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

Taiwan trade flows with USA by SITC*) product sections during 2021/3 - 2021/7

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


Share of USA's2021/3
%
2021/4
%
2021/5
%
2021/6
%
2021/7
%
Export2.22.12.12.12.1
Import2.42.72.82.72.8
Trade in Goods2.32.52.52.52.6

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

In Juli Taiwan was USA's seventh most important foreign trade partner. In Juli 2021 Taiwan represented 2.6 per cent of USA's foreign trade in goods, 2.1 % of USA's exports and 2.8 % of imports. Amounting trade to worth of $9.8 billion was 29.3 per cent bigger than in Juli of the previous year. In Juli the trade balance with Taiwan was $3.6 billion in deficit for United States of America.

The value of imports from Taiwan was 26.4 per cent higher than in Juli of the previous year, thus amounting to $6.7 billion. Major product categories of imports from Taiwan were 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), representing 12.7 percent of imports, 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.) 10.5 % and Sitc764 (telecommunications equipment, n.e.s., and parts, n.e.s., and accessories of apparatus falling within division 76) 7.9 % of the imports.

The value of exports to Taiwan were 36.0 percent higher than in Juli of the previous year, thus amounting to $3.1 billion. 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 21.8 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) 13.5 % and Sitc874 (measuring, checking, analysing and controlling instruments and apparatus, n.e.s.) 4.5 % of the exports.

Significant increase in trade in goods in early 2021

During January-Juli, trade in goods with Taiwan has grown faster than USA's trade in goods with the rest of the world. During this year trade in goods between countries was significantly higher than in January-Juli of the previous year. Growth was as high as 24.6230448516767 per cent and the value of the trade increased to $62.5 billion. During January-Juli the value of imports was $41.5 billion. The export value was $21.0 billion. Compared to the corresponding period of the previous year, the value of imports increased by 25.8% and the value of exports by 22.3%. The largest product group in terms of imports has been 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 $4.6 billion. In export the largest value had Sitc728 (other machinery and equipment specialized for particular industries; parts thereof, n.e.s.), worth being $3.1 billion. From USA's point of view, the trade balance between the countries in January-Juli remained in deficit. The trade deficit was $20.5 billion. The trade deficit continued to widen compared to the corresponding period in 2020. At that time, the deficit was $15.8 billion.


Table: USA's export to Taiwan (TW) during 2021/3 - 2021/7

2021 / 32021 / 42021 / 52021 / 62021 / 7
million $%million $%million $%million $%million $%
0. Food and live animals 341.8 10.2 300.5 10.0 231.3 7.6 212.10 6.8 232.8 7.5
00. Live animals 0.8 0.0 0.6 0.0 0.2 0.0 0.6 0.0 0.8 0.0
01. Meat and meat preparations 59.5 1.8 69.10 2.3 71.9 2.4 73.7 2.3 75.2 2.4
02. Dairy products and birds' eggs 8.9 0.3 10.7 0.4 9.7 0.3 10.1 0.3 12.0 0.4
03. Fish and fish preparations 2.10 0.1 4.1 0.1 1.7 0.1 1.9 0.1 2.7 0.1
04. Cereals and cereal preparations 186.2 5.6 136.3 4.5 62.4 2.1 41.4 1.3 23.3 0.8
05. Vegetables and fruit 30.2 0.9 27.7 0.9 31.9 1.1 39.5 1.3 51.2 1.7
06. Sugars,sugar preparations and honey 0.9 0.0 0.10 0.0 1.6 0.0 1.1 0.0 0.7 0.0
07. Coffee,tea,cocoa,spices 6.0 0.2 7.8 0.3 3.7 0.1 5.2 0.2 4.8 0.2
08. Feeding stuff for animals 22.2 0.7 22.2 0.7 28.3 0.9 21.6 0.7 18.7 0.6
09. Miscellaneous edible products and preparations 24.6 0.7 20.5 0.7 20.3 0.7 18.4 0.6 43.8 1.4
1. Beverages and tobacco 6.10 0.2 10.1 0.3 7.8 0.3 7.3 0.2 6.10 0.2
11. Beverages 6.9 0.2 7.8 0.3 7.7 0.3 7.3 0.2 6.0 0.2
12. Tobacco and tobacco manufactures 0.1 0.0 2.3 0.1 0.1 0.0 0.1 0.0 0.10 0.0
2. Crude materials,inedible,except fuels 198.4 5.9 162.1 5.4 156.1 5.2 112.9 3.6 137.4 4.4
21. Hides,skins,furskins,raw 1.1 0.0 1.4 0.0 1.2 0.0 0.10 0.0 1.1 0.0
22. Oil seeds,oleaginous fruits 55.4 1.6 49.5 1.6 24.9 0.8 6.6 0.2 10.0 0.3
23. Crude rubber (incl.synthetic) 5.5 0.2 4.6 0.1 3.4 0.1 5.5 0.2 6.6 0.2
24. Cork and wood 3.7 0.1 2.3 0.1 3.0 0.1 2.10 0.1 4.2 0.1
25. Pulp and waste paper 14.9 0.4 22.9 0.8 22.7 0.7 23.1 0.7 32.6 1.1
26. Textile fibres and their wastes 7.7 0.2 7.7 0.3 11.7 0.4 7.10 0.3 6.5 0.2
27. Crude fertilizers and crude minerals 4.2 0.1 5.1 0.2 6.4 0.2 3.8 0.1 5.5 0.2
28. Metalliferous ores and metal scrap 104.7 3.1 67.5 2.2 80.9 2.7 60.6 1.9 69.7 2.3
29. Crude animal,vegetable materials n.e.s. 1.5 0.0 1.5 0.0 2.3 0.1 1.7 0.1 1.5 0.0
3. Mineral fuels etc 667.6 19.9 440.1 14.6 499.6 16.5 624.1 19.8 291.1 9.4
33. Petroleum and products 590.5 17.6 406.5 13.5 432.2 14.3 603.10 19.2 133.9 4.3
34. Gas,natural and manufactured 77.1 2.3 33.6 1.1 67.4 2.2 20.1 0.6 157.3 5.1
4. Animal and vegetable oils and fats 1.1 0.0 1.2 0.0 1.2 0.0 1.0 0.0 0.7 0.0
42. Fixed vegetable fats and oils 0.9 0.0 0.10 0.0 0.9 0.0 0.7 0.0 0.4 0.0
5. Chemicals and related products,n.e.s. 327.6 9.8 360.4 11.9 413.9 13.7 354.6 11.3 358.2 11.6
51. Organic chemicals 72.9 2.2 74.8 2.5 106.8 3.5 85.9 2.7 79.1 2.6
52. Inorganic chemicals 42.3 1.3 39.3 1.3 42.6 1.4 34.2 1.1 37.8 1.2
53. Dyeing,tanning and colouring material 9.1 0.3 7.7 0.3 13.7 0.4 10.10 0.3 9.0 0.3
54. Medicinal and pharmaceutical products 36.4 1.1 49.8 1.7 45.6 1.5 39.7 1.3 38.2 1.2
55. Perfume,cleaning etc.preparations 34.7 1.0 30.1 1.0 39.4 1.3 25.6 0.8 38.4 1.2
56. Fertilizers,manufactured 0.2 0.0 10.6 0.4 0.4 0.0 4.7 0.1 2.7 0.1
57. Plastics in primary forms 52.2 1.6 61.3 2.0 63.7 2.1 57.6 1.8 53.6 1.7
58. Plastics in non-primary forms 22.10 0.7 22.3 0.7 29.7 1.0 15.6 0.5 22.1 0.7
59. Chemical materials and products,n.e.s. 57.2 1.7 64.8 2.1 72.3 2.4 80.7 2.6 77.7 2.5
6. Basic manufactures 107.0 3.2 106.7 3.5 116.7 3.9 104.2 3.3 92.8 3.0
61. Leather,dressed fur,etc. 1.2 0.0 0.10 0.0 1.2 0.0 0.6 0.0 0.2 0.0
62. Rubber manufactures,n.e.s. 3.10 0.1 2.6 0.1 3.5 0.1 2.6 0.1 4.1 0.1
64. Paper,paperboard and articles thereof 14.8 0.4 12.9 0.4 15.6 0.5 13.8 0.4 12.5 0.4
65. Textile yarn,fabrics,made up articles,etc. 8.8 0.3 3.10 0.1 7.4 0.2 6.6 0.2 7.5 0.2
66. Non-metallic mineral manufactures,n.e.s. 19.2 0.6 19.6 0.6 20.6 0.7 18.10 0.6 18.6 0.6
67. Iron and steel 7.6 0.2 7.9 0.3 6.9 0.2 7.1 0.2 6.3 0.2
68. Non-ferrous metals 36.7 1.1 43.2 1.4 45.4 1.5 36.10 1.2 28.1 0.9
69. Manufactures of metals,n.e.s. 14.8 0.4 15.5 0.5 16.3 0.5 17.5 0.6 15.4 0.5
7. Machinery,transport equipment 1,273.10 38.0 1,307.8 43.4 1,232.4 40.7 1,371.4 43.5 1,600.4 51.8
71. Power generating machinery and equipment 35.9 1.1 15.2 0.5 26.2 0.9 134.5 4.3 24.6 0.8
72. Machinery for specialized industries 401.9 12.0 469.1 15.6 351.6 11.6 371.9 11.8 678.7 22.0
73. Metal working machinery 3.3 0.1 4.3 0.1 3.0 0.1 2.10 0.1 4.8 0.2
74. General industrial machinery n.e.s. 73.5 2.2 59.1 2.0 71.3 2.4 61.6 2.0 70.0 2.3
75. Office machines and adp machines 71.4 2.1 73.0 2.4 77.9 2.6 103.4 3.3 84.8 2.7
76. Telecommunications and sound recording equipment 32.5 1.0 33.9 1.1 29.7 1.0 39.2 1.2 29.5 1.0
77. Electric machinery,n.e.s.and parts 401.6 12.0 403.3 13.4 432.1 14.3 487.2 15.5 498.7 16.1
78. Road vehicles 78.3 2.3 147.5 4.9 43.1 1.4 38.0 1.2 93.3 3.0
79. Other transport equipment 175.9 5.2 102.8 3.4 197.9 6.5 132.9 4.2 116.4 3.8
8. Miscellaneous manufactured articles 362.9 10.8 270.3 9.0 307.8 10.2 302.4 9.6 306.5 9.9
81. Prefabr.buildings;sanitary,lighting etc.fixtrs 0.3 0.0 0.4 0.0 0.4 0.0 1.6 0.0 0.4 0.0
82. Furniture and parts thereof 1.2 0.0 1.4 0.0 1.5 0.0 1.9 0.1 1.7 0.1
83. Travel goods,handbags and sim.containers 1.9 0.1 1.6 0.1 1.10 0.1 0.6 0.0 0.6 0.0
84. Articles of apparel and clothing accessories 2.1 0.1 1.5 0.0 1.4 0.0 2.1 0.1 2.2 0.1
85. Footwear 0.6 0.0 0.8 0.0 0.2 0.0 0.4 0.0 0.5 0.0
87. Instruments and apparates n.e.s. 192.7 5.7 149.1 4.9 160.8 5.3 182.9 5.8 179.4 5.8
88. Photographic equipment,optical goods etc. 29.5 0.9 29.7 1.0 32.5 1.1 29.4 0.9 28.1 0.9
89. Miscellaneous manufactured articles,n.e.s. 134.9 4.0 86.0 2.9 109.3 3.6 83.10 2.7 94.1 3.0
9. Goods not classified elsewhere 67.5 2.0 57.0 1.9 61.3 2.0 58.8 1.9 64.2 2.1
93. Special transactions and commodities not classified 25.0 0.7 16.6 0.5 20.2 0.7 18.4 0.6 21.5 0.7
97. Gold,non-monetary 2.7 0.1 4.6 0.2 6.1 0.2 3.4 0.1 6.6 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 39.8 1.2 35.10 1.2 35.1 1.2 36.10 1.2 36.2 1.2
0-9. All groups combined 3,354.4 100.0 3,015.6 100.0 3,027.6 100.0 3,149.2 100.0 3,090.7 100.0

Source: US Census Bureau

Table: Import from Taiwan (TW) to USA during 2021/3 - 2021/7

2021 / 32021 / 42021 / 52021 / 62021 / 7
million $%million $%million $%million $%million $%
0. Food and live animals 41.2 0.7 56.4 0.9 65.9 1.0 73.1 1.1 73.7 1.1
02. Dairy products and birds' eggs 1.4 0.0 2.10 0.0 2.5 0.0 3.7 0.1 2.9 0.0
03. Fish and fish preparations 9.5 0.2 13.6 0.2 18.7 0.3 17.9 0.3 17.8 0.3
04. Cereals and cereal preparations 5.10 0.1 6.9 0.1 7.1 0.1 8.2 0.1 9.7 0.1
05. Vegetables and fruit 5.1 0.1 7.4 0.1 7.9 0.1 9.6 0.1 8.7 0.1
06. Sugars,sugar preparations and honey 2.9 0.1 2.9 0.0 3.0 0.0 4.4 0.1 4.7 0.1
07. Coffee,tea,cocoa,spices 2.1 0.0 3.2 0.0 3.0 0.0 3.7 0.1 3.10 0.1
08. Feeding stuff for animals 0.2 0.0 0.8 0.0 0.9 0.0 0.7 0.0 0.9 0.0
09. Miscellaneous edible products and preparations 13.10 0.2 18.8 0.3 22.9 0.4 25.1 0.4 25.2 0.4
1. Beverages and tobacco 2.5 0.0 2.9 0.0 3.8 0.1 4.10 0.1 5.4 0.1
11. Beverages 2.5 0.0 2.9 0.0 3.8 0.1 4.10 0.1 5.4 0.1
2. Crude materials,inedible,except fuels 17.1 0.3 26.4 0.4 21.0 0.3 29.1 0.4 22.9 0.3
23. Crude rubber (incl.synthetic) 4.9 0.1 9.8 0.2 8.5 0.1 7.4 0.1 11.3 0.2
26. Textile fibres and their wastes 1.9 0.0 3.3 0.1 1.7 0.0 3.7 0.1 3.1 0.0
27. Crude fertilizers and crude minerals 0.6 0.0 0.4 0.0 0.4 0.0 0.3 0.0 0.4 0.0
28. Metalliferous ores and metal scrap 1.5 0.0 2.9 0.0 0.7 0.0 9.6 0.1 0.4 0.0
29. Crude animal,vegetable materials n.e.s. 8.0 0.1 9.10 0.2 9.8 0.2 8.1 0.1 7.5 0.1
3. Mineral fuels etc 23.1 0.4 3.6 0.1 2.9 0.0 16.4 0.2 71.6 1.1
33. Petroleum and products 23.1 0.4 3.6 0.1 2.9 0.0 16.4 0.2 71.6 1.1
4. Animal and vegetable oils and fats 1.1 0.0 0.10 0.0 1.1 0.0 1.6 0.0 1.7 0.0
42. Fixed vegetable fats and oils 1.1 0.0 0.9 0.0 1.1 0.0 1.6 0.0 1.7 0.0
5. Chemicals and related products,n.e.s. 242.9 4.3 285.6 4.6 303.8 4.8 311.3 4.7 355.3 5.3
51. Organic chemicals 53.0 0.9 43.8 0.7 67.7 1.1 56.2 0.8 68.6 1.0
52. Inorganic chemicals 14.7 0.3 17.10 0.3 17.6 0.3 25.7 0.4 24.5 0.4
53. Dyeing,tanning and colouring material 4.6 0.1 4.7 0.1 4.6 0.1 6.3 0.1 5.0 0.1
54. Medicinal and pharmaceutical products 31.1 0.5 39.6 0.6 27.5 0.4 35.9 0.5 50.7 0.8
55. Perfume,cleaning etc.preparations 11.9 0.2 12.7 0.2 11.9 0.2 11.0 0.2 12.5 0.2
57. Plastics in primary forms 48.2 0.9 76.6 1.2 82.5 1.3 89.5 1.3 102.7 1.5
58. Plastics in non-primary forms 48.7 0.9 58.3 0.9 59.7 0.9 57.9 0.9 59.5 0.9
59. Chemical materials and products,n.e.s. 30.8 0.5 31.9 0.5 32.6 0.5 29.1 0.4 32.1 0.5
6. Basic manufactures 736.2 13.0 859.0 13.8 814.9 12.8 933.1 14.1 857.9 12.8
61. Leather,dressed fur,etc. 2.7 0.0 2.5 0.0 2.5 0.0 2.4 0.0 2.6 0.0
62. Rubber manufactures,n.e.s. 52.4 0.9 63.6 1.0 68.7 1.1 65.7 1.0 59.5 0.9
63. Wood and cork manufactures 3.3 0.1 3.2 0.0 3.7 0.1 3.8 0.1 4.6 0.1
64. Paper,paperboard and articles thereof 13.9 0.2 17.6 0.3 19.1 0.3 22.7 0.3 20.2 0.3
65. Textile yarn,fabrics,made up articles,etc. 57.2 1.0 57.8 0.9 55.2 0.9 63.9 1.0 64.4 1.0
66. Non-metallic mineral manufactures,n.e.s. 34.3 0.6 38.9 0.6 29.10 0.5 31.8 0.5 35.6 0.5
67. Iron and steel 100.7 1.8 68.6 1.1 117.4 1.8 119.9 1.8 135.8 2.0
68. Non-ferrous metals 25.8 0.5 95.6 1.5 21.6 0.3 121.8 1.8 32.9 0.5
69. Manufactures of metals,n.e.s. 446.3 7.9 511.6 8.2 497.2 7.8 501.5 7.6 502.6 7.5
7. Machinery,transport equipment 3,384.6 59.7 3,765.8 60.4 3,892.6 60.9 4,039.1 60.8 4,082.1 60.8
71. Power generating machinery and equipment 68.3 1.2 59.7 1.0 67.3 1.1 60.6 0.9 80.2 1.2
72. Machinery for specialized industries 108.7 1.9 113.2 1.8 113.8 1.8 116.9 1.8 127.9 1.9
73. Metal working machinery 55.8 1.0 75.9 1.2 65.9 1.0 68.8 1.0 60.2 0.9
74. General industrial machinery n.e.s. 255.4 4.5 289.1 4.6 284.6 4.5 292.7 4.4 285.6 4.3
75. Office machines and adp machines 1,122.9 19.8 1,359.8 21.8 1,405.9 22.0 1,483.2 22.3 1,580.0 23.5
76. Telecommunications and sound recording equipment 614.5 10.8 624.0 10.0 675.1 10.6 644.0 9.7 624.4 9.3
77. Electric machinery,n.e.s.and parts 869.2 15.3 877.3 14.1 932.1 14.6 1,019.8 15.4 994.9 14.8
78. Road vehicles 257.9 4.6 349.3 5.6 341.7 5.3 314.3 4.7 322.9 4.8
79. Other transport equipment 32.3 0.6 17.9 0.3 6.4 0.1 39.2 0.6 6.3 0.1
8. Miscellaneous manufactured articles 1,059.3 18.7 1,075.5 17.3 1,118.8 17.5 1,066.6 16.1 1,001.3 14.9
81. Prefabr.buildings;sanitary,lighting etc.fixtrs 12.2 0.2 13.4 0.2 13.9 0.2 15.4 0.2 16.2 0.2
82. Furniture and parts thereof 119.7 2.1 128.5 2.1 123.10 1.9 120.4 1.8 129.9 1.9
83. Travel goods,handbags and sim.containers 3.4 0.1 3.10 0.1 3.1 0.0 5.6 0.1 3.10 0.1
84. Articles of apparel and clothing accessories 23.7 0.4 22.3 0.4 22.0 0.3 23.4 0.4 27.10 0.4
85. Footwear 2.4 0.0 2.5 0.0 2.6 0.0 3.4 0.1 3.9 0.1
87. Instruments and apparates n.e.s. 158.7 2.8 174.6 2.8 164.5 2.6 159.6 2.4 133.2 2.0
88. Photographic equipment,optical goods etc. 44.7 0.8 38.3 0.6 39.7 0.6 42.2 0.6 33.6 0.5
89. Miscellaneous manufactured articles,n.e.s. 694.10 12.3 692.1 11.1 749.3 11.7 696.9 10.5 652.8 9.7
9. Goods not classified elsewhere 157.1 2.8 155.7 2.5 164.3 2.6 165.4 2.5 241.6 3.6
93. Special transactions and commodities not classified 100.7 1.8 97.4 1.6 106.3 1.7 107.5 1.6 182.9 2.7
97. Gold,non-monetary 0.9 0.0 2.3 0.0 1.3 0.0 1.5 0.0 3.10 0.1
98. (USA Sitc) Estimate of import items valued under $251 and of other low valued items nonexempt from formal entry 55.5 1.0 56.1 0.9 56.7 0.9 56.6 0.9 54.9 0.8
0-9. All groups combined 5,664.7 100.0 6,231.3 100.0 6,388.6 100.0 6,640.4 100.0 6,713.1 100.0

Source: US Census Bureau

Year level (Sitc)

Year 2021 January - Juli (Sitc)


Year level of Advanced Technology Products (ATP)

Advanced Technology Products (ATP) of last published months

Year 2021 January - Juli (ATP)

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