Exploring Taiwan's Export Landscape: How to Find Taiwan Trade Data | Tendata Import Export Data
Shawn Pang
CMO at Tendata - Global Import Export Trade Data Provider Since 2005??200+ Countries | 50000+ Clients | 1.3 Billion International Trade Data??Expert in Market Analysis, Customer Development, Competitor Monitoring and CRM
Over the last four decades, Taiwan's economic growth has been propelled by robust foreign trade. With exports contributing to over 70% of its GDP, Taiwan maintains a strong commitment to international trade.
In 2023, Taiwan's key export sectors comprised electronic products (41.3%, predominantly semiconductors), information and communication technology products (19.3%), machinery (5.6%), and optical and precision instruments, clocks, and musical instruments (3.1%). The electronic components industry, a cornerstone of Taiwan's exports, witnessed a $178.71 billion export value in 2023, reflecting a 10.7% decline from the previous year. Semiconductor suppliers experienced a 9.5% year-on-year decrease, totaling $166.62 billion. Imports were dominated by mechanical and electrical equipment (44.7%), followed by mineral products (17.6%), chemicals (8.1%), and base metals and their products (6.5%).
3 Key Websites for exploring the Taiwan market:
Taiwan's Trade Data: Taiwan
Find the Taiwan's buyers/importers: TENDATA.COM
Taiwan B2B platform: pchome.com.
Taiwan's largest trading partners in 2023 remained Mainland China and Hong Kong, with a procurement value of $152.25 billion, marking an 18.1% reduction from the previous year. Notably, exports to Mainland China and Hong Kong accounted for 35.2% of Taiwan's total exports in 2023, slightly down from the 38.8% recorded in 2022. Meanwhile, the United States represented 17.6%, and Europe contributed 9.8%.
In the same period, China's total exports reached $4,324.8 billion, ranking third following $4,794 billion in 2022 and $4,464 billion in 2021. The 2023 figure indicates a 9.8% decrease from the previous year. Import values in 2023 contracted by 17.8% to $3,519.2 billion, resulting in a trade surplus of $805.6 billion, a substantial 56.9% year-on-year increase. The Directorate-General of Budget, Accounting, and Statistics forecasts an 8.6% growth in Taiwan's exports for Q1 2024.
For swift and comprehensive access to Taiwan's export data, leverage Tendata's Taiwan export data query service. This tool allows you to efficiently identify new buyers and suppliers, along with their transaction prices, empowering you to formulate more informed trade strategies.
By swiftly identifying supply chain information for potential customers, including suppliers and buyers, you can obtain detailed order information, such as prices and specific traded products. The use of powerful visual trade data enables importers and exporters to quickly grasp information about potential customers and competitors, adjust market strategies, and mitigate the risk of transaction failures.
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What Information Does Taiwan's Export Data Encompass?
When delving into Taiwan's export data, we furnish comprehensive details, including exporter specifics, weight, quality, price, trade frequency, the proportion of export value within Taiwan's categories, and prevailing business trends. Advanced filters allow you to customize the displayed columns, facilitating the identification of export companies and uncovering latent business opportunities.
Refine your search through Taiwan's export data by utilizing product descriptions, customs codes, country of origin, destination country, brand, exporter name, exporter code, exporter address, trading country, manufacturing enterprise name, manifest number, net weight in kilograms, quantity, transaction mode, payer name, and more. Leverage the search capabilities of Taiwan's customs data to assess whether Taiwanese exporters hold potential as customers.
What Sets Tendata's Taiwan Export Data Apart?
Importers and exporters rely on detailed customs data for visual trend analysis, market opportunity identification, competitor tracking, and understanding supply chain potential. Tendata's trade data platform collates and packages this information into actionable business intelligence. Access high-quality Taiwan import data online, supported by Tendata's industry professionals offering 24-hour assistance, empowering your business with data-driven insights.
Sources of Tendata's Solutions:
In Tendata iTrade , simply search by product name or HS code, omitting the complicated search process, and then you can get the potential customers related to the search criteria. Search results include company name, executive contact numbers, email, social media and other contact information, allowing you to quickly reach out to potential customers.
Dreamline Doors Pty (Ltd)
8 个月Thank you for the great insight and data.