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TAIWAN
Fact sheets are updated biannually; June and December
General information
Capital:
Land area:
Official language(s):
Population:
Currency:
Taipei
36,000 sq km
Mandarin
23.5 million (2015)
New Taiwan dollar
President #
Tsai Ing-wen
# The Australian Government recognises the People's Republic of China as the sole legal government of
China. It has no official dealings with Taiwan.
2011
2012
2013
2014
2015
2016
485.7
20,911.6
947.1
40,777.5
3.8
39.9
8.2
1.4
4.4
495.9
21,269.6
984.4
42,220.4
2.1
47.3
9.5
1.9
4.2
511.6
21,888.0
1,022.3
43,738.9
2.2
53.1
10.4
0.8
4.2
530.0
22,618.6
1,081.5
46,150.6
3.9
63.8
12.0
1.2
4.0
523.0
22,263.1
1,100.2
46,832.7
0.6
76.2
14.6
-0.3
3.8
519.1
22,044.0
1,125.5
47,790.1
1.0
77.9
15.0
1.1
3.9
Economic indicators (a)
GDP (US$b) (current prices)
GDP per capita (US$)
GDP PPP (Int'l $b)
GDP per capita PPP (Int'l $)
Real GDP growth (% change yoy)
Current account balance (US$b)
Current account balance (% GDP)
Inflation (% change yoy)
Unemployment (% labour force)
Australia's trade and investment relationship with Taiwan (b)
Australian merchandise trade with Taiwan, 2015-16 (A$m)
Exports to Taiwan
6,452
Imports from Taiwan
4,551
Total merchandise trade (exports + imports)
11,003
Major Australian exports, 2015-16 (A$m)
Coal
Iron ores & concentrates
Copper ores & concentrates
Aluminium
2,545
1,021
346
299
Total share
2.6%
1.7%
2.1%
Rank
9th
15th
13th
Growth (yoy)
-6.1%
-6.2%
-6.1%
Major Australian imports, 2015-16 (A$m)
Refined petroleum
Telecom equipment & parts
Computers
Motorcycles & cycles
532
278
176
161
*Includes $473.8m of confidential items, 10% of total imports.
Australia's trade in services with Taiwan, 2015-16 (A$m)
Exports of services to Taiwan
Imports of services from Taiwan
1,048
236
Major Australian services exports, 2015-16 (A$m)
Personal travel excluding education
Education-related travel
489
373
Total share
1.5%
0.3%
Rank
14th
34th
Growth (yoy)
22.6%
-5.6%
Major Australian services imports, 2015-16 (A$m)
Personal travel excluding education
Transport
Australia's investment relationship with Taiwan, 2015 (A$m)
Australia's investment in Taiwan
Taiwan's investment in Australia
Total
5,557
7,427
110
74
FDI
np
116
Taiwan's global merchandise trade relationships
Taiwan's principal export destinations, 2015
1 China
2 Hong Kong
3 United States
14 Australia
25.4%
12.7%
12.5%
1.2%
Taiwan's principal import sources, 2015
1 China
2 Japan
3 United States
10 Australia
19.4%
17.0%
11.6%
2.5%
Compiled by the Economic Diplomacy, Trade Advocacy & Statistics Section, DFAT, using the latest data from the ABS, the IMF and various international sources.
(a) Economic indicators data is from the IMF WEO where available, the EIU or other reputable source. Data may include forecasts or projections for recent years. GNI may be shown in lieu of GDP for countries where GDP data is unavailable.
(b) Merchandise trade data is based on published and unpublished ABS data. May exclude confidential items of trade. Totals may not add up due to rounding. Investment data is stocks as at end December.
All data may be subject to future revisions.
GDP - Gross Domestic Product PPP - Purchasing power parity GNI - Gross National Income na - Data is not available np - Data is not published .. - Data is not meaningful Primary - Primary goods STM - Simply transformed manufactures
ETM - Elaborately transformed manufactures Other - Other goods including non-monetary gold f.c.f. - Fresh, chilled or frozen nes - Not elsewhere specified