Taiwan Balance of Trade  1981-2018 | Data | Chart | Calendar | Forecast

Taiwan's trade surplus shrank to $4.5 billion in August of 2018 from $5.7 billion in the corresponding month of the previous year, but above market consensus of a $3.9 billion surplus. Imports grew 7.9% to $23.77 billion, below market estimates of a 13.3% gain, driven by purchases of parts of electronic products (10.5%); mineral products (29.5%), namely oil (34.3%); machinery (26.1%) and chemicals (4.5%). Imports rose from ASEAN (+21.2%); Japan (+2.4%); the US (+12.7%); Europe (+19.6%) and Middle East (23.8%); contrarily, purchases from China fell 6.7%. Meantime, exports went up at as softer 1.9% to $28.30 billion and below market expectations of a 5.05% rise. Sales were stronger for parts of electronic products (1.3%); information & communication products (0.3%) and machinery (1.8%). On the other hand, sales of base metal & articles thereof declined 3.5%. Among key trading partners, exports grew to China (+3%); Japan (+7.6%); the US (+2.7%) and Europe (+6.7%). Balance of Trade in Taiwan averaged 1578.45 USD Million from 1981 until 2018, reaching an all time high of 6662.67 USD Million in September of 2017 and a record low of -847.44 USD Million in February of 2006.

Taiwan Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2018-07-09 08:00 AM Balance of Trade $5.21B $4.41B $4.901B $ 5.4B
2018-08-07 08:00 AM Balance of Trade $2.24B $5.21B $5.179B $ 4.5B
2018-09-07 08:00 AM Balance of Trade $4.53B $2.24B $3.872B $ 2.8B
2018-10-08 08:00 AM Balance of Trade $4.53B $ 3.1B
2018-11-07 08:00 AM Balance of Trade $ 4.8B
2018-12-07 08:00 AM Balance of Trade $ 5.2B


Taiwan Trade Last Previous Highest Lowest Unit
Balance of Trade 4524.71 2242.23 6662.67 -847.44 USD Million [+]
Exports 28295.50 28361.99 29990.44 1406.50 USD Million [+]
Imports 23770.79 26119.76 27132.35 1203.70 USD Million [+]
Current Account 17820.00 19354.00 25639.00 -851.00 USD Million [+]
Current Account to GDP 14.70 13.70 21.00 -1.90 percent [+]
External Debt 199051.00 192281.00 199051.00 31705.00 USD Million [+]
Terms of Trade 92.70 93.20 169.30 85.30 Index Points [+]
Capital Flows 14793.00 21180.00 25074.00 -1029.00 USD Million [+]
Tourist Arrivals 853.35 857.58 1112.21 40.30 Thousand [+]
Gold Reserves 423.60 423.60 423.89 421.23 Tonnes [+]
Foreign Direct Investment 3002.14 212.09 3953.79 81.58 USD Million [+]
Crude Oil Production 0.20 0.20 1.30 0.20 BBL/D/1K [+]
Terrorism Index 0.50 0.08 0.50 0.00 [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Taiwan Balance of Trade

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 September of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
4524.71 2242.23 6662.67 -847.44 1981 - 2018 USD Million Monthly
NSA




balance of trade by Country
Country Last
Argentina -789.00 Jul/18
Australia 1551.00 Jul/18
Brazil 3774.99 Aug/18
Canada -114.30 Jul/18
China 279.10 Aug/18
Euro Area 17555.60 Jul/18
France -3490.00 Jul/18
Germany 16461.00 Jul/18
India -17390.00 Aug/18
Indonesia -1021.40 Aug/18
Italy 5676.00 Jul/18
Japan -445.00 Aug/18
Mexico -2889.20 Jul/18
Netherlands 4612.00 Jul/18
Russia 13402.00 Jul/18
Saudi Arabia 120299.00 Mar/18
Singapore 6755.10 Aug/18
South Africa -4657.00 Jul/18
South Korea 6900.00 Aug/18
Spain -2448240.00 Jun/18
Switzerland 1154.26 Jul/18
Turkey -5980.00 Jul/18
United Kingdom -111.00 Jul/18
United States -50082.00 Jul/18


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