Taiwan Balance of Trade  1981-2017 | Data | Chart | Calendar | Forecast

Taiwan recorded trade surplus of $3.4 billion in February of 2017, compared to $4.1 billion in a year earlier but higher than market consensus of $3.3 billion. Exports rose 27.7 percent to $22.7 billion, mainly driven by sales of parts of electronic products (29.7 percent); articles of base metal (35.4 percent), and information, communications and audio-video products (26.3 percent). Imports increased 42.1 percent to $19.3 billion, boosted by purchases of petroleum (105.3 percent); mineral products (72.4 percent); parts of electronic products (33.1 percent); base metals and articles of base metal (63 percent); machinery (41.2 percent), and chemicals (32.5 percent). Exports rose the most to China and Hong Kong (48.8 percent), followed by the ASEAN countries ( 27.7 percent); the US (8.6 percent). Imports increased from the ASEAN countries (47.5 percent), the US (29.4 percent), the Middle-East countries (69.4 percent), China and Hong Kong (33.7 percent), and Europe (22.9 percent). Balance of Trade in Taiwan averaged 1446.61 USD Million from 1981 until 2017, reaching an all time high of 5735.94 USD Million in October of 2015 and a record low of -847.44 USD Million in February of 2006.

Taiwan Balance of Trade
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-01-09 08:00 AM Dec $4.86B $4.27B $4.2B
2017-02-07 08:00 AM Jan $3.5B $4.86B $4.29B $3.9B
2017-03-07 08:00 AM Feb $3.4B $3.5B $3.3B $3.8B
2017-04-11 08:00 AM Mar $3.4B
2017-05-09 08:00 AM Apr
2017-06-07 08:00 AM May




Taiwan Trade Last Previous Highest Lowest Unit
Balance of Trade 3360.00 3494.92 5735.94 -847.44 USD Million [+]
Exports 22660.11 23741.00 28585.12 1406.50 USD Million [+]
Imports 19300.00 20246.00 27132.35 1203.70 USD Million [+]
Current Account 18301.00 16170.00 21557.00 -851.00 USD Million [+]
Current Account to GDP 14.50 12.30 21.00 -1.90 percent [+]
External Debt 172238.00 171792.00 191703.00 31705.00 USD Million [+]
Terms of Trade 110.60 110.70 182.80 98.50 Index Points [+]
Capital Flows 19247.00 16883.00 24136.00 -8533.00 USD Million [+]
Remittances 52.00 56.00 65.00 8.00 USD Million [+]
Tourist Arrivals 824.80 1037.10 1037.10 40.30 Thousand [+]
Gold Reserves 423.63 423.63 423.89 421.23 Tonnes [+]
Foreign Direct Investment 366.86 403.55 3953.79 81.58 USD Million [+]
Crude Oil Production 0.20 0.20 1.30 0.19 BBL/D/1K [+]
Terrorism Index 0.08 0.15 0.31 0.00 [+]



Taiwan Balance of Trade Notes

Foreign trade has been the engine of Taiwan's rapid growth during the past 40 years. Main export products are electronics, base metals, information, communication and audio-video products, machinery and plastics & rubber. Taiwan imports mostly parts of electronic products, mineral products and base metals, machinery and chemicals. Main trading partners are Mainland China & Hong Kong, USA, Japan, Europe and ASEAN countries. This page provides - Taiwan Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Taiwan Balance of Trade - actual data, historical chart and calendar of releases - was last updated on March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
3360.00 3494.92 5735.94 -847.44 1981 - 2017 USD Million Monthly
NSA



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Kuwait 1693.00 Dec/16
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Laos -339.15 Jun/16
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Nigeria 227044.30 Dec/16
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Norway 23539.00 Feb/17
Oman 205.90 Nov/16
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