Top Import Trading Partners of Taiwan - Volza

31-Mar-2025

Overview

Taiwan
 

Taiwan's primary import trading partners in 2023 include China (22% of imports, $90 billion), Japan (16%, $65 billion), South Korea (13%, $53 billion), United States (12%, $48 billion), and Singapore (8%, $33 billion).

Key imports from these countries include electronics, machinery, petrochemicals, vehicles, and foodstuffs. Trade agreements such as the Economic Cooperation Framework Agreement (ECFA) with China and various bilateral agreements facilitate smoother trade flows.

Taiwan's economic indicators include a GDP growth rate of 2.9% and an inflation rate of 1.5%, which influence its import dynamics. Strategic tariffs, government incentives, and its advanced logistics infrastructure support a balanced trade relationship, making Taiwan a critical import market for these partners. The country's strategic focus on high-tech industries and its favorable geographical position significantly impact its import dynamics.

Taiwan Trade Partnership With Other Countries

Track top import trading partner countries of Taiwan, These findings are based on global import shipment database of Volza, it is the most up-to-date but partial information available on Taiwan's import trade.