Share of Merchandise Exports at Current Purchasing Power Parities for Taiwan Province of China
CSHXCPTWA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.51
Year-over-Year Change
-3.25%
Date Range
1/1/1951 - 1/1/2019
Summary
This economic trend measures Taiwan's share of global merchandise exports adjusted for purchasing power parity. It provides insights into Taiwan's trade competitiveness and export-driven economic growth.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Share of Merchandise Exports at Current Purchasing Power Parities for Taiwan Province of China represents Taiwan's proportion of total global merchandise exports, with exchange rates adjusted for differences in purchasing power across countries. This metric is used to analyze Taiwan's trade position and international economic integration.
Methodology
The data is calculated by the World Bank using national accounts and trade statistics.
Historical Context
This trend is monitored by economists, policymakers, and businesses to assess Taiwan's trade dynamics and global economic influence.
Key Facts
- Taiwan is a major exporter of high-tech electronics and machinery.
- Taiwan's export-driven economy accounts for over 60% of its GDP.
- China is Taiwan's largest trade partner, receiving over 40% of its exports.
FAQs
Q: What does this economic trend measure?
A: This trend measures Taiwan's share of global merchandise exports, with exchange rates adjusted for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into Taiwan's trade competitiveness and export-driven economic growth, which are important for economists, policymakers, and businesses.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and trade statistics.
Q: How is this trend used in economic policy?
A: This trend is monitored by economists and policymakers to assess Taiwan's trade dynamics and global economic influence.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, with some delay in availability.
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Citation
U.S. Federal Reserve, Share of Merchandise Exports at Current Purchasing Power Parities for Taiwan Province of China (CSHXCPTWA156NRUG), retrieved from FRED.