Taiwan balance of trade

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Taiwan balance of trade: 4682.01 (-22.59%)
Last Update: June 30, 2024

Taiwan balance of trade closed down 4682.01 as of June 30, 2024 from 6048.39 from the previous month and 6016.2 from last year.


Taiwan balance of trade Analytics & Data




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Taiwan balance of trade closing prices of the last 24 values are displayed below. Sign up free to download the full historical data series using MacroVar Web/Excel or API.

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Taiwan balance of trade

DateValues
2024-06-30 4682.01
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
2022-12-31 4889.76
2022-11-30 3619.3
2022-10-31 2974.67
2022-09-30 5099.36
2022-08-31 2995.3
2022-07-31 4999.29

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Taiwan balance of trade Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
balance of tradetw.balanceoftrade4682.016048.39-23-22DownDown182024-06-30

Taiwan balance of trade 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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