Taiwan Balance of Trade  1981-2016 | Data | Chart | Calendar | Forecast

Taiwan trade surplus narrowed to $4.38 billion in October of 2016 from a $5.74 billion surplus a year earlier and lower than market expectations of $5.35 billion. Imports jumped 19.5 percent year-on-year to $22.4 billion, the biggest gain since January of 2013 and boosted by purchases of parts of electronic products (+29.4 percent); mineral products (+22.3 percent) and machinery (+55.1 percent). Exports jumped 9.4 percent to $26.75 billion, the biggest gain since August of 2014, boosted by sales of parts of electronic products (+15.3 percent) and information, communication and audio-video products (+18.2 percent). Among trading partners, all major markets showed rising demand, with shipments increasing the most to China and Hong Kong (+14.9 percent), ASEAN countries (+13.2 percent), US (+7.8 percent), Europe (+6.8 percent) and Japan (+3.5 percent). Imports from Europe jumped the most (+42.4 percent). Balance of Trade in Taiwan averaged 1427.35 USD Million from 1981 until 2016, 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)
2016-09-07 08:00 AM Aug $3.99B $3.61B $4.23B $ 3.6B
2016-10-07 08:00 AM Sep $4.37B $3.99B $ 3.93B $ 4.9B
2016-11-07 08:00 AM Oct $4.38B $4.37B $5.35B $ 5.1B
2016-12-07 08:00 AM Nov $4.38B $3.215B $ 3.3B
2017-01-08 08:00 AM Dec
2017-02-16 08:00 AM Jan




Taiwan Trade Last Previous Highest Lowest Unit
Balance of Trade 4376.70 4374.18 5735.94 -847.44 USD Million [+]
Exports 26749.38 22560.03 28585.12 1406.50 USD Million [+]
Imports 22372.68 18185.85 27132.35 1203.70 USD Million [+]
Current Account 17090.00 17195.00 21482.00 -851.00 USD Million [+]
Current Account to GDP 14.50 12.30 21.00 -1.90 percent [+]
External Debt 171792.00 163204.00 191703.00 31705.00 USD Million [+]
Terms of Trade 114.30 115.40 182.80 98.50 Index Points [+]
Capital Flows 17279.00 18702.00 24872.00 -13526.00 USD Million [+]
Remittances 52.00 56.00 65.00 8.00 USD Million [+]
Tourist Arrivals 845.87 772.24 1034.73 40.30 Thousand [+]
Gold Reserves 423.63 422.70 423.89 421.23 Tonnes [+]
Foreign Direct Investment 207.46 3457.05 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, basic metals, plastics & rubber, optical and photographic instruments and chemicals. Taiwan imports mostly mineral products and basic metals, electronic products, chemicals, machinery. 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 December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
4376.70 4374.18 5735.94 -847.44 1981 - 2016 USD Million Monthly
NSA



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