Taiwan Trade


Taiwan: Export growth slows to nine-month low

November 7, 2014

In October, the trade surplus totaled USD 4.6 billion. The reading was above the USD 4.1 billion recorded in the same month last year and market expectations of a USD 4.1 billion figure. In the 12 months up to September, the trade surplus totaled USD 37.5 billion (August: USD 37.0 billion), which marked a 3.1% expansion over the same period last year.

Exports reached USD 26.9 billion in October, which represented a 0.7% expansion in year-on-year terms (September: +4.7% yoy) and the slowest growth in nine months. Imports recorded USD 22.3 billion, which marked a 1.4% contraction over the same month last year (September: +0.2%).

The government expects exports to increase 3.2% this year. FocusEconomics Consensus Forecast panelists expect exports to grow 4.3% in 2014 and 6.4% in 2015.

Author: Angela Bouzanis, Senior Economist

Sample Report

Looking for forecasts related to Trade in Taiwan? Download a sample report now.


Taiwan Trade Chart

Taiwan Trade12m October 2014

Note: 12-month sum of trade balance in USD billion and annual average variation of the 12-month sum of exports and imports.
Source: Directorate-General of Budget, Accounting & Statistics (DGBAS) and FocusEconomics calculations.

Taiwan Economic News

More news

Search form