Country import demand

Taiwan
import demand

A reported view of Taiwan's import scale, sector demand, supplier breadth, economy, and trade history.

TWN1995-2024 coverage270 active partner marketsMacro trend unavailable
Latest imports$369.4B2024 reported
Import growth+9%Year on year
Population0Reported population
GDP per capita$0.0Current-dollar GDP
Trade openness0%Exports + imports / GDP

The country import read

What does Taiwan import?

In 2024, Taiwan recorded $369.4B in reported imports. Imports changed +9% year on year and +0.3% annualized over three years. Electrical machinery was the largest displayed import sector.

Import history

A long view of demand

Latest twelve years from the reported country series.

Reported imports by year

2013
$262.0B
2014
$266.1B
2015
$227.3B
2016
$222.8B
2017
$248.4B
2018
$273.5B
2019
$276.5B
2020
$275.8B
2021
$366.1B
2022
$411.4B
2023
$339.0B
2024
$369.4B

Demand drivers

The economy behind import demand

Macro and structural indicators add context to reported imports.

GDP$0.02024 macro context
GDP growth0%Five-year CAGR
Population growth0%Five-year CAGR
Investment rate0%National rate
Savings rate0%National rate
Trade openness0%Exports + imports / GDP

Import portfolio

The sectors shaping demand

All returned HS2 sectors ranked by latest import value.

Import demand by HS2All returned · 2024
Leading import sectors for Taiwan
RankSectorImportsShareImport partnersActive HS6
1Electrical machineryHS2 85$126.5B34.2%152262
2MachineryHS2 84$54.7B14.8%143514
3PlasticsHS2 39$7.9B2.1%119129
4Optical and medical instrumentsHS2 90$15.5B4.2%118142
5Mineral fuelsHS2 27$51.0B13.8%9043
6VehiclesHS2 87$11.6B3.2%10587
7Iron and steelHS2 72$9.0B2.4%101167
8Organic chemicalsHS2 29$7.5B2%79362
9Articles of iron or steelHS2 73$2.8B0.8%101124
10CopperHS2 74$7.3B2%10149

Import values are reported observations. Full rows remain in the downloads.

Supply diversification

Where import exposure is spread

Partner breadth, concentration, access, and distance add supplier context.

Supplier markets270Reported partner count
Partner concentration1,411.6Partner HHI
Top 3 partner share56%Reported concentration
FTA partner markets7Reported count
Average distance9,750 kmCalculated average
Macro resilienceMacro trend unavailableCountry context
Complete country valuesOpen the full import evidenceFull profile, history, and HS2 sector fields remain available here and in the downloads.

Profile fields

Year2,024
Country Iso3TWN
Exports Usd$598.5B
Imports Usd$369.4B
Trade Balance Usd$229.1B
Yoy Exports Growth Pct12.4%
Yoy Imports Growth Pct9%
Exports Cagr 3y Pct2.5%
Imports Cagr 3y Pct0.3%
Export Partner Hhi1,411.6
Export Product Hhi845.9
Momentum Score9.4
Risk Score11.3
Gdp Million Usd0 million USD
Gdp Per Capita Usd$0.0
Population0
Labor ForceNot reported
Investment Rate PctNot reported
Savings Rate PctNot reported
Secondary Education PctNot reported
Tertiary Education PctNot reported
Total Factor ProductivityNot reported
Trade Openness PctNot reported
Exports Gdp PctNot reported
Num Active Partners270
Num Fta Partners7
Num Wto Partners169
Num Eu Partners28
Num Shared Border Partners0%
Num Shared Language Partners6%
Avg Partner Distance Km9,750 km
Avg Partner Gdp Million Usd533,678,518.3 million USD
Avg Partner Gdp Per Capita Usd$15.8
Avg Buyer Biz Entry DaysNot reported
Avg Buyer Biz Entry Cost PctNot reported
Pct Partners With Fta3
Pct Partners Shared Language2.2%
Pct Partners Shared Border0%
Avg Applied Tariff PctNot reported
Avg Mfn Tariff PctNot reported
Avg Preferential Tariff PctNot reported
Tariff Advantage PpNot reported
Avg Distance All Partners Km9,889 km
Num Border Partners0
Num Colonial Partners15
Avg Substitution Elasticity-10.8
Pct Products High Elasticity75.9
Pct Products Low Elasticity2.7
Real Market Potential184,876.4
Foreign Market Potential13,945.1

Supplier context

Country Iso3TWN
All History Lane Count48,933
Current Lane Count41,921
Critical Lane Count456
High Attention Lane Count8,642
High Volatility Lane Count16,391
Unrecovered Drawdown Lane Count24,320
Declining Demand Lane Count276
Concentrated Market Lane Count20,034
Access Friction Lane Count22,163
Buyer Macro Weakness Lane Count3,879
Monitored Exports Current Usd$591.4B
Attention Exports Usd$309.8B
Critical Exports Usd$23.4B
High Volatility Exports Usd$320.9B
Unrecovered Drawdown Exports Usd$73.1B
Non Fta Exports Usd$542.7B
Monitored Attention Share Pct52.4%
Monitored Critical Share Pct4%
Fta Covered Exports Share Pct8.1%
Export Weighted Volatility Cv1.2
Export Weighted Below Peak Pct18.7%
Export Weighted Distance Km5,083 km
Export Weighted Tariff PctNot reported
Latest Data Year2,024
First Data Year1,995
Country Years Count30
Total Exports Latest Usd$598.5B
Total Imports Latest Usd$369.4B
Trade Balance Latest Usd$229.1B
Exports Yoy Latest Pct12.4%
Exports Cagr 3y Latest Pct2.5%
Gdp Latest Million Usd0 million USD
Gdp Per Capita Latest Usd$0.0
Population Latest0
Investment Rate Latest PctNot reported
Savings Rate Latest PctNot reported
Trade Openness Latest PctNot reported
Exports Gdp Latest PctNot reported
Active Partners Latest270
Fta Partners Latest7
Foreign Market Potential Latest13,945.1
Gdp 5y Cagr PctNot reported
Gdp Per Capita 5y Cagr PctNot reported
Population 5y Cagr PctNot reported
Partner Hhi Latest1,411.6
Partner Top1 Share Latest Pct29.9%
Partner Top3 Share Latest Pct56%
Partner Hhi All Avg1,373.5
Partner Hhi All Max1,882.2
Product Hhi Latest845.9
Product Top1 Share Latest Pct19.8%
Product Top3 Share Latest Pct45.3%
Product Hhi All Avg382.1
Product Hhi All Max892.7
Total Exports Attention Share Pct51.8%
Total Exports Critical Share Pct3.9%
Attention LevelWatch
Primary Risk DriverMarket access exposure
Macro Resilience LabelMacro trend unavailable

Annual import history

YearImportsExportsBalanceImports YoY
1995$98.1B$114.9B$16.8B+0%
1996$95.3B$118.5B$23.2B-2.9%
1997$105.4B$122.0B$16.6B+10.6%
1998$97.5B$114.0B$16.5B-7.5%
1999$105.0B$124.2B$19.2B+7.7%
2000$132.5B$153.5B$21.0B+26.2%
2001$103.2B$132.7B$29.5B-22.1%
2002$109.0B$140.3B$31.3B+5.6%
2003$123.6B$159.4B$35.8B+13.4%
2004$162.2B$192.3B$30.0B+31.3%
2005$174.0B$212.4B$38.4B+7.3%
2006$194.3B$248.4B$54.2B+11.7%
2007$209.4B$277.4B$68.0B+7.8%
2008$227.1B$282.9B$55.8B+8.5%
2009$166.9B$225.7B$58.8B-26.5%
2010$239.6B$298.7B$59.1B+43.6%
2011$271.9B$330.7B$58.8B+13.5%
2012$260.4B$328.8B$68.4B-4.2%
2013$262.0B$347.5B$85.5B+0.6%
2014$266.1B$356.5B$90.4B+1.6%
2015$227.3B$329.5B$102.2B-14.6%
2016$222.8B$327.9B$105.2B-2%
2017$248.4B$370.2B$121.8B+11.5%
2018$273.5B$399.1B$125.7B+10.1%
2019$276.5B$397.7B$121.2B+1.1%
2020$275.8B$430.3B$154.4B-0.2%
2021$366.1B$556.3B$190.2B+32.7%
2022$411.4B$603.0B$191.5B+12.4%
2023$339.0B$532.6B$193.6B-17.6%
2024$369.4B$598.5B$229.1B+9%

Import sectors

RankHS2SectorImportsShareImport partnersActive HS6
185Electrical machinery$126.5B34.2%152262
284Machinery$54.7B14.8%143514
339Plastics$7.9B2.1%119129
490Optical and medical instruments$15.5B4.2%118142
527Mineral fuels$51.0B13.8%9043
687Vehicles$11.6B3.2%10587
772Iron and steel$9.0B2.4%101167
829Organic chemicals$7.5B2%79362
973Articles of iron or steel$2.8B0.8%101124
1074Copper$7.3B2%10149

Questions about this profile

Taiwan import demand, in context

Short answers for import and supplier research.

What does the Taiwan import profile measure?

It combines reported imports, annual history, HS2 sectors, supplier breadth, economy context, and calculated indicators for Taiwan.

What is the latest reported import value for Taiwan?

Taiwan recorded $369.4B in reported imports in 2024.

Which sectors lead Taiwan's imports?

Electrical machinery leads by reported import value at $126.5B.

How many years of Taiwan import history are available?

This profile contains 30 annual rows covering 1995 through 2024.

What drives import demand?

GDP, population, investment, savings, and trade openness provide demand context.

Are the growth and concentration values forecasts?

No. They are calculated or classified from reported observations, not forecasts or guarantees.

Continue your research

Take the country view into a broader Yugalinks workspace.

Compare countries, products, sectors, and suppliers using reported trade data.

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.