Trade in goods with USA SITC (Standard International Trade Classification)
Suomeksi - in Finnish

Taiwan trade flows with USA by SITC*) product sections during 2020/3 - 2020/7

*) Standard International Trade Classification (classification system is maintained by the United Nations)


Share of USA's2020/3
%
2020/4
%
2020/5
%
2020/6
%
2020/7
%
Export2.12.52.42.12.0
Import2.32.83.02.72.6
Trade in Goods2.32.72.82.52.4

USA's foreign trade with Taiwan, exports to Taiwan and imports from Taiwan in Juli 2020


The text of the following analysis is produced by a computer program. The program is a test version and its rule base at this stage is still quite limited.

Trade with Taiwan represented in Juli of 2020, 2.4 per cent share of USA's foreign trade in goods, 2.0% of USA's exports and 2.6% of imports. In Juli Taiwan was USA's tenth largest foreign trade partner. Amounting trade to worth of $7.6 billion was 4.8 per cent bigger than in Juli of the previous year. In Juli the trade balance with Taiwan was $3.0 billion in deficit for United States of America.

The value of imports from Taiwan was 12.1 per cent higher than in Juli of the previous year, thus amounting to $5.3 billion. Major product categories of imports from Taiwan were Sitc752 (automatic data-processing machines and units thereof; magnetic or optical readers, machines for transcribing data onto data media in coded form and machines for processing such data, n.e.s.), representing 17.0 percent of imports, Sitc764 (telecommunications equipment, n.e.s., and parts, n.e.s., and accessories of apparatus falling within division 76) 9.6 % and Sitc759 (parts and accessories (other than covers, carrying cases and the like) suitable for use solely or principally with machines falling withing groups 751 and 752) 9.5 % of the imports.

The value of exports to Taiwan declined by 9.0 per cent compared to in Juli of the previous year, thus amounting to $2.3 billion in Juli 2020. The largest product groups of exports were: Sitc776 (thermionic, cold cathode or photo-cathode valves and tubes (e.g., vacuum or vapour or gas-filled valves and tubes, mercury arc rectifying valves and tubes, cathode-ray tubes, television camera tubes); diodes, transistors and similar semiconductor dev), which represented a share of 15.3 per cent of total exports, Sitc728 (other machinery and equipment specialized for particular industries; parts thereof, n.e.s.) 13.3 % and Sitc874 (measuring, checking, analysing and controlling instruments and apparatus, n.e.s.) 5.8 % of the exports.

Development during January-Juli 2020

During January-Juli, the value of goods between the two countries rose to $50.4 billion. Growth compared to the corresponding period of the previous year was 3.6 percent. During January-Juli the value of imports was $33.0 billion. The export value was $17.4 billion. Compared to the corresponding period in 2019, the value of imports during this period increased by 7.3 %. The largest value in imports was in Sitc752 (automatic data-processing machines and units thereof; magnetic or optical readers, machines for transcribing data onto data media in coded form and machines for processing such data, n.e.s.), worth $4.5 billion. In export the largest value had Sitc728 (other machinery and equipment specialized for particular industries; parts thereof, n.e.s.), worth being $2.2 billion. The value of exports during this period decreased by 2.7 %. From USA's point of view, the trade balance between the countries in January-Juli remained in deficit. The trade deficit was $15.5 billion. The trade deficit continued to widen compared to the corresponding period in 2019. At that time, the deficit was $12.8 billion.


Table: USA's export to Taiwan (TW) during 2020/3 - 2020/7

2020 / 32020 / 42020 / 52020 / 62020 / 7
million $%million $%million $%million $%million $%
0. Food and live animals 221,1 7.7 223,7 9.4 198,4 9.1 176,6 7.8 259,1 11.3
00. Live animals 0,1 0.0 1,2 0.0 0,1 0.0 0,3 0.0 0,3 0.0
01. Meat and meat preparations 74,6 2.6 75,9 3.2 61,4 2.8 58,6 2.6 76,4 3.3
02. Dairy products and birds' eggs 9,3 0.3 11,0 0.5 11,6 0.5 12,3 0.5 11,7 0.5
03. Fish and fish preparations 3,4 0.1 3,9 0.2 2,4 0.1 1,8 0.1 2,3 0.1
04. Cereals and cereal preparations 63,8 2.2 51,5 2.2 51,9 2.4 24,1 1.1 60,7 2.6
05. Vegetables and fruit 23,8 0.8 29,2 1.2 28,9 1.3 38,2 1.7 63,7 2.8
06. Sugars,sugar preparations and honey 0,9 0.0 0,8 0.0 1,3 0.1 0,7 0.0 0,9 0.0
07. Coffee,tea,cocoa,spices 5,4 0.2 7,3 0.3 4,2 0.2 3,6 0.2 4,10 0.2
08. Feeding stuff for animals 22,9 0.8 23,10 1.0 22,5 1.0 19,3 0.9 20,1 0.9
09. Miscellaneous edible products and preparations 17,4 0.6 19,3 0.8 14,5 0.7 18,1 0.8 18,5 0.8
1. Beverages and tobacco 8,9 0.3 8,7 0.4 6,1 0.3 5,6 0.2 2,9 0.1
11. Beverages 7,3 0.3 8,2 0.3 6,1 0.3 5,5 0.2 2,7 0.1
12. Tobacco and tobacco manufactures 1,7 0.1 0,5 0.0 0,1 0.0 0,2 0.0 0,3 0.0
2. Crude materials,inedible,except fuels 153,0 5.3 117,6 4.9 144,2 6.6 106,7 4.7 104,8 4.6
21. Hides,skins,furskins,raw 1,7 0.1 1,6 0.1 0,6 0.0 0,3 0.0 0,3 0.0
22. Oil seeds,oleaginous fruits 48,2 1.7 14,1 0.6 24,8 1.1 14,1 0.6 8,4 0.4
23. Crude rubber (incl.synthetic) 4,9 0.2 4,2 0.2 3,0 0.1 2,4 0.1 2,6 0.1
24. Cork and wood 2,6 0.1 2,5 0.1 5,4 0.2 1,9 0.1 1,7 0.1
25. Pulp and waste paper 19,4 0.7 15,10 0.7 13,2 0.6 15,9 0.7 14,2 0.6
26. Textile fibres and their wastes 11,2 0.4 7,5 0.3 5,7 0.3 4,1 0.2 4,1 0.2
27. Crude fertilizers and crude minerals 4,6 0.2 5,2 0.2 4,6 0.2 2,8 0.1 2,3 0.1
28. Metalliferous ores and metal scrap 59,1 2.1 64,8 2.7 84,9 3.9 63,8 2.8 70,7 3.1
29. Crude animal,vegetable materials n.e.s. 1,7 0.1 1,10 0.1 2,2 0.1 1,9 0.1 0,9 0.0
3. Mineral fuels etc 500,8 17.5 334,1 14.0 147,8 6.8 313,1 13.9 84,5 3.7
33. Petroleum and products 425,7 14.9 304,7 12.8 86,5 4.0 269,5 11.9 71,7 3.1
34. Gas,natural and manufactured 75,0 2.6 29,4 1.2 61,3 2.8 43,6 1.9 12,8 0.6
4. Animal and vegetable oils and fats 1,2 0.0 1,1 0.0 1,2 0.1 1,7 0.1 1,2 0.1
41. Animal oils and fats 0,2 0.0 0,6 0.0 0,1 0.0 0,5 0.0 0,4 0.0
42. Fixed vegetable fats and oils 1,0 0.0 0,5 0.0 1,0 0.0 1,2 0.1 0,8 0.0
5. Chemicals and related products,n.e.s. 412,8 14.4 322,7 13.5 326,3 14.9 322,7 14.3 278,2 12.1
51. Organic chemicals 89,9 3.1 80,8 3.4 63,6 2.9 102,3 4.5 67,7 3.0
52. Inorganic chemicals 24,4 0.9 40,4 1.7 30,1 1.4 24,3 1.1 25,5 1.1
53. Dyeing,tanning and colouring material 10,0 0.3 8,7 0.4 9,8 0.4 8,2 0.4 5,7 0.2
54. Medicinal and pharmaceutical products 134,1 4.7 28,9 1.2 50,6 2.3 35,4 1.6 32,3 1.4
55. Perfume,cleaning etc.preparations 27,6 1.0 30,9 1.3 32,2 1.5 30,7 1.4 25,3 1.1
56. Fertilizers,manufactured 4,6 0.2 0,3 0.0 10,6 0.5 0,1 0.0 9,3 0.4
57. Plastics in primary forms 53,4 1.9 55,8 2.3 54,5 2.5 42,1 1.9 53,6 2.3
58. Plastics in non-primary forms 16,3 0.6 18,7 0.8 19,1 0.9 14,0 0.6 12,2 0.5
59. Chemical materials and products,n.e.s. 52,8 1.8 58,5 2.4 56,2 2.6 65,10 2.9 47,1 2.1
6. Basic manufactures 99,6 3.5 95,6 4.0 97,4 4.4 82,8 3.7 77,0 3.4
61. Leather,dressed fur,etc. 0,7 0.0 0,6 0.0 0,4 0.0 0,2 0.0 0,2 0.0
62. Rubber manufactures,n.e.s. 3,8 0.1 3,10 0.2 4,4 0.2 2,6 0.1 3,10 0.2
64. Paper,paperboard and articles thereof 18,4 0.6 20,7 0.9 19,4 0.9 13,5 0.6 12,10 0.6
65. Textile yarn,fabrics,made up articles,etc. 5,8 0.2 4,3 0.2 4,10 0.2 4,6 0.2 3,7 0.2
66. Non-metallic mineral manufactures,n.e.s. 21,9 0.8 19,4 0.8 24,3 1.1 18,4 0.8 16,2 0.7
67. Iron and steel 7,5 0.3 7,1 0.3 6,2 0.3 3,9 0.2 3,9 0.2
68. Non-ferrous metals 27,1 0.9 24,2 1.0 23,3 1.1 26,9 1.2 23,9 1.0
69. Manufactures of metals,n.e.s. 14,4 0.5 15,6 0.6 14,5 0.7 12,7 0.6 12,3 0.5
7. Machinery,transport equipment 1.122,8 39.2 987,6 41.3 962,10 44.0 926,5 41.1 1.174,9 51.3
71. Power generating machinery and equipment 22,1 0.8 37,0 1.5 10,7 0.5 17,7 0.8 42,6 1.9
72. Machinery for specialized industries 343,2 12.0 294,3 12.3 233,1 10.7 261,1 11.6 309,6 13.5
73. Metal working machinery 4,2 0.1 4,2 0.2 3,0 0.1 4,8 0.2 1,7 0.1
74. General industrial machinery n.e.s. 55,8 1.9 54,5 2.3 66,1 3.0 52,1 2.3 52,7 2.3
75. Office machines and adp machines 52,3 1.8 57,2 2.4 64,0 2.9 38,5 1.7 80,3 3.5
76. Telecommunications and sound recording equipment 34,8 1.2 22,4 0.9 28,4 1.3 32,4 1.4 31,5 1.4
77. Electric machinery,n.e.s.and parts 388,8 13.6 384,2 16.1 397,7 18.2 400,7 17.8 427,1 18.6
78. Road vehicles 80,2 2.8 41,5 1.7 44,5 2.0 41,7 1.8 125,7 5.5
79. Other transport equipment 141,8 5.0 92,6 3.9 115,8 5.3 77,10 3.5 103,10 4.5
8. Miscellaneous manufactured articles 282,8 9.9 250,5 10.5 260,8 11.9 270,5 12.0 257,8 11.3
82. Furniture and parts thereof 3,1 0.1 2,1 0.1 2,5 0.1 2,10 0.1 2,2 0.1
84. Articles of apparel and clothing accessories 2,8 0.1 2,2 0.1 1,2 0.1 2,0 0.1 2,2 0.1
85. Footwear 0,5 0.0 0,4 0.0 0,2 0.0 0,5 0.0 0,6 0.0
87. Instruments and apparates n.e.s. 182,8 6.4 150,0 6.3 167,10 7.7 184,0 8.2 173,5 7.6
88. Photographic equipment,optical goods etc. 24,5 0.9 27,0 1.1 30,9 1.4 27,9 1.2 24,3 1.1
89. Miscellaneous manufactured articles,n.e.s. 68,6 2.4 68,6 2.9 57,7 2.6 52,5 2.3 54,4 2.4
9. Goods not classified elsewhere 59,10 2.1 47,9 2.0 43,0 2.0 49,5 2.2 50,2 2.2
93. Special transactions and commodities not classified 21,9 0.8 14,3 0.6 13,3 0.6 20,8 0.9 21,6 0.9
97. Gold,non-monetary 2,0 0.1 5,7 0.2 4,4 0.2 2,1 0.1 3,2 0.1
99. (USA Sitc) Estimate of non-canadian low value shipments; compiled low value shipments to canada; and various export shipments not identified by kind 36,1 1.3 27,10 1.2 25,4 1.2 26,7 1.2 25,5 1.1
0-9. All groups combined 2.862,5 100.0 2.388,10 100.0 2.187,8 100.0 2.255,4 100.0 2.290,1 100.0

Source: US Census Bureau

Table: Import from Taiwan (TW) to USA during 2020/3 - 2020/7

2020 / 32020 / 42020 / 52020 / 62020 / 7
million $%million $%million $%million $%million $%
0. Food and live animals 44,5 1.0 46,2 1.0 36,4 0.7 37,3 0.8 49,0 0.9
02. Dairy products and birds' eggs 1,10 0.0 3,1 0.1 2,8 0.1 3,7 0.1 4,3 0.1
03. Fish and fish preparations 14,5 0.3 11,8 0.3 8,5 0.2 8,5 0.2 11,0 0.2
04. Cereals and cereal preparations 5,8 0.1 7,3 0.2 7,2 0.1 6,5 0.1 10,3 0.2
05. Vegetables and fruit 6,4 0.1 6,2 0.1 4,3 0.1 3,6 0.1 5,2 0.1
06. Sugars,sugar preparations and honey 2,5 0.1 3,2 0.1 2,4 0.0 2,2 0.0 2,5 0.0
07. Coffee,tea,cocoa,spices 1,5 0.0 2,3 0.0 1,4 0.0 1,6 0.0 2,1 0.0
08. Feeding stuff for animals 0,6 0.0 0,4 0.0 0,4 0.0 0,5 0.0 0,2 0.0
09. Miscellaneous edible products and preparations 11,4 0.2 12,3 0.3 9,7 0.2 10,10 0.2 13,6 0.3
1. Beverages and tobacco 3,6 0.1 3,9 0.1 3,10 0.1 3,8 0.1 3,6 0.1
11. Beverages 3,6 0.1 3,9 0.1 3,10 0.1 3,5 0.1 3,6 0.1
2. Crude materials,inedible,except fuels 20,10 0.5 18,6 0.4 16,1 0.3 14,8 0.3 15,1 0.3
23. Crude rubber (incl.synthetic) 10,5 0.2 7,8 0.2 7,4 0.2 4,9 0.1 3,5 0.1
26. Textile fibres and their wastes 2,1 0.0 2,6 0.1 2,2 0.0 2,7 0.1 2,8 0.1
28. Metalliferous ores and metal scrap 0,7 0.0 0,5 0.0 0,2 0.0 0,1 0.0 0,2 0.0
29. Crude animal,vegetable materials n.e.s. 7,4 0.2 7,3 0.2 5,8 0.1 6,9 0.1 8,1 0.2
3. Mineral fuels etc 11,4 0.2 37,9 0.8 20,2 0.4 11,5 0.2 2,3 0.0
33. Petroleum and products 11,4 0.2 37,9 0.8 20,2 0.4 11,4 0.2 2,3 0.0
4. Animal and vegetable oils and fats 0,10 0.0 1,3 0.0 0,8 0.0 0,10 0.0 1,7 0.0
42. Fixed vegetable fats and oils 0,10 0.0 1,3 0.0 0,8 0.0 0,10 0.0 1,7 0.0
5. Chemicals and related products,n.e.s. 181,3 4.0 184,3 4.0 194,1 4.0 177,3 3.7 173,1 3.3
51. Organic chemicals 29,6 0.6 27,6 0.6 33,10 0.7 24,1 0.5 23,3 0.4
52. Inorganic chemicals 15,0 0.3 14,8 0.3 13,8 0.3 13,8 0.3 14,1 0.3
53. Dyeing,tanning and colouring material 4,8 0.1 5,1 0.1 4,10 0.1 4,0 0.1 4,2 0.1
54. Medicinal and pharmaceutical products 15,2 0.3 11,2 0.2 14,0 0.3 19,7 0.4 12,9 0.2
55. Perfume,cleaning etc.preparations 9,4 0.2 9,2 0.2 8,6 0.2 8,5 0.2 9,5 0.2
56. Fertilizers,manufactured 0,6 0.0 0,1 0.0 0,1 0.0 0,1 0.0 0,1 0.0
57. Plastics in primary forms 37,4 0.8 43,5 0.9 37,4 0.8 31,4 0.7 29,2 0.5
58. Plastics in non-primary forms 45,6 1.0 47,2 1.0 44,7 0.9 45,9 1.0 48,4 0.9
59. Chemical materials and products,n.e.s. 24,1 0.5 25,8 0.6 36,9 0.8 30,3 0.6 31,7 0.6
6. Basic manufactures 610,6 13.4 652,8 14.1 596,7 12.3 598,9 12.5 627,2 11.8
61. Leather,dressed fur,etc. 1,6 0.0 1,4 0.0 1,6 0.0 1,7 0.0 1,8 0.0
62. Rubber manufactures,n.e.s. 68,8 1.5 71,4 1.5 52,4 1.1 51,5 1.1 72,4 1.4
63. Wood and cork manufactures 2,5 0.1 2,7 0.1 2,4 0.0 2,7 0.1 3,3 0.1
64. Paper,paperboard and articles thereof 18,2 0.4 21,7 0.5 15,3 0.3 15,4 0.3 13,7 0.3
65. Textile yarn,fabrics,made up articles,etc. 45,7 1.0 45,4 1.0 45,0 0.9 51,4 1.1 56,2 1.1
66. Non-metallic mineral manufactures,n.e.s. 26,4 0.6 26,1 0.6 24,10 0.5 26,9 0.6 30,6 0.6
67. Iron and steel 71,5 1.6 68,9 1.5 80,1 1.6 72,2 1.5 53,3 1.0
68. Non-ferrous metals 20,5 0.4 26,9 0.6 25,0 0.5 27,7 0.6 30,7 0.6
69. Manufactures of metals,n.e.s. 355,8 7.8 388,5 8.4 350,3 7.2 349,9 7.3 365,5 6.9
7. Machinery,transport equipment 2.741,6 60.3 2.747,0 59.2 3.002,5 61.9 2.895,7 60.3 3.429,10 64.6
71. Power generating machinery and equipment 61,4 1.3 50,1 1.1 43,2 0.9 42,4 0.9 48,5 0.9
72. Machinery for specialized industries 79,9 1.8 73,4 1.6 70,7 1.5 84,4 1.8 97,5 1.8
73. Metal working machinery 49,9 1.1 57,10 1.2 44,2 0.9 44,4 0.9 49,7 0.9
74. General industrial machinery n.e.s. 203,7 4.5 211,1 4.5 203,1 4.2 209,7 4.4 229,7 4.3
75. Office machines and adp machines 833,8 18.3 981,3 21.1 1.247,9 25.7 1.087,1 22.6 1.424,4 26.8
76. Telecommunications and sound recording equipment 516,8 11.4 479,1 10.3 571,5 11.8 552,10 11.5 599,6 11.3
77. Electric machinery,n.e.s.and parts 731,6 16.1 645,10 13.9 610,9 12.6 637,5 13.3 707,5 13.3
78. Road vehicles 236,4 5.2 224,9 4.8 199,1 4.1 202,8 4.2 239,2 4.5
79. Other transport equipment 28,5 0.6 23,6 0.5 12,2 0.3 34,10 0.7 34,4 0.6
8. Miscellaneous manufactured articles 741,3 16.3 792,7 17.1 782,7 16.1 904,6 18.8 841,2 15.8
81. Prefabr.buildings;sanitary,lighting etc.fixtrs 10,3 0.2 10,5 0.2 10,3 0.2 11,8 0.2 11,5 0.2
82. Furniture and parts thereof 88,9 2.0 96,5 2.1 83,9 1.7 84,1 1.7 98,3 1.8
83. Travel goods,handbags and sim.containers 5,2 0.1 4,5 0.1 3,5 0.1 2,9 0.1 3,10 0.1
84. Articles of apparel and clothing accessories 21,6 0.5 19,10 0.4 20,10 0.4 23,8 0.5 23,4 0.4
85. Footwear 2,3 0.1 2,1 0.0 2,0 0.0 1,8 0.0 3,1 0.1
87. Instruments and apparates n.e.s. 131,6 2.9 145,8 3.1 143,3 3.0 169,10 3.5 149,1 2.8
88. Photographic equipment,optical goods etc. 27,10 0.6 25,3 0.5 29,7 0.6 28,4 0.6 30,7 0.6
89. Miscellaneous manufactured articles,n.e.s. 453,9 10.0 488,4 10.5 489,3 10.1 582,3 12.1 521,5 9.8
9. Goods not classified elsewhere 193,4 4.3 156,6 3.4 199,6 4.1 159,10 3.3 168,2 3.2
93. Special transactions and commodities not classified 135,4 3.0 104,8 2.3 152,7 3.1 113,7 2.4 116,4 2.2
97. Gold,non-monetary 1,1 0.0 0,8 0.0 0,9 0.0 0,5 0.0 1,0 0.0
98. (USA Sitc) Estimate of import items valued under $251 and of other low valued items nonexempt from formal entry 56,9 1.3 51,1 1.1 46,1 0.9 45,9 1.0 50,9 1.0
0-9. All groups combined 4.549,2 100.0 4.640,9 100.0 4.852,5 100.0 4.804,5 100.0 5.310,10 100.0

Source: US Census Bureau

Year level (Sitc)

Year 2020 January - Juli (Sitc)

USA's Trade in Goods Start Page