Taiwan balance of trade

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Taiwan balance of trade: 7920 (15.28%)
Last Update: December 31, 2024

Taiwan balance of trade closed down 7920 as of December 31, 2024 from 6870 from the previous month and 11183.2 from last year.


Taiwan balance of trade Analytics & Data




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Taiwan balance of trade

Date Values
2024-12-31 7920
2024-11-30 6870
2024-10-31 7120
2024-09-30 11490
2024-08-31 4833.6
2024-07-31 4834
2024-06-30 4680
2024-05-31 6048.39
2024-04-30 6459.72
2024-03-31 8662.1
2024-02-29 7899.1
2024-01-31 2386.4
2023-12-31 11183.2
2023-11-30 9824.9
2023-10-31 5763.7
2023-09-30 10321.2
2023-08-31 8602.5
2023-07-31 8513.8
2023-06-30 6016.2
2023-05-31 4975.1
2023-04-30 6825.2
2023-03-31 4241.5
2023-02-28 2354.33
2023-01-31 2342.28

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Taiwan balance of trade Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
balance of trade tw.balanceoftrade 7920.0 6870 15 -29 UP Down 18 2024-12-31

Taiwan balance of trade Quantitative Analysis, Charts & Factors

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Taiwan balance of trade Historical Data

The MacroVar database offers free access to historical data for the Taiwan balance of trade, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Taiwan balance of trade data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Taiwan balance of trade

The balance of trade in Taiwan refers to the difference between the value of the country's exports and imports. A positive balance of trade occurs when a country exports more than it imports, leading to a surplus in trade. This surplus can lead to economic growth and increased employment opportunities within the country. On the other hand, a negative balance of trade, or a trade deficit, occurs when a country imports more than it exports, leading to a decrease in domestic production and potential job losses. In recent years, Taiwan has experienced a positive balance of trade due to its strong export-oriented economy, particularly in the technology and manufacturing sectors. This has helped to drive economic growth and maintain stability in the country's trade relationships with other nations.

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