Taiwan ExportsAugust 2022 Data - 1981-2021 Historical - September Forecast

Name: Taiwan Exports
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Taiwan,Exports,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

Exports from Taiwan expanded 2.0% year on year to US$ 40.34 billion in August of 2022 amid higher sales of electronic parts (12.0%), and mineral products (91.9%). However, there was a decline in the exports of information, communication, and audio-video products (-1.6%), base metals and base metal articles (-10.0%), and machinery (-5.4%). Among major destinations, sales advanced the most to ASEAN (17.6%) and Japan (16.2%). source: Ministry of Finance, R.O.C.

Exports in Taiwan averaged 14852.13 USD Million from 1981 until 2022, reaching an all time high of 43503.18 USD Million in March of 2022 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 2022.

Exports in Taiwan is expected to be 28500.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Taiwan Exports is projected to trend around 29500.00 USD Million in 2023, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Balance of Trade	2990.00	5030.00	USD Million	Aug 2022
Imports	37348.39	38289.53	USD Million	Aug 2022
Exports	40334.61	43323.37	USD Million	Aug 2022

Taiwan Exports

Taiwan's economy is export-oriented. Exports account for around 70 percent of total GDP and its composition have changed from predominantly agricultural commodities to industrial goods (now 98%) during the past 40 years. Main exports products are: electronics (33.1% of total), information, communication and audio-video products (10.8%), base metals (8.8%), plastics & rubber (7.1%), machinery (7.5 percent). Main exports partners are Mainland China & Hong Kong (40% of total), ASEAN countries (18.3%), USA (12%), Europe (9%) and Japan (7%).