Imports to Taiwan tumbled 5.9 percent year-on-year to USD 23.22 billion in May 2019, missing market consensus of a 1.25 percent gain, as purchases declined for parts of electronic products (-0.3%); mineral products (-3.1%); chemicals (-15%); machinery (-6.7%) and base metals (-19.7%). Purchases went down from China & Hong Kong (-4.1%), Japan (-14.3%), ASEAN (-10.9%), Europe (-5.9%) and Middle East (-10.9%). Imports in Taiwan averaged 11645.37 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 24400.00 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
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2019-03-08 08:00 AM Imports YoY -19.7% 6.8% 3.6%
2019-04-08 08:00 AM Imports YoY 6.6% -19.7% -6.7%
2019-05-07 08:00 AM Imports YoY 2.6% 6.6% 3.5%
2019-06-10 08:00 AM Imports YoY -5.9% 2.6% 1.25%
2019-07-08 08:00 AM Imports YoY -5.9%
2019-08-07 08:00 AM Imports YoY
2019-09-07 08:00 AM Imports YoY


Taiwan Trade Last Previous Highest Lowest Unit
Balance of Trade 4490.00 2690.00 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 23224.14 23148.95 27132.35 1203.70 USD Million [+]
Exports 27717.09 25834.08 29985.19 1406.50 USD Million [+]
External Debt 195030.00 191161.00 202611.00 31705.00 USD Million [+]
Terms of Trade 91.30 91.90 169.30 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 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 June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
23224.14 23148.95 27132.35 1203.70 1981 - 2019 USD Million Monthly
NSA




Related

Latest