Goods trade year ending April 2020 (NZD)
| Two-way trade | $2.12 billion (+2%) | New Zealand’s 7th largest goods trading partner |
|---|---|---|
| Imports from Taiwan | $899 million (+5.65%) | Top imports: electrical machinery ($164m, +25.52%), reactors/boilers ($126m, +8.11%), vehicles ($99m, -3.43%), plastics/articles ($98m, -3.43%) |
Contents
What products come from Taiwan?
Taiwan’s main exports are electronics, basic metals and metal products, plastics and rubber, chemicals, and machinery. Its principal export trading partners include China (including Hong Kong), countries of the Association of Southeast Asian Nations (ASEAN), the United States, Japan, and South Korea.
What does NZ export to Taiwan?
Taiwan is our 7th-largest goods export market and 16th-largest source of imports as at April 2021. Our dairy, meat, fruit, seafood and forest products are very popular with the Taiwanese and we’re their largest supplier of dairy products as well as cherries.
What products are imported into New Zealand?
New Zealand imports mainly vehicles (13 percent), nuclear reactors, boilers, machinery and mechanical appliances (13 percent), fuels (10 percent), electrical machinery and equipment (8 percent), plastics (4 percent) and aircraft, spacecraft (4 percent).
What Taiwan exports most?
Main exports products are: electronics (33.1% of total), information, communication and audio-video products (10.8%), base metals (8.8%), plastics & rubber (7.1%), machinery (7.5 percent).
What is the biggest company in Taiwan?
Hon Hai Precision Industry
2020 Fortune list
| Rank | Fortune 500 rank | Name |
|---|---|---|
| 1 | 26 | Hon Hai Precision Industry |
| 2 | 269 | Pegatron |
| 3 | 362 | Taiwan Semiconductor Manufacturing |
| 4 | 374 | Cathay Financial Holding |
What is the main industry in Taiwan?
The largest industries in Taiwan include manufacturing, service, and agriculture.
Does NZ trade with Taiwan?
Our relationship with Taiwan
Taiwan is an important source of imports, tourism and investment, and an important export market for New Zealand. As well as trade, we enjoy extensive people-to-people links.
What does NZ export to China?
2019. 6,787,000,000. New Zealand’s top four exports to China were dairy products (milk powder, butter, and cheese), wood (logs, wood, and wood articles), meat (meat and edible offal), and travel services (including spending by holidaymakers, business travellers, and students).
Is Taiwan bigger than New Zealand?
New Zealand is about 7 times bigger than Taiwan.
Taiwan is approximately 35,980 sq km, while New Zealand is approximately 268,838 sq km, making New Zealand 647% larger than Taiwan. Meanwhile, the population of Taiwan is ~23.6 million people (18.7 million fewer people live in New Zealand).
What are New Zealand’s biggest imports?
Imports The top imports of New Zealand are Cars ($2.94B), Crude Petroleum ($2.32B), Refined Petroleum ($1.67B), Delivery Trucks ($1.16B), and Gas Turbines ($1.01B), importing mostly from China ($7.35B), Australia ($5.81B), United States ($3.65B), Japan ($2.42B), and Germany ($2B).
What are New Zealand’s main imports and exports?
Economy of New Zealand
| Statistics | |
|---|---|
| Exports | $62.4 billion (FY 2020) |
| Export goods | Dairy products, meat, logs and wood products, fruit, machinery and equipment, wine, fish and seafood |
| Main export partners | China 23.0% Australia 16.4% United States 11.4% European Union 10.6% Japan 5.3% (FY 2019/20) |
| Imports | $59.6 billion (FY 2020) |
What are New Zealands top 5 exports?
New Zealand’s Top 10 Exports
- Meat: $5.6 billion (14.6%) Wood: $2.9 billion (7.6%)
- Alcoholic beverages: $1.4 billion (3.8%)
- Machines, engines, pumps: $1.3 billion (3.5%) Modified starches, enzymes: $1.1 billion (3%)
- Other food preparations: $876.8 million (2.3%) Aluminum: $835.3 million (2.2%)
Where does Taiwan import from?
China is Taiwan’s largest trading partner, accounting for 26.3 percent of total trade and 22.2 percent of Taiwan’s imports in 2020. In terms of total trade, other major Taiwan trading partners include Japan (10.9 percent), the European Union (8.2 percent), and Hong Kong (7.9 percent).
What do we import from Taiwan?
U.S. imports from Taiwan account for 2.6 percent of overall U.S. imports in 2020. The top import categories (2-digit HS) in 2020 were: electrical machinery ($19 billion), machinery ($18 billion), vehicles ($2.9 billion), iron and steel products ($2.6 billion), and plastics ($2.2 billion).
Is Taiwan richer than Singapore?
Taiwan has a GDP per capita of $50,500 as of 2017, while in Singapore, the GDP per capita is $94,100 as of 2017.
How is Taiwan economy?
Taiwan’s economy grew only 1.47 percent and its overall trade volume decreased by 13.3 percent in 2015. The situation has improved since 2016, and statistics indicate that although in 2019 Taiwan’s overall exports decreased by 1.44 percent, imports increased by 0.32 percent, and its economy expanded 2.71 percent.
Is Taiwan part of China?
Both the ROC and the PRC still officially (constitutionally) claim mainland China and the Taiwan Area as part of their respective territories. In reality, the PRC rules only Mainland China and has no control of but claims Taiwan as part of its territory under its “One China Principle”.
Who owns Taiwan Semiconductor?
Morris Chang
| Morris Chang | |
|---|---|
| Known for | Founder, chairman and CEO, Taiwan Semiconductor Manufacturing Company (TSMC) |
| Spouse(s) | Sophie Chang |
| Children | 3 |
| Chinese name |
Is Taiwan a 3rd world country?
Though a country such as Taiwan may asserted to be “first world” or “third world”, this is thought of as a binary between advanced first world countries and backwards third world countries. The “second world” as intermediate term between the “first world” and “third world” is rarely ever used.
Is Taiwan richer than Korea?
Taiwan is the richest among these countries by this measure. Indeed, Taiwan’s GDP per capita, calculated in terms of the World Bank’s PPP calculations, is $59,398, higher than South Korea ($47,027), Malta ($45,042), Spain ($41,546), and Slovenia ($40,820).
