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Taiwan: Trade Profile
October 2010
Taipei, Chinese
             
BASIC INDICATORS
Population (thousands, 2009) 23 120Rank in world trade, 2009ExportsImports
GDP (million current US$, 2009) 378 610Merchandise 1718
GDP (million current PPP US$, 2009)...excluding intra-EU trade1112
Current account balance (million US$, 2009) 42 056Commercial services2729
Trade per capita (US$, 2007-2009) 22 049excluding intra-EU trade1518
Trade to GDP ratio (2007-2009)  129.7
Annual percentage change
2009  2000-200920082009
Real GDP (2000=100)  13231-2
Exports of goods and services (volume, 2000=100)  15551-9
Imports of goods and services (volume, 2000=100)  1061-3-14
             
TRADE POLICY
WTO accession1 January 2002Contribution to WTO budget (%, 2010)1.745
Trade Policy Review5, 7 July 2010Import duties collected
GPA accession 15 July 2009in total tax revenue...
Tariffs and duty free importsto total imports...
Tariff binding coverage (%)   100Number of notifications to WTO and measures in force 
MFN tariffsFinal boundApplied 2009Outstanding notifications in WTO Central Registry  7
Simple average of import dutiesGoods RTAs - services EIAs notified to WTO3 - 3
All goods  6.4  6.1Anti-dumping (30 June 2009)5
Agricultural goods (AOA)  17.4  16.6Countervailing duties (30 June 2009)...
Non-agricultural goods  4.7  4.5Safeguards (19 October 2009)  0
Non ad-valorem duties (% total tariff lines)  1.1  1.1Number of disputes (complainant - defendant) 
MFN duty free imports (%, 2008)Requests for consultation3 - 0
in agricultural goods (AOA)  46.2Original panel / Appellate Body (AB) reports1 - 0
in non-agricultural goods  74.5Compliance panel / AB reports (Article 21.5 DSU)0 - 0
Services sectors with GATS commitments  119Arbitration awards (Article 22.6 DSU)0 - 0
             
MERCHANDISE TRADE ValueAnnual percentage change
2009  2000-200920082009
Merchandise exports, f.o.b. (million US$) 203 67534-20
Merchandise imports, c.i.f. (million US$) 174 371210-27
2009  2009
Share in world total exports   1.63Share in world total imports 1.37
Breakdown in economy's total exportsBreakdown in economy's total imports
  By main commodity group (ITS)  By main commodity group (ITS)
Agricultural products  2.1Agricultural products5.9
Fuels and mining products  7.7Fuels and mining products27.9
Manufactures  88.5Manufactures64.5
  By main destination  By main origin
1. China  26.61. Japan  20.8
2. Hong Kong, China  14.52. China  14.0
3. United States  11.63. United States  10.5
4. European Union (27)  10.54. European Union (27)  9.0
5. Japan  7.15. Korea, Republic of  6.0
             
COMMERCIAL SERVICES TRADE ValueAnnual percentage change
2009  2000-2009 20082009
Commercial services exports (million US$) 30 635  511-11
Commercial services imports (million US$) 29 095  10-15
2009  2009
Share in world total exports  0.91  Share in world total imports0.93
Breakdown in economy's total exportsBreakdown in economy's total imports
  By principal services item  By principal services item
Transportation  17.9  Transportation27.1
Travel  22.7  Travel26.8
Other commercial services  59.4  Other commercial services46.1
             
INDUSTRIAL PROPERTY 
Patent grants by patent officeTrademark registrations by office
ResidentsNon-residents Total Direct residentsDirect non-residentsMadrid Total 
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Source WTO
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