TAIWAN TOP TRADING PARTNERS IN EUROPE

European countries that imported the most Taiwanese shipments by dollar value during 2021. Also shown is each import country’s percentage of total Taiwanese exports.

1. Germany: $8.2 billion (1.8%)
2. Netherlands: $8.1 billion (1.8%)
3. United Kingdom: $4.2 billion (0.9%)
4. Belgium: $2.7 billion (0.6%)
5. Italy: $2.6 billion (0.6%)
6. Spain: $1.62 billion (0.4%)
7. France: $1.6 billion (0.4%)

Imports include

1. Electronic integrated circuits
2. Screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotter-pins, washers
3. Telephone sets; other apparatus for the transmission or reception of voice, images or other data.
4. Parts and accessories of motorcycles, bicyles and carriages of disabled persons
5. Parts and accessories of calculating machines, computers and other office machines

Trade Deficit

Taiwan incurred the highest trade deficit with Germany $4.34 billion

Trade Surplus

Taiwan incurred the highest trade surplus with the following countries.

1. Belgium: $2.06 billion (up 197.9%)
2. United Kingdom: $1.8 billion