Taiwan's trade surplus shrank to USD 3.36 billion in October 2018 from USD 5.3 billion in the corresponding month of the previous year, and below market consensus of a USD 4.4 billion surplus. Imports jumped 17.6% to USD 26.2 billion, above market estimates of a 10% gain, driven by purchases of parts of electronic products (23.4%); mineral products (61.6%), namely oil (95.1%); chemicals (10.2%) and base metal & articles thereof (7.3%). Imports rose from China (+9.1%); ASEAN (+14.2%); Japan (+9.5%); the US (+27.0%); Europe (+11.5%) and Middle East (+48.7%). Meantime, exports went up at a softer 7.3% to USD 29.6 billion, but still beating market expectations of a 4.2% rise. Sales were stronger for parts of electronic products (1.0%); information & communication products (8.5%); base metals & articles thereof (14.2%) and machinery (2.7%). Among key trading partners, exports grew to China (+5.5%); ASEAN (+4.3%); Japan (+18.0%); the US (+10.4%) and Europe (+8.5%). Balance of Trade in Taiwan averaged 1588.50 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
2018-09-07 08:00 AM Balance of Trade $4.53B $2.24B $3.872B $ 2.8B
2018-10-08 08:00 AM Balance of Trade $4.33B $4.53B $5.2B $ 4.9B
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 $3.36B $ 5.2B


Taiwan Trade Last Previous Highest Lowest Unit
Balance of Trade 3356.10 4333.40 6662.67 -847.44 USD Million [+]
Exports 29565.88 29621.41 29990.44 1406.50 USD Million [+]
Imports 26209.73 25287.98 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 91.20 92.00 169.30 85.30 Index Points [+]
Capital Flows 14793.00 21180.00 25074.00 -1029.00 USD Million [+]
Tourist Arrivals 836.59 953.25 1112.21 40.30 Thousand [+]
Gold Reserves 423.60 423.60 423.89 421.23 Tonnes [+]
Foreign Direct Investment 645.72 551.50 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 November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
3356.10 4333.40 6662.67 -847.44 1981 - 2018 USD Million Monthly
NSA




Country Last
Argentina 314.00 Sep/18
Australia 3017.00 Sep/18
Brazil 6121.36 Oct/18
Canada -416.30 Sep/18
China 340.16 Oct/18
Euro Area 13141.70 Sep/18
France -5663.00 Sep/18
Germany 18395.00 Sep/18
India -17130.00 Oct/18
Indonesia -1819.90 Oct/18
Italy 1274.37 Sep/18
Japan 139.56 Sep/18
Mexico -194.00 Sep/18
Netherlands 4949.00 Sep/18
Russia 18485.00 Sep/18
Saudi Arabia 162782.00 Jun/18
Singapore 4520.91 Oct/18
South Africa -2950.00 Sep/18
South Korea 6552.00 Oct/18
Spain -3057300.00 Aug/18
Switzerland 1447.00 Sep/18
Turkey -1869.47 Sep/18
United Kingdom -27.00 Sep/18
United States -54019.00 Sep/18


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