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Tiny but high-tech Taiwan is a top-ten trade partner for U.S. exports & imports, notably in semiconductors & computer parts.
With a population of some 23 million, Taiwan exported US$38.2 billion worth of merchandise to the United States in 2006, up 9.7% from 2005 and up 19% since 2002. Taiwanese imports from the U.S. rose 4.3% to $23 billion in 2006, up 25.3% since 2002. Taiwan is America's eight-largest supplier of imports. In terms of the merchandise flow between the two countries, America’s trade deficit with Taiwan was $15.2 billion in 2006, up 25.2% from 2002. The U.S. trade deficit with Taiwan increased 19.1% in 2006 – up from the 1% deficit decrease in 2005 from the year earlier. Taiwanese Exports to U.S. Of the $38.2 billion in American imports from Taiwan in 2006, the following product categories had the highest values.
The above product categories represent over 58% of total Taiwanese to U.S. exports. Fastest-Growing Taiwanese Exports to U.S. Below are American imports from Taiwan in 2006 with the highest percentage sales increases from 2005.
Taiwanese Imports from U.S. Of the $23 billion in semiconductors & computer parts in 2006, the following product categories had the highest values.
The above product categories represent 55% of total Taiwanese imports from the U.S. Fastest-Growing Taiwanese Imports from U.S. Below are U.S. exports to Taiwan in 2006 with the highest percentage sales increases from 2005.
Sources for this ArticleThis article presents independent calculations and insights based on data drawn from the CIA World Factbook and the U.S. Census Bureau – Foreign Trade Statistics.
The copyright of the article Top Taiwanese Exports & Imports in International Trade Leaders is owned by Daniel Workman. Permission to republish Top Taiwanese Exports & Imports in print or online must be granted by the author in writing.
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Dec 9, 2008 5:46 AM
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