Taiwan’s Main Imports by Top Supplier Countries

Also called Chinese Taipei and officially the Republic of China, Taiwan imported US$287.2 billion worth of products from around the globe during 2020, a flatlining 0.4% increase from $285.9 billion in 2019.

This article presents a quick reference snapshot of Taiwan’s main imported products in 2020, categorized by dollar amount and major trading partners.

Data is organized by overall metrics then drill down to the most valuable Taiwanese imports during 2020 for each of Taiwan’s top 10 supplier countries. Those leading trading partners accounted for almost three-quarters (74.2%) of total Taiwanese import purchases.

The island of Taiwan benefits from sharing East Asian maritime borders with mainland China to its northwest, Japan to its northwest and the Philippines to its south.

Product categories shown summarize calculations at the two-digit Harmonized System code level. Two-digit codes enable higher-level insights and trends for Taiwanese imports and each of the top supplier countries.

Taiwan’s Main Imports from China

In 2020, China’s exports to Taiwan amounted to $63.8 billion or 22.2% of overall Taiwanese imports.

That dollar amount represents a 11.1% gain compared to 2019.

By value, the 15 major product categories listed below represent 88.9% of Taiwan’s imports from the mainland China.

  1. Electronic equipment: $32.2 billion
  2. Machinery: $10.6 billion
  3. Medical, technical equipment: $2.5 billion
  4. Plastics: $1.7 billion
  5. Organic chemicals: $1.4 billion
  6. Vehicles: $1.1 billion
  7. Copper: $983.3 million
  8. Other chemical goods: $961.1 million
  9. Iron and steel: $900.5 million
  10. Toys, games: $699.8 million
  11. Furniture, lighting, signs: $698.3 million
  12. Iron or steel products: $606.9 million
  13. Inorganic chemicals: $591 million
  14. Glass: $518.1 million
  15. Knit or crochet clothing: $479.9 million

Fastest increases from 2019 to 2020 were for Taiwanese imports from China under the medical or technical equipment product category via a 47% gain in revenue, glass (up 35.2%), toys and games (up 29.4%), machinery (up 15.1%), electronic equipment (up 14.4%) and furniture, lighting or signs (up 12.4%).

Posting the severest declines among Taiwan’s top 15 imported products were iron and steel as materials (down -11.7%) and copper (down -2.1%).

Taiwan’s Main Imports from Japan

In 2020, Japan’s exports to Taiwan amounted to $46.1 billion or 16.1% of overall Taiwanese imports.

That dollar amount represents a 4.6% gain compared to 2019.

By value, the 15 major product categories listed below represent 88.8% of Taiwan’s imports from Japan.

  1. Electronic equipment: $12.2 billion
  2. Machinery: $8.7 billion
  3. Vehicles: $3.2 billion
  4. Medical, technical equipment: $3 billion
  5. Plastics: $2.9 billion
  6. Other chemical goods: $2.4 billion
  7. Iron and steel: $1.9 billion
  8. Copper: $1.4 billion
  9. Organic chemicals: $1.2 billion
  10. Photo/cinematographic goods: $1.1 billion
  11. Gems, precious metals: $732.1 million
  12. Tanning, dyeing extracts: $621.9 million
  13. Inorganic chemicals: $619 million
  14. Glass: $572.2 million
  15. Iron or steel products: $436.7 million

Fastest increases from 2019 to 2020 were for Taiwanese imports from Japan under the copper product category via a 24.2% gain in revenue, gems and precious metals (up 20.4%), electronic equipment (up 17.3%), tanning or dyeing extracts (up 13.3%), photo or cinematographic goods (up 10.4%) then medical or technical equipment (up 10.3%).

Posting the severest declines among Taiwan’s top 15 imported products were organic chemicals (down -34.2%) and machinery (down -6.7%).

Taiwan’s Main Imports from the US

In 2020, the United States’ exports to Taiwan amounted to $33 billion or 11.5% of overall Taiwanese imports.

That dollar amount represents a -6% drop compared to 2019.

By value, the 15 major product categories listed below represent 83.1% of Taiwan’s imports from America.

  1. Machinery: $6.7 billion
  2. Electronic equipment: $5.4 billion
  3. Mineral fuels including oil: $3.6 billion
  4. Medical, technical equipment: $3 billion
  5. Aircraft, spacecraft: $1.2 billion
  6. Organic chemicals: $990.1 million
  7. Plastics: $969.2 million
  8. Other chemical goods: $887.9 million
  9. Vehicles: $884.7 million
  10. Pharmaceuticals: $865.4 million
  11. Meat: $834.2 million
  12. Oil seed: $628 million
  13. Cereals: $579.4 million
  14. Iron and steel: $520.4 million
  15. Gems, precious metals: $461.4 million

Fastest increases from 2019 to 2020 were for Taiwanese imports from the United States under the gems and precious metals product category via a 63.5% gain in revenue, vehicles (up 26.9%), medical or technical equipment (up 12.4%) and electronic equipment (up 7.1%).

Posting the severest declines among Taiwan’s top 15 imported products were aircraft and spacecraft (down -37.6%), mineral fuels including oil (down -31.9%), iron and steel as materials (down -23.8%), oil seed (down -17.2%) then cereals (down -13.4%).

Taiwan’s Main Imports from South Korea

In 2020, South Korea’s exports to Taiwan amounted to $20.7 billion or 7.2% of overall Taiwanese imports.

That dollar amount represents a 16.4% gain compared to 2019.

By value, the 15 major product categories listed below represent 93.3% of Taiwan’s imports from South Korea.

  1. Electronic equipment: $12.3 billion
  2. Machinery: $1.5 billion
  3. Organic chemicals: $1.2 billion
  4. Mineral fuels including oil: $912.7 million
  5. Iron and steel: $633.7 million
  6. Plastics: $536.2 million
  7. Medical, technical equipment: $359.6 million
  8. Iron or steel products: $321.2 million
  9. Other chemical goods: $275.7 million
  10. Copper: $260.5 million
  11. Glass: $238.8 million
  12. Inorganic chemicals: $219.8 million
  13. Gems, precious metals: $183.8 million
  14. Vehicles: $176.4 million
  15. Perfumes, cosmetics: $142.8 million

Fastest increases from 2019 to 2020 were for Taiwanese imports from South Korea under the items made from iron or steel product category via a 141.5% gain in revenue, electronic equipment (up 40.1%), machinery (up 31.2%), iron and steel as materials (up 15.6%) and plastics as a material (up 15%).

Posting the severest declines among Taiwan’s top 15 imported products were mineral fuels including oil (down -47.3%), organic chemicals (down -26%), glass (down -20.8%) then copper (down -14.4%).

Taiwan’s Main Imports from Germany

In 2020, Germany’s exports to Taiwan amounted to $10.2 billion or 3.6% of overall Taiwanese imports.

That dollar amount represents an 8.6% gain compared to 2019.

By value, the 15 major product categories listed below represent 91.4% of Taiwan’s imports from Germany.

  1. Machinery: $2 billion
  2. Electronic equipment: $1.9 billion
  3. Vehicles: $1.8 billion
  4. Medical, technical equipment: $941.9 million
  5. Pharmaceuticals: $907.9 million
  6. Other chemical goods: $519.8 million
  7. Organic chemicals: $365.7 million
  8. Iron or steel products: $269.2 million
  9. Plastics: $184.7 million
  10. Aircraft, spacecraft: $97.5 million
  11. Inorganic chemicals: $92.8 million
  12. Gems, precious metals: $80 million
  13. Soaps, lubricants, candles: $72.1 million
  14. Iron and steel: $56.7 million
  15. Tanning, dyeing extracts: $55.5 million

Fastest increases from 2019 to 2020 were for Taiwanese imports from Germany under the items made from iron or steel product category via a 93.1% gain in revenue, gems and precious metals (up 65.1%), miscellaneous chemical goods (up 21.1%), electronic equipment (up 14.8%), pharmaceuticals (up 13.2%) and machinery (up 10.2%).

Posting the severest declines among Taiwan’s top 15 imported products were aircraft and spacecraft (down -45.4%), iron and steel as materials (down -17.9%), organic chemicals (down -14.8%) then inorganic chemicals (down -11.8%).

Taiwan’s Main Imports from Malaysia

In 2020, Malaysia’s exports to Taiwan amounted to $9.9 billion or 3.5% of overall Taiwanese imports.

That dollar amount represents a -4.4% drop compared to 2019.

By value, the 15 major product categories listed below represent 94.4% of Taiwan’s imports from Malaysia.

  1. Electronic equipment: $6 billion
  2. Medical, technical equipment: $1 billion
  3. Mineral fuels including oil: $682.6 million
  4. Machinery: $529.6 million
  5. Animal/vegetable fats and oils: $180.7 million
  6. Iron and steel: $137.4 million
  7. Other chemical goods: $125.5 million
  8. Copper: $123.8 million
  9. Wood: $115.2 million
  10. Plastics: $108.2 million
  11. Aluminum: $96.7 million
  12. Organic chemicals: $90.1 million
  13. Vehicles: $61.8 million
  14. Rubber: $60.3 million
  15. Other food preparations: $52.9 million

Fastest increases from 2019 to 2020 were for Taiwanese imports from Malaysia under the machinery product category via a 20.7% gain in revenue, rubber (up 20.3%), animal or vegetable fats and oils (up 18.5%), electronic equipment (up 14.3%) then vehicles (up 13.9%).

Posting the severest declines among Taiwan’s top 15 imported products were mineral fuels including oil (down -63.9%), iron and steel as materials (down -43.9%), organic chemicals (down -31.8%), miscellaneous chemical goods (down -28.3%) and wood (down -22.1%).

Taiwan’s Main Imports from Singapore

In 2020, Singapore’s exports to Taiwan amounted to $9 billion or 3.1% of overall Taiwanese imports.

That dollar amount represents a 14.0% gain compared to 2019.

By value, the 15 major product categories listed below represent 96.8% of Taiwan’s imports from Singapore.

  1. Electronic equipment: $4.4 billion
  2. Machinery: $2.5 billion
  3. Medical, technical equipment: $560.1 million
  4. Gems, precious metals: $291.4 million
  5. Other chemical goods: $204.6 million
  6. Plastics: $160.6 million
  7. Organic chemicals: $156.6 million
  8. Mineral fuels including oil: $150.2 million
  9. Modified starches, enzymes: $68 million
  10. Pharmaceuticals: $59.8 million
  11. Glass: $56.2 million
  12. Rubber: $42 million
  13. Photo/cinematographic goods: $41.2 million
  14. Ships, boats: $40 million
  15. Other food preparations: $35.1 million

Fastest increases from 2019 to 2020 were for Taiwanese imports from Singapore under the glass product category via a 2,676% gain in revenue, ships and boats (up 409.5%), photo or cinematographic goods (up 71%), modified starches or enzymes (up 36%), electronic equipment (up 23.9%) then gems and precious metals (up 18.8%).

Posting the severest declines among Taiwan’s top 15 imported products were organic chemicals (down -35.2%), mineral fuels including oil (down -29.9%) and plastics (down -9.2%).

Taiwan’s Main Imports from Australia

In 2020, Australia’s exports to Taiwan amounted to $8.1 billion or 2.8% of overall Taiwanese imports.

That dollar amount represents a -19.9% drop compared to 2019.

By value, the 15 major product categories listed below represent 95% of Taiwan’s imports from Australia.

  1. Mineral fuels including oil: $4.4 billion
  2. Ores, slag, ash: $1.9 billion
  3. Aluminum: $293.2 million
  4. Meat: $236.3 million
  5. Copper: $221.2 million
  6. Zinc: $124 million
  7. Salt, sulphur, stone, cement: $95.8 million
  8. Nickel: $86.7 million
  9. Dairy, eggs, honey: $68.3 million
  10. Iron and steel: $60.9 million
  11. Wood: $50.9 million
  12. Animal/vegetable fats and oils: $37.8 million
  13. Food waste, animal fodder: $36.4 million
  14. Inorganic chemicals: $35.6 million
  15. Fish: $33.9 million

Fastest increases from 2019 to 2020 were for Taiwanese imports from Australia under the fish product category via a 252.8% gain in revenue and aluminum (up 31.3%).

Posting the severest declines among Taiwan’s top 15 imported products were nickel (down -60.5%), iron and steel as materials (down -32.3%), copper (down -31%), zinc (down -30.8%), mineral fuels including oil (down -28.5%) and wood (down -19.2%).

Taiwan’s Main Imports from Netherlands

In 2020, the Netherlands’ exports to Taiwan amounted to $6.6 billion or 2.3% of overall Taiwanese imports.

That dollar amount represents a -16.8% drop compared to 2019.

By value, the 15 major product categories listed below represent 96.6% of Taiwan’s imports from the Netherlands.

  1. Machinery: $5.2 billion
  2. Electronic equipment: $488.9 million
  3. Medical, technical equipment: $150.5 million
  4. Organic chemicals: $95.4 million
  5. Beverages: $89.6 million
  6. Vehicles: $76.1 million
  7. Iron or steel products: $50.9 million
  8. Plastics: $40.7 million
  9. Pharmaceuticals: $35.6 million
  10. Iron and steel: $33 million
  11. Other food preparations: $29.3 million
  12. Mineral fuels including oil: $28.6 million
  13. Meat: $19.9 million
  14. Cereal, milk preparations: $18.1 million
  15. Other chemical goods: $16.7 million

Fastest increases from 2019 to 2020 were for Taiwanese imports from the Netherlands under the items made from iron or steel product category via a 114.8% gain in revenue and electronic equipment (up 92.1%).

Posting the severest declines among Taiwan’s top 15 imported products were iron and steel as materials (down -51.4%), mineral fuels including oil (down -44.5%), cereal or milk preparations (down -29.8%), meat (down -23.8%), machinery (down -22.6%) and plastics as a material (down -15.7%).

Taiwan’s Main Imports from Vietnam

In 2020, Vietnam’s exports to Taiwan amounted to $5.5 billion or 1.9% of overall Taiwanese imports.

That dollar amount represents a 4.6% gain compared to 2019.

By value, the 15 major product categories listed below represent 81.3% of Taiwan’s imports from Vietnam.

  1. Electronic equipment: $2.7 billion
  2. Machinery: $353.7 million
  3. Footwear: $285 million
  4. Clothing (not knit or crochet): $170.4 million
  5. Iron and steel: $153.6 million
  6. Organic chemicals: $128.8 million
  7. Knit or crochet clothing: $124.2 million
  8. Salt, sulphur, stone, cement: $121.1 million
  9. Vehicles: $84.5 million
  10. Fish: $73.5 million
  11. Medical, technical equipment: $64.7 million
  12. Plastics: $62.4 million
  13. Wood: $57.1 million
  14. Rubber: $56.7 million
  15. Paper: $56 million

Fastest increases from 2019 to 2020 were for Taiwanese imports from Vietnam under the organic chemicals product category via a 120.1% gain in revenue, machinery (up 39.2%) and medical or technical equipment (up 13.5%).

Posting the severest declines among Taiwan’s top 15 imported products were salt, sulphur, stone and cement (down -16.8%), vehicles (down -14.9%) then knitted and crocheted clothing (down -12.8%).

See also

More great research: World’s Top 100 Imported Consumer Products, China’s Top 100 Imported Consumer Products, 100 Top Consumer Products for Selling to Importers in Taiwan

References

International Trade Centre, Trade Map.

Wikipedia, Taiwan, Chinese Taipei.

World’s Top Exports, Import News.

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