Imports in Taiwan soared 40.9 percent to USD 31.25 billion in May of 2021, the seventh consecutive month of increases and largely surpassed estimates of a 25.7 percent climb. Purchases went up mostly for machines & electrical equipment (34.2 percent); mineral products (73.8 percent); chemicals (36.3 percent); and base metals & products thereof (60.8 percent). source: Ministry of Finance, R.O.C.

Imports in Taiwan averaged 12289.20 USD Million from 1981 until 2021, reaching an all time high of 32225.38 USD Million in March of 2021 and a record low of 1203.70 USD Million in February of 1983. This page provides - Taiwan Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news. Taiwan Imports - data, historical chart, forecasts and calendar of releases - was last updated on June of 2021.

Imports in Taiwan is expected to be 24550.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Taiwan to stand at 26500.00 in 12 months time. In the long-term, the Taiwan Imports is projected to trend around 26500.00 USD Million in 2022, according to our econometric models.

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Taiwan Imports

Actual Previous Highest Lowest Dates Unit Frequency
31254.33 28785.79 32225.38 1203.70 1981 - 2021 USD Million Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-03-09 08:00 AM Feb 5.7% 29.9% 12.2%
2021-04-09 08:00 AM Mar 27% 5.7% 12.1%
2021-05-07 08:00 AM Apr 26.4% 27% 24%
2021-06-08 08:00 AM May 40.9% 26.4% 25.7%


Taiwan Imports
A lack of natural resources had made Taiwan dependent on imports. Taiwan imports mostly parts of electronic products (18.2% of total), mineral products (15.2%), machinery (12.4%), chemicals (10.8%) and base metals (7.3%). Main import partners are Mainland China & Hong Kong (19.6% of total), Japan (17.6%), Europe (12.6%), USA (12.4%), ASEAN countries (11.8%) and Middle East (7.7%).

United Nations Comtrade Database
Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category