Taiwan has a dynamic capitalist economy with gradually decreasing government guidance of investment and foreign trade. In keeping with this trend, some large, state-owned banks and industrial firms have been privatized. Exports, led by electronics and machinery, generate about 70% of Taiwan's GDP growth, and have provided the primary impetus for economic development. This heavy dependence on exports makes the economy vulnerable to downturns in world demand. In 2009, Taiwan's GDP fell by 2.5%, due primarily to a 20% year-on-year decline in exports. Taiwan's diplomatic isolation, low birth rate, and rapidly aging p... More..
New Buying Leads Post now | New Selling Leads Post now |
---|---|
|
|
SOURCE: CIA - The World Factbook | |
Currency | New Taiwan Dollar |
---|---|
Fiscal Year | 01 January - 31 December |
GDP (PPP) | $717.7 billion (2009 est.) |
GDP (per capita) | $29,800 (2009 est.) |
Exports | $203.7 billion (2009 est.) |
Imports | $174.7 billion (2009 est.) |
Main Industries | Electronics, Communications and Information Technology Products, Petroleum Refining, Armaments, Chemicals, Textiles, Iron and Steel, Machinery, Cement, Food Processing, Vehicles, Consumer Products, Pharmaceuticals |
Exports - Commodities | Electronics, Flat Panels, Machinery; Metals; Textiles, Plastics, Chemicals; Optical, Photographic, Measuring, and Medical Instruments |
Imports - Commodities | Electronics, Machinery, Crude Petroleum, Precision Instruments, Organic Chemicals, Metals |
Exports Partners | China 26.6%, Hong Kong 14.4%, US 11.6%, Japan 7.2%, Singapore 4.2% (2009 est.) |
Imports Partners | Japan 20.7%, China 14%, US 10.3%, South Korea 6%, Saudi Arabia 4.8% (2009 est.) |
Browse: Manufacturer Directory Countries China India Korea Premium Suppliers Community Site Map
About EC21 Contact Us Terms & Conditions Report Item Online Trading Risks Product Listing Policy
中文 繁體 한국어 日本語 Español Русский Français Deutsch
Copyright (c)1997-2024 EC21 Inc. All Rights Reserved. EC21 in KoreanChinese
Business Registry Number: 120-86-03931