Taiwan's exports plunged 35.7% year-on-year in March to US$15.59 billion, the Finance Ministry said Tuesday. The decline was close to analysts' expectations for a 35.3% fall and it was the seventh consecutive month of decline.

Total imports amounted to US$12.17 billion, down 49.5% over the same month of last year, sharper than the expected 44.5% decline.

Hence, there was a trade surplus of US$3.41 billion in March.

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