Imports to Taiwan fell 1 percent year-on-year to USD 24.77 billion in October of 2020, pushed down mainly by purchases of mineral products (-29.5 percent) and chemicals (-7.5 percent). Imports from the ASEAN countries went down 5.5 percent while those from China increased 5 percent. source: Ministry of Finance, R.O.C.

Imports in Taiwan averaged 12055.90 USD Million from 1981 until 2020, reaching an all time high of 27075.89 USD Million in May of 2011 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 November of 2020.

Imports in Taiwan is expected to be 23500.00 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 25500.00 in 12 months time. In the long-term, the Taiwan Imports is projected to trend around 26500.00 USD Million in 2021, according to our econometric models.

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Taiwan Imports

Actual Previous Highest Lowest Dates Unit Frequency
24768.54 23575.76 27075.89 1203.70 1981 - 2020 USD Million Monthly

Calendar GMT Actual Previous Consensus TEForecast
2020-08-07 08:00 AM Jul -6.8% -8.6% -3.1%
2020-09-07 08:00 AM Aug 8.5% -6.8% 0.7%
2020-10-07 08:00 AM Sep -5.4% 8.5% 3%
2020-11-09 08:00 AM Oct -1% -5.4% -2.5%
2020-12-09 08:00 AM Nov -1%
2021-01-07 08:00 AM Dec
2021-02-07 08:00 AM Jan
2021-03-09 08:00 AM Feb

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