Imports to Taiwan dropped 5.4 percent year-on-year to USD 24.64 billion in July 2019, amid lower purchases of mineral products (-15.9 percent); machinery (-1.3 percent); chemicals (-12.9 percent) and base metals & related articles (-10.3 percent). Imports went down from ASEAN (-5.4 percent); Japan (-9.5 percent); the US (-8.3 percent); Europe (-3.0 percent) and Middle East (-15.6 percent). Imports in Taiwan averaged 11701.19 USD Million from 1981 until 2019, reaching an all time high of 27132.35 USD Million in May of 2011 and a record low of 1203.70 USD Million in February of 1983.

Imports in Taiwan is expected to be 24300.00 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 24900.00 in 12 months time. In the long-term, the Taiwan Imports is projected to trend around 26500.00 USD Million in 2020, according to our econometric models.

Taiwan Imports
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2019-05-07 08:00 AM Imports YoY Apr 2.6% 6.6% 3.5%
2019-06-10 08:00 AM Imports YoY May -5.9% 2.6% 1.25%
2019-07-08 08:00 AM Imports YoY Jun 6.6% -5.9% -0.52%
2019-08-07 08:00 AM Imports YoY Jul -5.4% 6.6% 0.9%
2019-09-07 08:00 AM Imports YoY Aug
2019-10-08 08:00 AM Imports YoY Sep
2019-11-07 08:00 AM Imports YoY Oct


Taiwan Trade Last Previous Highest Lowest Unit
Balance of Trade 3570.00 3870.00 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 24635.75 24514.18 27132.35 1203.70 USD Million [+]
Exports 28203.28 28385.57 29985.19 1406.50 USD Million [+]
External Debt 195030.00 191161.00 202611.00 31705.00 USD Million [+]
Terms of Trade 88.10 91.80 169.30 85.30 Index Points [+]
Capital Flows 17380.00 21872.00 28065.00 -1029.00 USD Million [+]
Tourist Arrivals 932.70 1039.76 1125.11 40.30 Thousand [+]
Gold Reserves 423.60 423.60 423.89 421.23 Tonnes [+]
Foreign Direct Investment 457.70 1060.04 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 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%). This page provides - Taiwan Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news. Taiwan Imports - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
24635.75 24514.18 27132.35 1203.70 1981 - 2019 USD Million Monthly
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