Imports to Taiwan surged 6.6 percent from a year earlier to USD 25.6 billion in March 2019, buoyed by purchases of machinery (51.8 percent), parts of electronic product (6.4 percent) and petroleum (5.3 percent). Meanwhile, there were decreases in imports of chemicals (-5.5 percent) and base metals (-5.4 percent). Imports rose from China & Hong Kong (16.1 percent), ASEAN (8.4 percent), Japan (11.3 percent), the US (14.1 percent) and Europe (4.5 percent), but fell from the Middle East (-9.4 percent). Imports in Taiwan averaged 11595.08 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 22400.00 in 12 months time. In the long-term, the Taiwan Imports is projected to trend around 19500.00 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
2019-01-07 08:00 AM Imports YoY 2.2% 1.1% -1.54%
2019-02-15 08:00 AM Imports YoY 6.8% 2.2% -3.7%
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 6.6%
2019-06-08 08:00 AM Imports YoY
2019-07-09 08:00 AM Imports YoY


Taiwan Trade Last Previous Highest Lowest Unit
Balance of Trade 3119.89 4925.51 6662.67 -847.44 USD Million [+]
Current Account 18650.00 14040.00 25639.00 -851.00 USD Million [+]
Current Account to GDP 11.60 14.70 21.00 -1.90 percent [+]
Imports 25559.40 15468.25 27132.35 1203.70 USD Million [+]
Exports 28679.29 20393.76 29985.19 1406.50 USD Million [+]
External Debt 191161.00 202611.00 202611.00 31705.00 USD Million [+]
Terms of Trade 92.10 91.90 169.30 85.30 Index Points [+]
Capital Flows 20157.00 11195.00 24474.00 -1029.00 USD Million [+]
Tourist Arrivals 956.20 875.12 1125.11 40.30 Thousand [+]
Gold Reserves 423.60 423.60 423.89 421.23 Tonnes [+]
Foreign Direct Investment 217.33 340.76 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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
25559.40 15468.25 27132.35 1203.70 1981 - 2019 USD Million Monthly
NSA




Related

Latest