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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.
The 30 largest trade partners of the United States represent 87.9 percent of U.S. exports, and 87.4 percent of U.S. imports as of 2021. These figures do not include services or foreign direct investment. In 2023, Canada is the largest trading partner of the United States, followed by Mexico. [1]
TSMC generated 70% of its revenue in 2024 from customers based in North America. ... Chips are a major source of export revenue for South Korea and Taiwan, meaning there's a lot more at stake than ...
American Samoa: 74.41 2019 Saint Pierre and Miquelon: 70.43 2022 Wallis and Futuna: 59.98 2022 French Southern and Antarctic Lands: 56.40 2022 British Indian Ocean Territory: 56.64 2022 Christmas Island: 53.78 2022 Saint Helena, Ascension and Tristan da Cunha: 45.22 2022 Montserrat: 39.24 2022 Norfolk Island
Whether it's tapioca balls or computer chips, Taiwan is stretching toward the United States and away from China — the world's No. 2 economy that threatens to take the democratically ruled island ...
Meanwhile, the island’s investments in mainland China have fallen to the lowest level in more than 20 years, dropping nearly 40% to $3 billion last year from a year earlier, according to Taiwan’s Ministry of Economic Affairs. Yet, Taiwan’s investments in the U.S. surged ninefold to $9.6 billion in 2023.
Iowa trade representatives visit Japan, Iowa's No. 2 export meat and corn customer, and Taiwan, No. 8 for soybeans
For most economies worldwide, their leading export and import trading partners in terms of value are typically the United States, the European Union (EU) or China. Emerging markets such as Russia, Brazil, India, South Africa, Saudi Arabia, the UAE, Turkey, and Iran are becoming increasingly important as major markets or source countries in various regions.