Mainland China remained Taiwan's largest export destination in 2023. In that year, Taiwan exported approximately 95.7 billion U.S. dollars worth of goods to mainland China, decreasing from around 121 billion U.S. dollars in previous year.
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Key information about Taiwan Total Exports to China
Mainland China remained Taiwan’s largest merchandise import partner in 2024, with an import value of approximately 79.3 billion U.S. dollars. Around 82.6 billion U.S. dollars worth of goods were exported from Taiwan to mainland China in the same year, leaving a trade surplus of around three billion U.S. dollars. Trade between mainland China and Taiwan Regardless of the ever-changing cross-strait relations, Taiwan’s economy largely relies on its trade with mainland China. Taiwan’s trade surplus with China has increased significantly in recent decades, making mainland China and Hong Kong its most crucial trade surplus sources. While imports from China were mostly raw materials, Taiwan’s main commodity exports to mainland China are machinery and electrical equipment such as integrated circuits. New Southbound Policy To limit its trade dependency on mainland China, the government of Taiwan has introduced a new trade initiative, which aims to strengthen the regional relations with ASEAN, South Asian countries, Australia, and New Zealand. By implementing the New Southbound Policy, Taiwan hopes to enhance diplomatic and economic collaboration and achieve a free exchange of resources and talent within the region. In 2024, the total export value from Taiwan to countries of the New Southbound Policy amounted to around 66.7 billion U.S. dollars.
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Exports to Taiwan in China decreased to 3802777.11 USD Thousand in February from 6593707.11 USD Thousand in January of 2024. This dataset includes a chart with historical data for China Exports To Taiwan.
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Present Taiwan and Mainland China's trade statistics to the United States.
This statistic shows Taiwan's merchandise trade balance with mainland China and Hong Kong from 2014 to 2024. The trade balance represents the value of exports minus the value of imports. A positive value indicates a trade surplus, while a negative value indicates a trade deficit. In 2024, Taiwan's trade surplus with mainland China and Hong Kong amounted to 70 billion U.S. dollars.
In 2022, China recorded a trade deficit of more than 156 billion U.S. dollars with Taiwan. That year, imports from Taiwan to China amounted to over 238 billion U.S. dollars.
In 2023, Taiwan exported machinery and electrical equipment with a total value of about 69 billion U.S. dollars to mainland China. It was by far the leading product category for exports from Taiwan to China that year.
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Imports: China: MTE: Other Transport Equipment data was reported at 13.608 USD mn in Jun 2018. This records a decrease from the previous number of 66.611 USD mn for May 2018. Imports: China: MTE: Other Transport Equipment data is updated monthly, averaging 4.798 USD mn from Jan 1991 (Median) to Jun 2018, with 330 observations. The data reached an all-time high of 283.951 USD mn in Nov 2010 and a record low of 0.000 USD mn in Jun 1993. Imports: China: MTE: Other Transport Equipment data remains active status in CEIC and is reported by Korea International Trade Association. The data is categorized under Global Database’s Korea – Table KR.JA016: Trade Statistics: Import: Value: SITC Classification: China and Taiwan.
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Korea Exports: Taiwan: Mfg Goods: Paper, Paperborad and Articles data was reported at 6.559 USD mn in Jun 2018. This records an increase from the previous number of 5.966 USD mn for May 2018. Korea Exports: Taiwan: Mfg Goods: Paper, Paperborad and Articles data is updated monthly, averaging 5.965 USD mn from Jan 1991 (Median) to Jun 2018, with 330 observations. The data reached an all-time high of 15.802 USD mn in Aug 2008 and a record low of 0.045 USD mn in Nov 1991. Korea Exports: Taiwan: Mfg Goods: Paper, Paperborad and Articles data remains active status in CEIC and is reported by Korea International Trade Association. The data is categorized under Global Database’s Korea – Table KR.JA008: Trade Statistics: Export: Value: SITC Classification: China and Taiwan.
In 2023, mainland China exported machinery and electrical equipment with a total value of about 46.7 billion U.S. dollars to Taiwan. It was also the leading product category exported from Taiwan to mainland China that year.
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Present Taiwan and Mainland China's trade statistics with South Korea.
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Imports from Taiwan in China decreased to 12642477.94 USD Thousand in February from 16729065.86 USD Thousand in January of 2024. This dataset includes a chart with historical data for China Imports From Taiwan.
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Present trade statistics for Taiwan and Mainland China to the European Union.
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China Export hs: Taiwan: Article of Special Trade & Goods Unclassified data was reported at 57.646 USD mn in Oct 2018. This records an increase from the previous number of 19.204 USD mn for Sep 2018. China Export hs: Taiwan: Article of Special Trade & Goods Unclassified data is updated monthly, averaging 1.027 USD mn from Jan 1993 (Median) to Oct 2018, with 310 observations. The data reached an all-time high of 57.646 USD mn in Oct 2018 and a record low of 0.000 USD mn in Oct 2015. China Export hs: Taiwan: Article of Special Trade & Goods Unclassified data remains active status in CEIC and is reported by General Administration of Customs. The data is categorized under Global Database’s China – Table CN.JA: USD: Trade by HS Classification: Asia: Taiwan.
Mainland China remained Taiwan's largest import partner in 2023. In that year, Taiwan imported approximately 70.22 billion U.S. dollars worth of goods to mainland China, decreasing from around 84 billion U.S. dollars in the previous year.
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Korea Exports: Taiwan: Mfg Goods: Cork and Wood Manufactures data was reported at 0.178 USD mn in Jun 2018. This records an increase from the previous number of 0.057 USD mn for May 2018. Korea Exports: Taiwan: Mfg Goods: Cork and Wood Manufactures data is updated monthly, averaging 0.131 USD mn from Jan 1991 (Median) to Jun 2018, with 330 observations. The data reached an all-time high of 2.119 USD mn in Jul 1991 and a record low of 0.000 USD mn in Apr 1996. Korea Exports: Taiwan: Mfg Goods: Cork and Wood Manufactures data remains active status in CEIC and is reported by Korea International Trade Association. The data is categorized under Global Database’s Korea – Table KR.JA008: Trade Statistics: Export: Value: SITC Classification: China and Taiwan.
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11 Global import shipment records of Fiber Parts with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.
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11479 United States import shipment records of Machine make from China Taiwan with prices, volume & current Buyer’s suppliers relationships based on actual United States import trade database.
In 2024, mainland China and Hong Kong remained to be Taiwan's most important export partners, accounting for approximately 31.7 percent of Taiwan's total exports that year. The export share to ASEAN in 2024 stood at 18.5 percent, indicating a slight increase from the previous year.
Mainland China remained Taiwan's largest export destination in 2023. In that year, Taiwan exported approximately 95.7 billion U.S. dollars worth of goods to mainland China, decreasing from around 121 billion U.S. dollars in previous year.