Imports to Taiwan decreased 0.6 percent from a year earlier to USD 24.97 billion in September 2019, driven by a decline in purchases of mineral products (-27.5 percent), such as petroleum (-33.1 percent), and chemicals (-7.8 percent). Still, increases were seen in imports of machinery (36.2 percent), parts of electronic products (12.6 percent) and information, communication & audio-video products (9.7 percent). Imports dropped from the US (-9.6 percent) and the Middle East (-25.9 percent), but increased from China & Hong Kong (9.5 percent), ASEAN (7 percent), Japan (4.1 percent) and Europe (7.3 percent). Imports in Taiwan averaged 11750.32 USD Million from 1981 until 2019, reaching an all time high of 27132.35 USD Million in May of 2011 and a record low of 1203.70 USD Million in February of 1983.

Imports in Taiwan is expected to be 22400.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Taiwan to stand at 22900.00 in 12 months time. In the long-term, the Taiwan Imports is projected to trend around 26500.00 USD Million in 2020, according to our econometric models.

Taiwan Imports
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Calendar GMT Actual Previous Consensus TEForecast
2019-07-08 08:00 AM Imports YoY Jun 6.6% -5.9% -0.52%
2019-08-07 08:00 AM Imports YoY Jul -5.4% 6.6% 0.9%
2019-09-09 08:00 AM Imports YoY Aug -2.7% -5.4% -0.5% -0.1%
2019-10-07 08:00 AM Imports YoY Sep -0.6% -2.7% -3.15%
2019-11-08 08:00 AM Imports YoY Oct -0.6%
2019-12-09 08:00 AM Imports YoY Nov


Taiwan Trade Last Previous Highest Lowest Unit
Balance of Trade 3131.45 5987.61 6662.67 -847.44 USD Million [+]
Current Account 17555.00 17244.00 28019.00 -851.00 USD Million [+]
Current Account to GDP 11.60 14.70 21.00 -1.90 percent [+]
Imports 24972.00 22821.33 27132.35 1203.70 USD Million [+]
Exports 28103.45 28808.94 29985.19 1406.50 USD Million [+]
External Debt 187182.00 195030.00 202611.00 31705.00 USD Million [+]
Terms of Trade 92.10 89.60 169.30 85.30 Index Points [+]
Capital Flows 16151.00 17380.00 28065.00 -1029.00 USD Million [+]
Tourist Arrivals 1030.94 988.77 1125.11 40.30 Thousand [+]
Gold Reserves 423.63 423.60 423.89 421.23 Tonnes [+]
Foreign Direct Investment 2535.29 468.90 3953.79 81.58 USD Million [+]
Terrorism Index 0.94 0.50 0.94 0.00 [+]


United Nations Comtrade Database
Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category

Taiwan Imports

A lack of natural resources had made Taiwan dependent on imports. Taiwan imports mostly parts of electronic products (18.2% of total), mineral products (15.2%), machinery (12.4%), chemicals (10.8%) and base metals (7.3%). Main import partners are Mainland China & Hong Kong (19.6% of total), Japan (17.6%), Europe (12.6%), USA (12.4%), ASEAN countries (11.8%) and Middle East (7.7%). This page provides - Taiwan Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news. Taiwan Imports - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
24972.00 22821.33 27132.35 1203.70 1981 - 2019 USD Million Monthly
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