Taiwan’s trade surplus shrank sharply to USD 0.91 billion in January of 2019 from USD 2.69 billion in the corresponding month of the previous year, missing market expectations of a USD 3.285 billion surplus. Exports decreased 0.3 percent, less than an expected 2.9 percent decline, mainly due to lower sales to China (-7.5 percent). On the other hand, shipments rose to the US (+21.2 percent); Japan (+13.6 percent) and Europe (+11.4 percent). Meantime, imports climbed 6.8 percent, against market consensus of a 3.7 percent fall. Balance of Trade in Taiwan averaged 1600.58 USD Million from 1981 until 2019, 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.

Balance of Trade in Taiwan is expected to be 3400.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Taiwan to stand at 4800.00 in 12 months time. In the long-term, the Taiwan Balance of Trade is projected to trend around 3400.00 USD Million in 2020, according to our econometric models.

Taiwan Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2018-11-07 08:00 AM Balance of Trade $3.36B $4.33B $4.398B $ 4.8B
2018-12-07 08:00 AM Balance of Trade $4.65B $3.36B $3.968B $ 5.2B
2019-01-07 08:00 AM Balance of Trade $4.71B $4.65B $5.123B
2019-02-15 08:00 AM Balance of Trade $0.91B $4.71B $3.285B $3.3B
2019-03-08 08:00 AM Balance of Trade $0.91B
2019-04-09 08:00 AM Balance of Trade
2019-05-07 08:00 AM Balance of Trade


Taiwan Trade Last Previous Highest Lowest Unit
Balance of Trade 910.00 4710.00 6662.67 -847.44 USD Million [+]
Current Account 14040.00 16360.00 25639.00 -851.00 USD Million [+]
Current Account to GDP 14.70 13.70 21.00 -1.90 percent [+]
Imports 26375.00 23893.76 27132.35 1203.70 USD Million [+]
Exports 27299.60 28606.38 29990.44 1406.50 USD Million [+]
External Debt 202611.00 199051.00 202611.00 31705.00 USD Million [+]
Terms of Trade 92.70 93.80 169.30 85.30 Index Points [+]
Capital Flows 11195.00 12259.00 24474.00 -1029.00 USD Million [+]
Tourist Arrivals 1125.11 1019.02 1125.11 40.30 Thousand [+]
Gold Reserves 423.60 423.60 423.89 421.23 Tonnes [+]
Foreign Direct Investment 2930.63 508.48 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 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 February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
910.00 4710.00 6662.67 -847.44 1981 - 2019 USD Million Monthly
NSA




Country Last Previous
Argentina 1369.00 Dec/18
Australia 3681.00 Dec/18
Brazil 2190.00 Jan/19
Canada -2060.10 Nov/18
China 391.60 Jan/19
Euro Area 16990.70 Dec/18
France -4653.00 Dec/18
Germany 13900.00 Dec/18
India -14730.00 Jan/19
Indonesia -1159.50 Jan/19
Italy 3658.00 Dec/18
Japan -55.29 Dec/18
Mexico 1836.32 Dec/18
Netherlands 3572.00 Dec/18
Russia 18856.00 Dec/18
Saudi Arabia 184673.00 Sep/18
Singapore 1943.12 Dec/18
South Africa 17167.41 Dec/18
South Korea 1336.00 Jan/19
Spain -2568800.00 Nov/18
Switzerland 1787.14 Dec/18
Turkey -2674.41 Dec/18
United Kingdom -3229.00 Dec/18
United States -49313.00 Nov/18


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