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The largest import and export merchandise trade partners for most countries of the world are listed below. Details for the European Union, Hong Kong and Macau are also included. In most cases the data relates to 2021 rankings. Data was extracted from the World Trade Organization's Trade Profile Database. [1] [2]
Between 2020 and 2023, bilateral trade between the EU and Taiwan has increased by 42 percent. [37] In 2023, Taiwan was the EU’s 13 th biggest trading partner in the world and its 5 th largest trading partner in Asia in terms of bilateral trade in goods while the EU was Taiwan’s 4 th biggest trading partner after China, the USA and Japan.
Taiwan imports most of its energy needs. The United States is Taiwan's third largest trading partner, taking 11.4% of Taiwanese exports and supplying 10.0% of its imports. [58] [59] Mainland China has recently become Taiwan's largest import and export partner. In 2010, the mainland accounted for 28.0% of Taiwan's exports and 13.2% of imports.
World Trade Organization; World Customs Organization; ... Taiwan: 437,335 2022 ... List of countries by leading trade partners;
The biggest difference with respect to China policy is on trade, where Trump has proposed tariffs on Chinese imports in excess of 60% and ending China’s most-favoured-nation trading status.
The signing of a trade pact between Taiwan and the United States will play a key role in helping the island counter its diplomatic isolation from China, according to Taiwan’s top trade negotiator.
Iowa trade representatives visit Japan, Iowa's No. 2 export meat and corn customer, and Taiwan, No. 8 for soybeans
Think tanks have played a major role in planning and operationalizing relations with countries around the world. [47] European universities, research centers, and think tanks have developed a new academic field of Taiwan studies, especially in Europe, because of the unique status of Taiwan in the world's diplomatic system.