Taiwan Exports

Exports from Taiwan increased 0.5 percent from a year earlier to USD 28.39 billion in June 2019, defying market forecasts of a 4 percent fall, driven by sales of information, communication and audio-video products (20.2 percent) and parts of electronic product (3.3 percent). By contrast, declines were seen in exports of plastics & rubber (-10.1 percent), base metals (-10 percent), and machinery (-6.3 percent). Among major trade partners, exports rose to the US (18.5 percent), but declined to all other key partners: Mainland China & Hong Kong (-3.8 percent); ASEAN (-7.1 percent); Europe (-8.6 percent); and Japan (-0.4 percent). Exports in Taiwan averaged 13298.10 USD Million from 1981 until 2019, reaching an all time high of 29985.19 USD Million in March of 2018 and a record low of 1406.50 USD Million in February of 1981.

Exports in Taiwan is expected to be 26100.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Taiwan to stand at 28900.00 in 12 months time. In the long-term, the Taiwan Exports is projected to trend around 32900.00 USD Million in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	Consensus
2019-04-08	08:00 AM	Exports YoY Mar	-4.4%	-8.8%	-8.3%
2019-05-07	08:00 AM	Exports YoY Apr	-3.3%	-4.4%	-3.1%
2019-06-10	08:00 AM	Exports YoY May	-4.8%	-3.3%	-4.5%
2019-07-08	08:00 AM	Exports YoY Jun	0.5%	-4.8%	-4%
2019-08-07	08:00 AM	Exports YoY Jul		0.5%
2019-09-07	08:00 AM	Exports YoY Aug
2019-10-08	08:00 AM	Exports YoY Sep

Taiwan Trade	Last	Previous	Highest	Lowest	Unit
Balance of Trade	3871.39	4492.95	6662.67	-847.44	USD Million	[+]
Current Account	17089.00	20720.00	28019.00	-851.00	USD Million	[+]
Current Account to GDP	11.60	14.70	21.00	-1.90	percent	[+]
Imports	24514.18	23224.14	27132.35	1203.70	USD Million	[+]
Exports	28385.57	27717.09	29985.19	1406.50	USD Million	[+]
External Debt	195030.00	191161.00	202611.00	31705.00	USD Million	[+]
Terms of Trade	91.80	91.30	169.30	85.30	Index Points	[+]
Capital Flows	17380.00	21872.00	28065.00	-1029.00	USD Million	[+]
Tourist Arrivals	1101.39	974.26	1125.11	40.30	Thousand	[+]
Gold Reserves	423.60	423.60	423.89	421.23	Tonnes	[+]
Foreign Direct Investment	1060.04	971.46	3953.79	81.58	USD Million	[+]
Crude Oil Production	0.20	0.20	1.30	0.20	BBL/D/1K	[+]
Terrorism Index	0.94	0.50	0.94	0.00		[+]

Exports by Country | Exports by Category | Imports by Country | Imports by Category

Taiwan's economy is export-oriented. Exports account for around 70 percent of total GDP and its composition have changed from predominantly agricultural commodities to industrial goods (now 98%) during the past 40 years. Main exports products are: electronics (33.1% of total), information, communication and audio-video products (10.8%), base metals (8.8%), plastics & rubber (7.1%), machinery (7.5 percent). Main exports partners are Mainland China & Hong Kong (40% of total), ASEAN countries (18.3%), USA (12%), Europe (9%) and Japan (7%). This page provides - Taiwan Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news. Taiwan Exports - actual data, historical chart and calendar of releases - was last updated on July of 2019.