Imports to Taiwan decreased by 5.4 percent from a year earlier to USD 23.58 billion in September 2020, missing market expectations of a 3.0 percent rise, due to lower purchases for machinery (-16.1 percent), mineral products (-29.3 percent) such as petroleum, chemicals (-9.1 percent), and information, communication and audio-video products (-3.6 percent). Imports declined from all key trade partners.
Imports in Taiwan averaged 12029.29 USD Million from 1981 until 2020, reaching an all time high of 27075.89 USD Million in May of 2011 and a record low of 1203.70 USD Million in February of 1983. This page provides - Taiwan Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news. Taiwan Imports - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020.
Imports in Taiwan is expected to be 23500.00 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 25500.00 in 12 months time. In the long-term, the Taiwan Imports is projected to trend around 26500.00 USD Million in 2021, according to our econometric models.