Taiwan recorded total export value of US$23.83 billion in December 2010, slipping 2.2% on month but rising 19.1% on year, while the corresponding total import value of US$22.23 billion also decreased 7.2% and increased 21.4% respectively, according to statistics released by the Ministry of Finance (MOF) on January 7.
Among different categories of Taiwan-made products, electronics had the largest export value of US$6.72 billion in December, falling 0.5% on month but rising 20.5% on year.
The total export value of US$274.64 billion and total import value of US$251.40 billion for the whole year of 2010 grew from 2009 by 34.8% and 44.2% respectively.
| Taiwan: Main export markets and export values (US$m) |
| Export market | December 2010 | Whole year of 2010 |
| Export value | Proportion of total value | Trade balance* | Export value | Proportion of total value | Trade balance* |
| China plus Hong Kong | 9,815.6 | 41.2% | 6,283.9 | 114,746.6 | 41.8% | 77,164.9 |
| US | 2,709.1 | 11.4% | 302.6 | 31,469.4 | 11.5% | 6,096.4 |
| Europe | 2,832.9 | 11.9% | 326.9 | 29,381.2 | 10.7% | 3,367.9 |
| Japan | 1,421.6 | 6.0% | -2,798.2 | 18,023.7 | 6.6% | -33,906.8 |
* Export value minus import value
Source: MOF, compiled by Digitimes, January 2011