Goods, Value of Imports for Taiwan Province of China
VALIMPTWM052N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
42,751.00
Year-over-Year Change
34.44%
Date Range
1/1/2006 - 4/1/2025
Summary
The 'Goods, Value of Imports for Taiwan Province of China' series measures the total value of goods imported by Taiwan. This metric is a key indicator of Taiwan's international trade activity and economic integration.
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
This series represents the total monetary value of all goods imported into Taiwan from other countries. It is an important economic indicator used to analyze Taiwan's trade balance, consumer demand, and position in global supply chains.
Methodology
The data is collected by Taiwan's Directorate General of Customs and published by the Central Bank of the Republic of China (Taiwan).
Historical Context
Policymakers and analysts monitor Taiwan's import value to assess the health of its export-oriented economy and make informed decisions about trade, industrial, and macroeconomic policies.
Key Facts
- Taiwan is one of the world's largest importers of goods.
- Import value reflects Taiwan's reliance on foreign-made components and raw materials.
- Taiwan's import trends are closely watched for signs of changes in domestic and global demand.
FAQs
Q: What does this economic trend measure?
A: This series measures the total monetary value of all goods imported into Taiwan from other countries around the world.
Q: Why is this trend relevant for users or analysts?
A: Import value is a key indicator of Taiwan's trade activity, consumer demand, and integration with the global economy, making it highly relevant for policymakers, businesses, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected by Taiwan's Directorate General of Customs and published by the Central Bank of the Republic of China (Taiwan).
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor Taiwan's import value to assess the health of its export-oriented economy and make informed decisions about trade, industrial, and macroeconomic policies.
Q: Are there update delays or limitations?
A: The import value data is published monthly with a typical 1-2 month delay, and may be subject to revisions by the collecting authorities.
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Citation
U.S. Federal Reserve, Goods, Value of Imports for Taiwan Province of China (VALIMPTWM052N), retrieved from FRED.