Imports to Taiwan went up 1.1 percent year-on-year to USD 23.16 billion in November 2018, below estimates of 9.7 percent. Higher purchases of mineral products (+27.5 percent), namely petroleum (+55.8 percent), were partly offset by lower imports of machinery & electrical equipment (-2.1 percent); chemicals (-1.6 percent) and base metals & articles of base metal (-4.7 percent). Imports rose from the US (8.1 percent); Korea (9.1 percent) and Vietnam (11.7 percent); while those from China (-4.6 percent); Japan (-27 percent) and Singapore (-19 percent) declined. Imports in Taiwan averaged 11497.03 USD Million from 1981 until 2018, 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 24500.00 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 23300.00 in 12 months time. In the long-term, the Taiwan Imports is projected to trend around 19500.00 USD Million in 2020, according to our econometric models.

Taiwan Imports
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-07 08:00 AM Imports YoY 7.9% 20.5% 13.3%
2018-10-08 08:00 AM Imports YoY 13.9% 7.9% 6.75%
2018-11-07 08:00 AM Imports YoY 17.6% 13.9% 10%
2018-12-07 08:00 AM Imports YoY 1.1% 17.6% 9.7%
2019-01-07 08:00 AM Imports YoY 1.1%
2019-02-07 08:00 AM Imports YoY
2019-03-07 08:00 AM Imports YoY


Taiwan Trade Last Previous Highest Lowest Unit
Balance of Trade 4652.39 3356.15 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 23156.58 26209.73 27132.35 1203.70 USD Million [+]
Exports 27808.97 29565.88 29990.44 1406.50 USD Million [+]
External Debt 202611.00 199051.00 202611.00 31705.00 USD Million [+]
Terms of Trade 92.90 91.20 169.30 85.30 Index Points [+]
Capital Flows 11195.00 12259.00 24474.00 -1029.00 USD Million [+]
Tourist Arrivals 959.77 836.59 1112.21 40.30 Thousand [+]
Gold Reserves 423.60 423.60 423.89 421.23 Tonnes [+]
Foreign Direct Investment 775.44 645.72 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 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
23156.58 26209.73 27132.35 1203.70 1981 - 2018 USD Million Monthly
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