Taiwan's trade surplus narrowed to USD 6.08 billion in December 2024 from USD 11.18 billion in the corresponding month of the previous year, below market expectations of USD 8.51 billion. Imports surged 30.4% year-on-year to USD 37.51 billion, primarily attributed to higher purchases of information, communication and audio-video products (71.1%), parts of electronic products (56.6%), and machinery (32.6%). Meanwhile, exports rose at a softer 9.2% from a year earlier to USD 43.59 billion, mainly due to increased sales of information, communication and audio-video products (16%), parts of electronic products (8.6%), and base metals and articles of base metals (3.4%). Considering the whole period of 2024, the country’s trade surplus was recorded at USD 80.61 billion, a 0.2% lower compared to the previous year, with exports rising 9.9% and imports increasing by 12.2%. source: Ministry of Finance, R.O.C.

Taiwan recorded a trade surplus of 6075 USD Million in December of 2024. Balance of Trade in Taiwan averaged 2102.73 USD Million from 1981 until 2024, reaching an all time high of 11490.00 USD Million in August of 2024 and a record low of -847.40 USD Million in February of 2006. This page provides - Taiwan Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Taiwan Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on January of 2025.

Taiwan recorded a trade surplus of 6075 USD Million in December of 2024. Balance of Trade in Taiwan is expected to be 10500.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations.




Calendar GMT Reference Actual Previous Consensus TEForecast
2024-12-09 08:00 AM
Balance of Trade
Nov $7.92B $6.87B $7.44B $9.0B
2025-01-09 08:00 AM
Balance of Trade
Dec $6.08B $7.92B $8.51B $ 9.5B
2025-02-07 08:00 AM
Balance of Trade
Jan $6.08B


Related Last Previous Unit Reference
Balance of Trade 6075.00 7920.00 USD Million Dec 2024
Exports 43587.00 41087.00 USD Million Dec 2024
Exports YoY 9.20 9.70 percent Dec 2024
Imports 37512.00 33164.00 USD Million Dec 2024
Imports YoY 30.40 19.80 percent Dec 2024

Taiwan Balance of Trade
Foreign trade has been the engine of Taiwan's rapid growth during the past 40 years. Main export products are electronics, base metals, information, communication and audio-video products, machinery and plastics & rubber. Taiwan imports mostly parts of electronic products, mineral products and base metals, machinery and chemicals. Main trading partners are Mainland China & Hong Kong, USA, Japan, Europe and ASEAN countries.
Actual Previous Highest Lowest Dates Unit Frequency
6075.00 7920.00 11490.00 -847.40 1981 - 2024 USD Million Monthly
NSA


News Stream
Taiwan Trade Surplus Narrows in December
Taiwan's trade surplus narrowed to USD 6.08 billion in December 2024 from USD 11.18 billion in the corresponding month of the previous year, below market expectations of USD 8.51 billion. Imports surged 30.4% year-on-year to USD 37.51 billion, primarily attributed to higher purchases of information, communication and audio-video products (71.1%), parts of electronic products (56.6%), and machinery (32.6%). Meanwhile, exports rose at a softer 9.2% from a year earlier to USD 43.59 billion, mainly due to increased sales of information, communication and audio-video products (16%), parts of electronic products (8.6%), and base metals and articles of base metals (3.4%). Considering the whole period of 2024, the country’s trade surplus was recorded at USD 80.61 billion, a 0.2% lower compared to the previous year, with exports rising 9.9% and imports increasing by 12.2%.
2025-01-09
Taiwan Trade Surplus Narrows in November
Taiwan's trade surplus narrowed to USD 7.92 billion in November 2024 from USD 9.82 billion in the corresponding month of the previous year, although above market expectations of USD 7.44 billion. Imports surged 19.8% year-on-year to USD 33.16 billion, primarily attributed to higher purchases of parts of electronic products (32%), machinery (9.3%) and chemicals (1.8%). Meanwhile, exports rose at a slower 9.7% from a year earlier to USD 41.09 billion, mainly due to increased sales of parts of electronic product (14.6%), information, communication and audio-video products (11.7%) and plastics and rubber and articles thereof (9.1%). Considering January to November period, the country’s trade surplus was recorded at USD 74.37 billion, a 6.8% higher compared to the corresponding period last year, with exports rising 9.9% and imports increasing by 10.6%.
2024-12-09
Taiwan Trade Surplus Tops Forecasts
Taiwan's trade surplus increased to USD 6.87 billion in October 2024 from USD 5.76 billion in the same month of the previous year, above market forecasts of USD 6.15 billion. Exports advanced by 8.4% year-on-year to USD 41.3 billion, mainly driven by higher sales of information, communication and audio-video products (28%), base metals and articles of base metals (6.2%), parts of electronic products (6.1%), and machinery (1.5%). Meanwhile, imports rose at a softer 6.5% from a year earlier to USD 34.4 billion, primarily attributed to increased purchases of information, communication and audio-video products (18.6%), parts of electronic products (14.9%), and machinery (13.6%). Considering January to October period, the country’s trade surplus was recorded at USD 66.45 billion, 11% higher compared to the corresponding period last year, with exports rising 10% and imports increasing by 9.8%.
2024-11-08