Overview
Taiwan: a thriving democracy, an economic powerhouse in the heart of Asia and an indispensable part of global supply chains.
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23.4 million
Residents
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36 197 km²
Area (≈ Baden-Württemberg)
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Taipei
Capital
Economic Data 2023 - Attractive Market
In our regularly updated factsheet you will find all the important economic data at a glance.
Taiwan accounts for approximately 60% of global microchip production, and its share of the most advanced chips surpasses 90%.
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3.9 Percent
GDP growth
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755 bn US$
GDP
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784 bn US$
Trade volume
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2.5 percent
Inflation
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3.5 percent
Unemployment rate
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≈ 1400 Euro
Average wage
Important Foreign Trade Partners 2023
Germany is Taiwan's most important trading partner in Europe.
Exports
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China (+ HK) Rank 1
35.2 Prozent
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USA Rank 2
17.6 Prozent
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Deutschland Rank 11
1.9 Prozent
Imports
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China Rank 1
20.0 Prozent
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Japan Rank 2
12.6 Prozent
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Deutschland Rank 6
3.2 Prozent
Most Important Trading Goods
Exports (Total volume 432.5 bn US$)
| Category | Value | Share of Total Volume |
| Parts of electronic products | 178.7 bn US$ | 41.3 % |
| Base metals | 28.7 bn US | 6.6 % |
| Machinery | 24.2 bn US$ | 5.6 % |
Imports (Total volume 351.9 bn US$)
| Category | Value | Share of Total Volume |
| Parts of electronic products | 81.4 bn US$ | 23.1 % |
| Machinery | 37.4 bn US | 10.6 % |
| Chemicals | 28.7 bn US$ | 8.2 % |
Impressions from Taiwan
