Export/ Import

tw_exp_imp

"Foreign trade has been the engine of Taiwan's rapid growth during the past 50 years," the U.S. State Department reports. "Taiwan's economy remains export-oriented, so it depends on an open world trade regime and remains vulnerable to fluctuations in the world economy. The total value of trade increased more than five-fold in the 1960s, nearly ten-fold in the 1970s, doubled in the 1980s, and nearly doubled again in the 1990s. In the first half of this decade, exports grew 60%. Export composition changed from predominantly agricultural commodities to industrial goods (now 98%). The electronics sector is Taiwan's most important industrial export sector."

Export and Import Facts

Export/ Import Resources