Exports from Taiwan jumped 11.2 percent year-on-year to a record of USD 2.23 billion in October of 2020, mainly due to higher sales of parts of electronic products (21.8 percent) and information, communication and audio-video products (120.8 percent). Shipments went up mainly to China (16.9 percent), ASEAN countries (2.6 percent) and the US (21.4 percent). source: Ministry of Finace, R.O.C.

Exports in Taiwan averaged 13775.24 USD Million from 1981 until 2020, reaching an all time high of 32231.85 USD Million in October of 2020 and a record low of 1406.50 USD Million in February of 1981. This page provides - Taiwan Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news. Taiwan Exports - data, historical chart, forecasts and calendar of releases - was last updated on November of 2020.

Exports in Taiwan is expected to be 27900.00 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 28000.00 in 12 months time. In the long-term, the Taiwan Exports is projected to trend around 28500.00 USD Million in 2021 and 29500.00 USD Million in 2022, according to our econometric models.

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Taiwan Exports

Actual Previous Highest Lowest Dates Unit Frequency
32231.85 30712.03 32231.85 1406.50 1981 - 2020 USD Million Monthly

Calendar GMT Actual Previous Consensus TEForecast
2020-08-07 08:00 AM Jul 0.4% -3.8% -0.22%
2020-09-07 08:00 AM Aug 8.3% 0.4% 1.6%
2020-10-07 08:00 AM Sep 9.4% 8.3% 6.6%
2020-11-09 08:00 AM Oct 11.2% 9.4% 4.2%
2020-12-07 08:00 AM Nov 11.2%
2021-01-07 08:00 AM Dec
2021-02-07 08:00 AM Jan
2021-03-09 08:00 AM Feb

Taiwan Exports
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%).

United Nations Comtrade Database
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