2023 trade figures 結果共2筆

Taiwan’s export performance reached a historic high from 2021 to 2023, but experienced a 9.8% decline in 2023 compared to the previous year, according to the Ministry of Finance. Despite this setback, exports to the U.S. continued to soar with a 49.7% year-on-year increase, while exports to countries covered by Taiwan’s New Southbound Policy also saw significant growth. However, exports to mainland China decreased to 35.2%. Taiwan’s total export tally for 2023 amounted to US$432.48 billion, ranking behind only 2022 and 2021. The demand for communications and electronic products during the pandemic-induced work-from-home trend boosted Taiwan’s exports. The Taiwan Institute of Economic Research predicted significant international trade growth in 2024, which would benefit export-oriented economies like Taiwan. In December 2023, Taiwan’s exports to the U.S. reached $8.49 billion, and exports to southern countries surged by over 50%. However, due to the limited coverage of free trade agreements (FTAs), many traditional Taiwanese industries chose to restructure risks and production in Southeast and South Asia. The return of Taiwanese businesses and the expansion of local factories after the U.S.-China trade war, as well as global economic circumstances, significantly impacted the decline in 2023 exports. The Directorate General of Budget, Accounting and Statistics (DGBAS) estimated the first-quarter export volume for 2024 to be around US$106.1 billion, which is an improvement compared to the same period in 2023, but a 10% decrease from 2022.

Taiwan’s exports for 2023 are projected to exceed US＄400 billion, making it the third-highest on record. Minister of Finance Chuang Tsui-yun expressed confidence in the sustained positive trend, with monthly exports in the fourth quarter expected to surpass US＄30 billion each. The country has accumulated US＄355.1 billion in export figures for the first ten months, putting it on track to achieve the forecast. Year-end stockpiling needs, emerging technologies, and opportunities in artificial intelligence contribute to cautious optimism for November and December’s export performance. Taiwan’s full-year exports are anticipated to trail behind the US＄446.4 billion seen in 2021 and the US＄479.4 billion in 2022. Since 2017, Taiwan’s annual exports have consistently surpassed US＄300 billion, a significant increase from the figures prior to 2016. The Directorate General of Budget, Accounting, and Statistics forecasts a 6.3 percent export growth rate for the coming year.