Trade in goods with USA SITC (Standard International Trade Classification)
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Taiwan trade flows with USA by SITC*) product sections during 2020/10 - 2021/2

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


Share of USA's2020/10
%
2020/11
%
2020/12
%
2021/1
%
2021/2
%
Export1.92.02.02.41.8
Import2.62.62.62.62.3
Trade in Goods2.32.42.42.62.1

USA's foreign trade with Taiwan, exports to Taiwan and imports from Taiwan in February 2021


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.

Taiwan's share of USA's foreign trade in goods in February 2021 represented a share of 2.1 per cent. Share of USA's that month's exports was 1.8% and 2.3% of imports. In February Taiwan was USA's 11. largest foreign trade partner. Rise from the previous month 2 places. Amounting trade to worth of $6.7 billion was 0.1 per cent bigger than in February of the previous year. In February the trade balance with Taiwan was $2.2 billion in deficit for United States of America.

The value of imports from Taiwan was 12.1 per cent higher than in February of the previous year, thus amounting to $4.5 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 11.5 percent of imports, 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) 9.4 % and Sitc764 (telecommunications equipment, n.e.s., and parts, n.e.s., and accessories of apparatus falling within division 76) 8.9 % of the imports.

The value of exports to Taiwan declined by 17.4 per cent compared to in February of the previous year, thus amounting to $2.3 billion in February 2021. The largest product groups of exports were: Sitc728 (other machinery and equipment specialized for particular industries; parts thereof, n.e.s.), which represented a share of 13.6 per cent of total exports, 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) 12.7 % and Sitc222 (oil-seeds and oleaginous fruits of a kind used for the extraction of *soft* fixed vegetable oils (excluding flours and meals)) 6.1 % of the exports.

Development during January-February 2021

During January-February, trade in goods with Taiwan has grown faster than USA's trade in goods with the rest of the world. During January-February, the value of trade in goods between the two countries rose to $15.2 billion. Growth compared to the corresponding period of the previous year was 6.6 percent. During January-February the value of imports was $9.9 billion. The export value was $5.4 billion. Compared to the corresponding period in 2020, the value of imports during this period increased by 11.8 %. 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 $1.3 billion. In export the largest value had Sitc728 (other machinery and equipment specialized for particular industries; parts thereof, n.e.s.), worth being $823 million. The value of exports during this period decreased by 1.9 %. From USA's point of view, the trade balance between the countries in January-February remained in deficit. The trade deficit was $4.5 billion. The trade deficit continued to widen compared to the corresponding period in 2020. At that time, the deficit was $3.4 billion.


Table: USA's export to Taiwan (TW) during 2020/10 - 2021/2

2020 / 102020 / 112020 / 122021 / 12021 / 2
million $%million $%million $%million $%million $%
0. Food and live animals 214,0 8.3 223,5 8.6 201,2 7.5 193,0 6.2 234,4 10.4
00. Live animals 0,4 0.0 0,1 0.0 0,7 0.0 0,3 0.0 0,1 0.0
01. Meat and meat preparations 71,2 2.8 68,4 2.6 58,10 2.2 53,2 1.7 55,4 2.4
02. Dairy products and birds' eggs 9,3 0.4 7,8 0.3 8,4 0.3 10,1 0.3 10,0 0.4
03. Fish and fish preparations 3,5 0.1 2,8 0.1 4,1 0.1 2,6 0.1 2,4 0.1
04. Cereals and cereal preparations 35,4 1.4 63,9 2.5 48,2 1.8 56,2 1.8 97,1 4.3
05. Vegetables and fruit 52,6 2.0 43,7 1.7 37,7 1.4 31,6 1.0 30,4 1.3
06. Sugars,sugar preparations and honey 1,1 0.0 1,1 0.0 0,5 0.0 0,10 0.0 0,8 0.0
07. Coffee,tea,cocoa,spices 5,3 0.2 4,9 0.2 5,5 0.2 2,10 0.1 5,7 0.2
08. Feeding stuff for animals 20,5 0.8 17,1 0.7 21,4 0.8 18,3 0.6 20,9 0.9
09. Miscellaneous edible products and preparations 15,3 0.6 14,1 0.5 16,2 0.6 17,1 0.6 12,1 0.5
1. Beverages and tobacco 6,6 0.3 9,10 0.4 6,1 0.2 8,4 0.3 8,9 0.4
11. Beverages 6,5 0.3 9,10 0.4 6,1 0.2 6,2 0.2 6,7 0.3
12. Tobacco and tobacco manufactures 0,1 0.0 0,1 0.0 0,1 0.0 2,2 0.1 2,3 0.1
2. Crude materials,inedible,except fuels 152,3 5.9 218,5 8.4 205,2 7.6 181,6 5.9 249,2 11.0
21. Hides,skins,furskins,raw 0,4 0.0 0,6 0.0 0,8 0.0 1,5 0.0 1,0 0.0
22. Oil seeds,oleaginous fruits 64,7 2.5 124,6 4.8 108,4 4.0 87,1 2.8 139,0 6.1
23. Crude rubber (incl.synthetic) 5,2 0.2 6,8 0.3 4,7 0.2 5,4 0.2 3,8 0.2
24. Cork and wood 1,8 0.1 1,8 0.1 2,5 0.1 2,5 0.1 1,10 0.1
25. Pulp and waste paper 14,1 0.5 19,1 0.7 23,10 0.9 19,7 0.6 16,1 0.7
26. Textile fibres and their wastes 1,7 0.1 2,9 0.1 2,9 0.1 6,1 0.2 8,4 0.4
27. Crude fertilizers and crude minerals 3,1 0.1 3,2 0.1 3,3 0.1 4,4 0.1 3,5 0.2
28. Metalliferous ores and metal scrap 59,6 2.3 58,1 2.2 57,1 2.1 54,0 1.7 73,4 3.2
29. Crude animal,vegetable materials n.e.s. 2,2 0.1 1,7 0.1 1,7 0.1 1,5 0.0 2,3 0.1
3. Mineral fuels etc 235,2 9.2 195,6 7.6 147,2 5.5 392,6 12.7 53,2 2.3
33. Petroleum and products 213,1 8.3 163,1 6.3 78,9 2.9 336,10 10.9 38,2 1.7
34. Gas,natural and manufactured 22,0 0.9 32,6 1.3 68,3 2.5 55,7 1.8 15,1 0.7
4. Animal and vegetable oils and fats 0,7 0.0 0,9 0.0 0,10 0.0 0,7 0.0 1,2 0.1
42. Fixed vegetable fats and oils 0,4 0.0 0,7 0.0 0,8 0.0 0,4 0.0 0,10 0.0
5. Chemicals and related products,n.e.s. 327,10 12.8 317,3 12.3 320,8 11.9 328,1 10.6 271,6 12.0
51. Organic chemicals 97,3 3.8 80,9 3.1 90,10 3.4 88,7 2.9 53,10 2.4
52. Inorganic chemicals 37,1 1.4 29,4 1.1 25,3 0.9 33,5 1.1 27,9 1.2
53. Dyeing,tanning and colouring material 8,7 0.3 7,0 0.3 9,3 0.3 8,2 0.3 12,0 0.5
54. Medicinal and pharmaceutical products 24,9 1.0 31,7 1.2 33,8 1.2 34,7 1.1 30,10 1.4
55. Perfume,cleaning etc.preparations 32,6 1.3 36,1 1.4 30,8 1.1 28,1 0.9 29,2 1.3
56. Fertilizers,manufactured 0,3 0.0 7,6 0.3 0,2 0.0 4,6 0.1 0 0.0
57. Plastics in primary forms 57,9 2.3 60,10 2.4 47,4 1.8 54,4 1.8 50,6 2.2
58. Plastics in non-primary forms 23,3 0.9 17,7 0.7 17,7 0.7 24,10 0.8 19,5 0.9
59. Chemical materials and products,n.e.s. 46,1 1.8 46,3 1.8 65,7 2.4 51,3 1.7 47,9 2.1
6. Basic manufactures 95,8 3.7 79,3 3.1 90,5 3.4 97,8 3.2 90,7 4.0
61. Leather,dressed fur,etc. 0,4 0.0 0,6 0.0 0,9 0.0 0,7 0.0 0,5 0.0
62. Rubber manufactures,n.e.s. 3,6 0.1 3,4 0.1 2,7 0.1 2,2 0.1 2,7 0.1
64. Paper,paperboard and articles thereof 12,5 0.5 11,6 0.4 12,4 0.5 13,1 0.4 12,5 0.5
65. Textile yarn,fabrics,made up articles,etc. 3,6 0.1 6,1 0.2 7,5 0.3 3,8 0.1 7,8 0.3
66. Non-metallic mineral manufactures,n.e.s. 17,1 0.7 15,10 0.6 19,1 0.7 18,1 0.6 20,9 0.9
67. Iron and steel 6,1 0.2 5,7 0.2 5,4 0.2 6,4 0.2 6,3 0.3
68. Non-ferrous metals 29,10 1.2 21,7 0.8 26,3 1.0 38,7 1.2 27,3 1.2
69. Manufactures of metals,n.e.s. 22,3 0.9 14,5 0.6 16,2 0.6 14,9 0.5 13,0 0.6
7. Machinery,transport equipment 1.170,2 45.6 1.204,1 46.5 1.341,9 49.8 1.550,0 50.1 1.010,10 44.7
71. Power generating machinery and equipment 21,7 0.8 70,8 2.7 38,7 1.4 21,1 0.7 13,8 0.6
72. Machinery for specialized industries 370,2 14.4 284,9 11.0 432,7 16.0 522,0 16.9 313,3 13.9
73. Metal working machinery 5,2 0.2 2,7 0.1 5,5 0.2 3,2 0.1 3,8 0.2
74. General industrial machinery n.e.s. 58,8 2.3 62,8 2.4 64,1 2.4 67,0 2.2 65,7 2.9
75. Office machines and adp machines 56,10 2.2 43,2 1.7 59,2 2.2 55,8 1.8 58,3 2.6
76. Telecommunications and sound recording equipment 28,4 1.1 34,3 1.3 37,9 1.4 30,8 1.0 33,4 1.5
77. Electric machinery,n.e.s.and parts 363,9 14.2 355,8 13.7 432,0 16.0 491,9 15.9 356,7 15.8
78. Road vehicles 98,2 3.8 92,4 3.6 32,4 1.2 95,10 3.1 48,1 2.1
79. Other transport equipment 167,2 6.5 257,6 9.9 239,8 8.9 262,6 8.5 118,3 5.2
8. Miscellaneous manufactured articles 308,7 12.0 281,1 10.9 312,5 11.6 255,9 8.3 291,8 12.9
81. Prefabr.buildings;sanitary,lighting etc.fixtrs 0,5 0.0 0,7 0.0 0,4 0.0 0,7 0.0 0,3 0.0
82. Furniture and parts thereof 2,8 0.1 3,2 0.1 2,5 0.1 1,4 0.0 2,10 0.1
83. Travel goods,handbags and sim.containers 0,6 0.0 0,5 0.0 0,6 0.0 1,6 0.1 0,5 0.0
84. Articles of apparel and clothing accessories 2,5 0.1 1,5 0.1 1,6 0.1 1,4 0.0 1,5 0.1
85. Footwear 0,5 0.0 0,6 0.0 0,5 0.0 0,2 0.0 0,5 0.0
87. Instruments and apparates n.e.s. 166,3 6.5 167,1 6.5 157,10 5.9 125,10 4.1 151,10 6.7
88. Photographic equipment,optical goods etc. 27,9 1.1 22,4 0.9 27,5 1.0 29,8 1.0 26,0 1.1
89. Miscellaneous manufactured articles,n.e.s. 107,9 4.2 85,6 3.3 121,9 4.5 95,0 3.1 108,4 4.8
9. Goods not classified elsewhere 57,8 2.2 59,3 2.3 71,2 2.6 85,6 2.8 49,8 2.2
93. Special transactions and commodities not classified 22,8 0.9 21,0 0.8 38,8 1.4 43,9 1.4 18,4 0.8
97. Gold,non-monetary 5,3 0.2 9,2 0.4 2,4 0.1 6,6 0.2 5,1 0.2
99. (USA Sitc) Estimate of non-canadian low value shipments; compiled low value shipments to canada; and various export shipments not identified by kind 29,8 1.2 29,1 1.1 30,1 1.1 35,1 1.1 26,4 1.2
0-9. All groups combined 2.568,10 100.0 2.589,2 100.0 2.697,1 100.0 3.093,3 100.0 2.261,3 100.0

Source: US Census Bureau

Table: Import from Taiwan (TW) to USA during 2020/10 - 2021/2

2020 / 102020 / 112020 / 122021 / 12021 / 2
million $%million $%million $%million $%million $%
0. Food and live animals 48,4 0.9 46,0 0.8 47,1 0.8 49,0 0.9 34,6 0.8
02. Dairy products and birds' eggs 2,4 0.0 1,3 0.0 1,5 0.0 1,5 0.0 0,5 0.0
03. Fish and fish preparations 13,6 0.2 12,0 0.2 10,3 0.2 13,8 0.3 10,1 0.2
04. Cereals and cereal preparations 6,1 0.1 7,4 0.1 10,4 0.2 8,5 0.2 3,8 0.1
05. Vegetables and fruit 6,5 0.1 6,3 0.1 5,6 0.1 6,0 0.1 4,9 0.1
06. Sugars,sugar preparations and honey 3,2 0.1 3,6 0.1 3,6 0.1 3,9 0.1 2,10 0.1
07. Coffee,tea,cocoa,spices 2,3 0.0 2,5 0.0 2,5 0.0 1,9 0.0 1,6 0.0
08. Feeding stuff for animals 0,8 0.0 0,5 0.0 0,5 0.0 0,7 0.0 0,7 0.0
09. Miscellaneous edible products and preparations 13,7 0.2 12,6 0.2 12,10 0.2 13,1 0.2 10,1 0.2
1. Beverages and tobacco 4,6 0.1 5,1 0.1 2,9 0.0 2,6 0.0 2,2 0.0
11. Beverages 4,6 0.1 5,1 0.1 2,9 0.0 2,6 0.0 2,2 0.0
2. Crude materials,inedible,except fuels 16,4 0.3 14,5 0.3 14,2 0.2 13,8 0.3 13,1 0.3
23. Crude rubber (incl.synthetic) 4,5 0.1 3,10 0.1 3,2 0.1 3,6 0.1 3,3 0.1
26. Textile fibres and their wastes 1,7 0.0 2,1 0.0 1,10 0.0 2,4 0.0 2,3 0.0
28. Metalliferous ores and metal scrap 1,4 0.0 0,2 0.0 0,5 0.0 0,2 0.0 0,2 0.0
29. Crude animal,vegetable materials n.e.s. 8,4 0.1 8,0 0.1 8,2 0.1 7,2 0.1 6,9 0.2
3. Mineral fuels etc 3,2 0.1 3,5 0.1 1,6 0.0 4,8 0.1 5,6 0.1
33. Petroleum and products 3,1 0.1 3,5 0.1 1,6 0.0 4,8 0.1 5,6 0.1
4. Animal and vegetable oils and fats 1,8 0.0 1,5 0.0 1,3 0.0 1,7 0.0 1,0 0.0
42. Fixed vegetable fats and oils 1,6 0.0 1,5 0.0 1,3 0.0 1,6 0.0 0,10 0.0
5. Chemicals and related products,n.e.s. 174,1 3.1 183,9 3.4 202,0 3.5 173,6 3.2 158,6 3.5
51. Organic chemicals 22,6 0.4 26,6 0.5 28,3 0.5 27,4 0.5 25,1 0.6
52. Inorganic chemicals 13,1 0.2 15,2 0.3 13,4 0.2 13,2 0.2 13,2 0.3
53. Dyeing,tanning and colouring material 3,5 0.1 3,9 0.1 4,1 0.1 3,3 0.1 2,10 0.1
54. Medicinal and pharmaceutical products 12,10 0.2 19,8 0.4 33,5 0.6 10,2 0.2 10,5 0.2
55. Perfume,cleaning etc.preparations 11,4 0.2 9,8 0.2 9,9 0.2 9,2 0.2 7,8 0.2
57. Plastics in primary forms 27,5 0.5 34,7 0.6 33,5 0.6 36,3 0.7 36,1 0.8
58. Plastics in non-primary forms 50,6 0.9 46,3 0.8 47,10 0.8 47,4 0.9 35,9 0.8
59. Chemical materials and products,n.e.s. 32,6 0.6 27,9 0.5 31,6 0.6 26,10 0.5 27,1 0.6
6. Basic manufactures 687,9 12.3 672,9 12.3 689,4 12.1 650,9 12.1 577,0 12.9
61. Leather,dressed fur,etc. 2,6 0.0 2,2 0.0 2,1 0.0 2,4 0.0 1,9 0.0
62. Rubber manufactures,n.e.s. 85,7 1.5 81,4 1.5 88,5 1.6 64,1 1.2 52,8 1.2
63. Wood and cork manufactures 3,7 0.1 3,8 0.1 3,2 0.1 2,6 0.0 3,4 0.1
64. Paper,paperboard and articles thereof 17,5 0.3 15,9 0.3 16,7 0.3 13,3 0.2 9,9 0.2
65. Textile yarn,fabrics,made up articles,etc. 62,4 1.1 54,0 1.0 55,6 1.0 56,1 1.0 49,10 1.1
66. Non-metallic mineral manufactures,n.e.s. 35,0 0.6 33,7 0.6 33,4 0.6 29,1 0.5 27,5 0.6
67. Iron and steel 38,0 0.7 52,5 1.0 53,9 0.9 42,10 0.8 45,9 1.0
68. Non-ferrous metals 18,4 0.3 34,4 0.6 20,4 0.4 33,4 0.6 16,8 0.4
69. Manufactures of metals,n.e.s. 425,0 7.6 395,3 7.3 416,1 7.3 407,3 7.5 369,3 8.3
7. Machinery,transport equipment 3.528,1 62.8 3.276,10 60.1 3.515,1 61.6 3.303,2 61.2 2.681,9 60.0
71. Power generating machinery and equipment 60,0 1.1 53,6 1.0 59,9 1.0 54,4 1.0 52,7 1.2
72. Machinery for specialized industries 110,3 2.0 102,3 1.9 112,3 2.0 103,3 1.9 76,5 1.7
73. Metal working machinery 56,6 1.0 49,9 0.9 61,1 1.1 50,6 0.9 49,7 1.1
74. General industrial machinery n.e.s. 248,1 4.4 247,7 4.5 258,7 4.5 270,6 5.0 229,2 5.1
75. Office machines and adp machines 1.303,9 23.2 1.197,1 22.0 1.295,9 22.7 1.277,8 23.7 942,7 21.1
76. Telecommunications and sound recording equipment 618,2 11.0 647,4 11.9 628,2 11.0 487,7 9.0 455,0 10.2
77. Electric machinery,n.e.s.and parts 807,9 14.4 705,10 13.0 787,7 13.8 790,3 14.6 633,3 14.2
78. Road vehicles 280,8 5.0 256,9 4.7 277,5 4.9 255,8 4.7 221,1 4.9
79. Other transport equipment 42,5 0.8 16,4 0.3 34,1 0.6 13,0 0.2 21,10 0.5
8. Miscellaneous manufactured articles 997,2 17.8 988,1 18.1 1.034,7 18.1 1.014,2 18.8 860,10 19.3
81. Prefabr.buildings;sanitary,lighting etc.fixtrs 11,5 0.2 11,8 0.2 14,2 0.2 13,6 0.3 12,7 0.3
82. Furniture and parts thereof 123,2 2.2 123,6 2.3 115,3 2.0 120,3 2.2 97,1 2.2
83. Travel goods,handbags and sim.containers 3,6 0.1 3,8 0.1 4,3 0.1 3,5 0.1 3,5 0.1
84. Articles of apparel and clothing accessories 21,6 0.4 19,6 0.4 21,5 0.4 21,8 0.4 20,5 0.5
85. Footwear 3,0 0.1 1,6 0.0 2,7 0.0 1,9 0.0 2,5 0.1
87. Instruments and apparates n.e.s. 165,3 2.9 155,1 2.8 152,7 2.7 133,6 2.5 138,3 3.1
88. Photographic equipment,optical goods etc. 37,7 0.7 34,2 0.6 36,2 0.6 32,6 0.6 29,3 0.7
89. Miscellaneous manufactured articles,n.e.s. 631,6 11.2 638,9 11.7 688,0 12.1 687,2 12.7 557,4 12.5
9. Goods not classified elsewhere 153,2 2.7 256,6 4.7 196,2 3.4 184,7 3.4 132,4 3.0
93. Special transactions and commodities not classified 97,6 1.7 200,6 3.7 143,2 2.5 134,9 2.5 87,4 2.0
97. Gold,non-monetary 1,4 0.0 3,7 0.1 0 0.0 0 0.0 1,5 0.0
98. (USA Sitc) Estimate of import items valued under $251 and of other low valued items nonexempt from formal entry 54,3 1.0 52,4 1.0 52,10 0.9 49,8 0.9 43,6 1.0
0-9. All groups combined 5.614,4 100.0 5.448,6 100.0 5.704,1 100.0 5.398,0 100.0 4.466,10 100.0

Source: US Census Bureau

Year level (Sitc)

Year 2021 January - February (Sitc)


Year level of Advanced Technology Products (ATP)

Advanced Technology Products (ATP) of last published months

Year 2021 January - February (ATP)

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