Taiwan recorded a trade surplus of 2267 USD Million in April of 2020. Balance of Trade in Taiwan averaged 1665 USD Million from 1981 until 2020, reaching an all time high of 6604.45 USD Million in September of 2017 and a record low of -847.44 USD Million in February of 2006. 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. This page provides - Taiwan Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Exports in Taiwan decreased to 25238 USD Million in April from 28265.76 USD Million in March of 2020. Exports in Taiwan averaged 13576.73 USD Million from 1981 until 2020, reaching an all time high of 29792.85 USD Million in March of 2018 and a record low of 1406.50 USD Million in February of 1981. 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%). This page provides - Taiwan Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Imports in Taiwan decreased to 22971 USD Million in April from 25483.45 USD Million in March of 2020. Imports in Taiwan averaged 11911.73 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. 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.

Import Prices in Taiwan decreased to 92 points in April from 96.74 points in March of 2020. Import Prices in Taiwan averaged 94.67 points from 1981 until 2020, reaching an all time high of 132.25 points in July of 2008 and a record low of 68.98 points in October of 1989. In Taiwan, Import Prices correspond to the rate of change in the prices of goods and services purchased by residents of that country from, and supplied by, foreign sellers. Import Prices are heavily affected by exchange rates. This page provides - Taiwan Import Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Export Prices in Taiwan decreased to 90.45 points in April from 92.35 points in March of 2020. Export Prices in Taiwan averaged 110.01 points from 1981 until 2020, reaching an all time high of 139.05 points in January of 1998 and a record low of 90.45 points in April of 2020. In Taiwan, Export Prices correspond to the rate of change in the prices of goods and services sold by residents of that country to foreign buyers. Export Prices are heavily affected by exchange rates. This page provides - Taiwan Export Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Terms of Trade in Taiwan increased to 98.30 points in April from 95.50 points in March of 2020. Terms of Trade in Taiwan averaged 127.87 points from 1981 until 2020, reaching an all time high of 169.30 points in June of 1990 and a record low of 85.30 points in February of 2012. In Taiwan, Terms of Trade (ToT) correspond to the ratio of Price of exportable goods to the Price of importable goods. This page provides - Taiwan Terms of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Standard & Poor's credit rating for Taiwan stands at AA- with stable outlook. Moody's credit rating for Taiwan was last set at Aa3 with stable outlook. Fitch's credit rating for Taiwan was last reported at AA- with stable outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Taiwan thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Taiwan as reported by major credit rating agencies.

Taiwan recorded 440 Coronavirus Cases since the epidemic began, according to the World Health Organization (WHO). In addition, Taiwan reported 6 Coronavirus Deaths. This page includes a chart with historical data for Taiwan Coronavirus Cases.

Taiwan recorded 6 Coronavirus Deaths since the epidemic began, according to the World Health Organization (WHO). In addition, Taiwan reported 440 Coronavirus Cases. This page includes a chart with historical data for Taiwan Coronavirus Deaths.

Taiwan recorded 355 Coronavirus Recovered since the epidemic began, according to the World Health Organization (WHO). In addition, Taiwan reported 6 Coronavirus Deaths. This page includes a chart with historical data for Taiwan Coronavirus Recovered.

Consumer Spending in Taiwan increased to 2453705 TWD Million in the fourth quarter of 2019 from 2430891 TWD Million in the third quarter of 2019. Consumer Spending in Taiwan averaged 1407310.88 TWD Million from 1981 until 2019, reaching an all time high of 2453705 TWD Million in the fourth quarter of 2019 and a record low of 369944 TWD Million in the first quarter of 1982. This page provides - Taiwan Consumer Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Spending in Taiwan decreased to 648083 TWD Million in the fourth quarter of 2019 from 651077 TWD Million in the third quarter of 2019. Government Spending in Taiwan averaged 439235.28 TWD Million from 1981 until 2019, reaching an all time high of 661290 TWD Million in the second quarter of 2018 and a record low of 133471 TWD Million in the first quarter of 1981. Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Taiwan Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Tourist Arrivals in Taiwan decreased to 78.26 Thousand in March from 357.36 Thousand in February of 2020. Tourist Arrivals in Taiwan averaged 520.77 Thousand from 2000 until 2020, reaching an all time high of 1143.20 Thousand in December of 2019 and a record low of 40.30 Thousand in May of 2003. This page provides - Taiwan Tourist Arrivals - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The TAIEX decreased 1199 points or 9.91% since the beginning of 2020, according to trading on a contract for difference (CFD) that tracks this benchmark index from Taiwan. Historically, the Taiwan Stock Market (TWSE) reached an all time high of 12424.53 in February of 1990. The Taiwan Stock Exchange TAIEX Index is a major stock market index which tracks the performance of all listed common shares traded on the Taiwan Stock Exchange. It is a capitalization-weighted index. The TAIEX has a base value of 100 as of January 1, 1966.

Leading Economic Index in Taiwan decreased to 109.90 points in March from 113.90 points in February of 2020. Leading Economic Index in Taiwan averaged 65.19 points from 1982 until 2020, reaching an all time high of 114.10 points in January of 2020 and a record low of 20.80 points in January of 1982. In Taiwan, the Leading Index provides early signal on the direction in which the economy is going. It aggregates the following leading indicators: index of export orders, real monetary aggregates M1B, TAIEX average closing price, net accession rate of employees on payrolls of industry and services, building permits, SEMI book-to-bill ratio, the TIER manufacturing sector composite indicator. This page provides - Taiwan Leading Composite Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Labor Force Participation Rate in Taiwan decreased to 59.19 percent in March from 59.21 percent in February of 2020. Labor Force Participation Rate in Taiwan averaged 58.62 percent from 1978 until 2020, reaching an all time high of 61.21 percent in July of 1987 and a record low of 57.06 percent in May of 2001. The labour force participation rates is the number of persons who are employed and unemployed but looking for a job divided by the total working-age population. This page provides - Taiwan Labor Force Participation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Agriculture in Taiwan increased to 102171 TWD Million in the fourth quarter of 2019 from 79141 TWD Million in the third quarter of 2019. GDP From Agriculture in Taiwan averaged 90998.96 TWD Million from 1981 until 2019, reaching an all time high of 115841 TWD Million in the fourth quarter of 1993 and a record low of 63503 TWD Million in the third quarter of 1982. Gdp From Agriculture in Taiwan includes Agriculture, Forestry, Fishing and Animal Husbandry Industries. . This page provides - Taiwan Gdp From Agriculture- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Foreign Exchange Reserves in Taiwan increased to 4817.80 USD Hundred Million in April from 4803.90 USD Hundred Million in March of 2020. Foreign Exchange Reserves in Taiwan averaged 1499.05 USD Hundred Million from 1961 until 2020, reaching an all time high of 4817.80 USD Hundred Million in April of 2020 and a record low of 0.71 USD Hundred Million in December of 1962. In Taiwan, Foreign Exchange Reserves are the foreign assets held or controlled by the country central bank. The reserves are made of gold or a specific currency. They can also be special drawing rights and marketable securities denominated in foreign currencies like treasury bills, government bonds, corporate bonds and equities and foreign currency loans. This page provides the latest reported value for - Taiwan Foreign Exchange Reserves - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Sales Tax Rate in Taiwan stands at 5 percent. In Taiwan, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the standard rate. Revenues from the Sales Tax Rate are an important source of income for the government of Taiwan. This page provides - Taiwan Sales Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Steel Production in Taiwan decreased to 1580 Thousand Tonnes in March from 1590 Thousand Tonnes in February of 2020. Steel Production in Taiwan averaged 1226.61 Thousand Tonnes from 1980 until 2020, reaching an all time high of 2093.77 Thousand Tonnes in May of 2018 and a record low of 243 Thousand Tonnes in January of 1982. This page has Steel Production values for Taiwan.

New Orders in Taiwan decreased to 28679 USD Million in February from 35305 USD Million in January of 2020. New Orders in Taiwan averaged 19220.34 USD Million from 1984 until 2020, reaching an all time high of 48986 USD Million in October of 2018 and a record low of 2278 USD Million in February of 1985. In Taiwan, because new orders heavily affect business confidence they are a leading indicator for growth in gross domsestic product. This page provides - Taiwan New Orders - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Coincident Index in Taiwan decreased to 113.32 points in March from 113.73 points in February of 2020. Coincident Index in Taiwan averaged 65.32 points from 1982 until 2020, reaching an all time high of 114.86 points in March of 2018 and a record low of 20.48 points in June of 1982. This page provides - Taiwan Coincident Index- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Labour Costs in Taiwan decreased to 102.63 points in February from 194.71 points in January of 2020. Labour Costs in Taiwan averaged 104.85 points from 1982 until 2020, reaching an all time high of 289.35 points in January of 1998 and a record low of 64.98 points in March of 2011. This page provides - Taiwan Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Revenues in Taiwan increased to 2942.28 TWD Billion in 2020 from 2801.78 TWD Billion in 2019. Government Revenues in Taiwan averaged 1515.30 TWD Billion from 1974 until 2020, reaching an all time high of 2942.28 TWD Billion in 2020 and a record low of 110.05 TWD Billion in 1974. Government Revenues refer to all receipts the government gets, including taxes, custom duties, revenue from state-owned enterprises, capital revenues and foreign aid. Government Revenues are part of government budget balance calculation. This page provides - Taiwan Government Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gross Fixed Capital Formation in Taiwan increased to 1157519 TWD Million in the fourth quarter of 2019 from 1080605 TWD Million in the third quarter of 2019. Gross Fixed Capital Formation in Taiwan averaged 444841.41 TWD Million from 1961 until 2019, reaching an all time high of 1157519 TWD Million in the fourth quarter of 2019 and a record low of 8735 TWD Million in the first quarter of 1961. This page provides - Taiwan Gross Fixed Capital Formation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Foreign Direct Investment in Taiwan increased by 953.21 USD Million in March of 2020. Foreign Direct Investment in Taiwan averaged 543.78 USD Million from 1996 until 2020, reaching an all time high of 3953.79 USD Million in January of 2006 and a record low of 81.58 USD Million in February of 2003. This page provides - Taiwan Foreign Direct Investment- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Disposable Personal Income in Taiwan increased to 8956900 TWD Million in 2018 from 8721300 TWD Million in 2017. Disposable Personal Income in Taiwan averaged 3846739.22 TWD Million from 1964 until 2018, reaching an all time high of 8956900 TWD Million in 2018 and a record low of 61500 TWD Million in 1964. This page provides - Taiwan Households Disposable Income - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Retail Sales in Taiwan decreased 3.40 percent in March of 2020 over the same month in the previous year. Retail Sales YoY in Taiwan averaged 2.51 percent from 2000 until 2020, reaching an all time high of 21.94 percent in January of 2011 and a record low of -11.89 percent in February of 2009. In Taiwan, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago. This page provides the latest reported value for - Taiwan Retail Sales YoY - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Fiscal Expenditure in Taiwan increased to 3075.80 TWD Billion in 2020 from 2978.49 TWD Billion in 2019. Fiscal Expenditure in Taiwan averaged 1673.72 TWD Billion from 1974 until 2020, reaching an all time high of 3140.94 TWD Billion in 2000 and a record low of 87.04 TWD Billion in 1974. Fiscal expenditure refers to the sum of government expenses, including spending on goods and services, investment and transfer payments like social security and unemployment benefits. Fiscal expenditure are part of government budget balance calculation. This page provides - Taiwan Fiscal Expenditure- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Imports from Taiwan in Australia decreased to 471260.61 AUD THO in March from 507739.19 AUD THO in February of 2020. Imports from Taiwan in Australia averaged 281449.49 AUD THO from 1988 until 2020, reaching an all time high of 607575.63 AUD THO in October of 2014 and a record low of 111000 AUD THO in March of 1991. This page includes a chart with historical data for Australia Imports from Taiwan.

Retail Sales in Taiwan decreased 22.20 percent in February of 2020 over the previous month. Retail Sales Mom in Taiwan averaged 0.32 percent from 1999 until 2020, reaching an all time high of 11.53 percent in January of 2009 and a record low of -23.80 percent in February of 2017. In Taiwan, the month-over-month change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the previous month. This page provides the latest reported value for - Taiwan Retail Sales MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Remittances in Taiwan decreased to 52 USD Million in the fourth quarter of 2015 from 56 USD Million in the third quarter of 2015. Remittances in Taiwan averaged 23.73 USD Million from 2001 until 2015, reaching an all time high of 65 USD Million in the first quarter of 2015 and a record low of 8 USD Million in the second quarter of 2001. This page provides - Taiwan Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Imports from Taiwan in China increased to 15444800 USD THO in April from 15126600 USD THO in March of 2020. Imports from Taiwan in China averaged 13385150.81 USD THO from 2014 until 2020, reaching an all time high of 23652100 USD THO in February of 2020 and a record low of 7564448 USD THO in February of 2016. This page includes a chart with historical data for China Imports From Taiwan.

Exports to Taiwan in China increased to 5158200 USD THO in April from 4882100 USD THO in March of 2020. Exports to Taiwan in China averaged 3977036.23 USD THO from 2014 until 2020, reaching an all time high of 7562700 USD THO in February of 2020 and a record low of 2105036.65 USD THO in February of 2014. This page includes a chart with historical data for China Exports To Taiwan.

Exports to Taiwan in New Zealand increased to 135.63 NZD Million in March from 104.27 NZD Million in February of 2020. Exports to Taiwan in New Zealand averaged 94.29 NZD Million from 2014 until 2020, reaching an all time high of 136.61 NZD Million in July of 2018 and a record low of 59.34 NZD Million in November of 2014. This page includes a chart with historical data for New Zealand Exports to Taiwan.

Central Bank Balance Sheet in Taiwan increased to 16359440 TWD Million in March from 16358237 TWD Million in February of 2020. Central Bank Balance Sheet in Taiwan averaged 10537976.56 TWD Million from 1997 until 2020, reaching an all time high of 17104998 TWD Million in May of 2019 and a record low of 3100302 TWD Million in September of 1997. This page provides - Taiwan Central Bank Balance Sheet - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cement Production in Taiwan increased to 1022.41 Thousands of Tonnes in February from 941.71 Thousands of Tonnes in January of 2020. Cement Production in Taiwan averaged 1428.47 Thousands of Tonnes from 1981 until 2020, reaching an all time high of 2201.45 Thousands of Tonnes in December of 1992 and a record low of 748.64 Thousands of Tonnes in August of 2017. This page provides - Taiwan Cement Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The stocks of goods held by firms in Taiwan decreased by 9387 TWD Million in the fourth quarter of 2019. Changes in Inventories in Taiwan averaged 8461.28 TWD Million from 1961 until 2019, reaching an all time high of 74009 TWD Million in the second quarter of 2010 and a record low of -130795 TWD Million in the first quarter of 2009. In Taiwan, changes in inventories are often a leading indicator for the overall performance of the economy. This page provides - Taiwan Changes in Inventories - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Taiwan Three Month Interbank Rate was at 0.48 percent on Friday May 8. Interbank Rate in Taiwan averaged 1 percent from 2005 until 2020, reaching an all time high of 2.37 percent in June of 2007 and a record low of 0.47 percent in March of 2020. In Taiwan, the interbank rate is the rate of interest charged on short-term loans made between banks. This page provides - Taiwan Two to Six Month Interbank Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cost of food in Taiwan increased 1.27 percent in April of 2020 over the same month in the previous year. Food Inflation in Taiwan averaged 2.40 percent from 1982 until 2020, reaching an all time high of 15.86 percent in September of 1994 and a record low of -7.56 percent in September of 1991. This page provides the latest reported value for - Taiwan Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Taipei says foreign visitors will be allowed to enter once a vaccine is discovered

Race by machine tool makers to boost mask output underlines importance to economy

The average download speed in Taiwan is 85Mbps and it takes 8 seconds to download a movie, in the UK it takes 30 seconds with an 18Mbps download speed.

Presidential 2020 hopeful Bernie Sanders said he would use military force if warranted, both to protect US interests and to support its allies. He also said he would use force if China attacked Taiwan.

Presidential 2020 hopeful Bernie Sanders said he would use military force if warranted, both to protect US interests and to support its allies. He also said he would use force if China attacked Taiwan.

Australia has agreed to send Taiwan one million litres of alcohol to make sanitiser and vaccines in exchange for three tonnes of material to make face masks.  

The government of Taiwan has banned the popular video conferencing tool Zoom from being used for all official state business, and instead it recommends workers use Google or Microsoft.

Last week the Chinese jets carried out what was described as 'island encirclement patrols' around Taiwan and state media showed pictures of bombers armed with cruise missiles.

Taiwan will fail in its bid to take part in a key meeting of the World Health Organization (WHO) as its efforts are not based on concern for the health of Taiwan's people but are "political manipulation", China said on Friday.

The China Professional Baseball League said up to 1,000 people would be permitted to enter ballparks from Friday.