Exports from Taiwan climbed 8.3 percent from a year earlier to USD 31.174 billion in August of 2020, boosted by higher sales of parts of electronic products (19.1 percent) and information, communication and audio-video products (21 percent). Among major trading partners, exports increased to China & Hong Kong (22.9 percent) and the US (13.9 percent), but fell for ASEAN countries (-3.3 percent) and Europe (-4.2 percent).
Exports in Taiwan averaged 13700.99 USD Million from 1981 until 2020, reaching an all time high of 31174.15 USD Million in August of 2020 and a record low of 1406.50 USD Million in February of 1981. This page provides - Taiwan Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news. Taiwan Exports - data, historical chart, forecasts and calendar of releases - was last updated on September of 2020.
Exports in Taiwan is expected to be 25500.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Taiwan to stand at 28500.00 in 12 months time. In the long-term, the Taiwan Exports is projected to trend around 28500.00 USD Million in 2021 and 29500.00 USD Million in 2022, according to our econometric models.