong March performance when export orders surged by 15.4 percent month on month.
In the first four months of the year, Taiwan’s basic metal export orders totaled $7.77 billion, reflecting a nine percent year-on-year decline. The contraction highlights ongoing volatility in global demand and market uncertainty, potentially influenced by fluctuating steel prices and macroeconomic conditions.
Despite the dip in April, Taiwan’s metal sector remains a key player in international trade. Industry experts will likely monitor trends in the coming months, evaluating strategies to stabilize exports and sustain competitiveness in global markets.
