Taiwan - Akaun Semasa

The current account surplus in Taiwan decreased by USD 0.18 billion to USD 17.56 billion in the Q2 2019 from USD 17.74 billion in the corresponding period of the previous year. The goods surplus went down by USD 3.58 billion to USD 14.42 billion, as exports decreased by USD 8.52 billion affected by an unresolved trade war between the US and China, the slowdown of global economy and lower prices of international raw materials, while imports shrank by USD 0.1 billion. Meanwhile, the services gap decreased by USD 1.16 billion to USD 1.03 billion, mainly amid an increase in travel revenue. In addition, the primary income surplus rose by USD 2.07 billion to USD 4.74 billion while the secondary income shortfall fell by USD 0.17 billion to USD 0.58 billion.

The current account surplus in Taiwan narrowed to USD 17.09 billion in the first quarter of 2019 from USD 22.18 billion in the same period of the previous year. The goods surplus dropped to USD 12.43 billion from USD 16.53 billion in the first quarter of 2018 and the primary income surplus fell to USD 6.22 billion from USD 7.76 billion. In addition, the services gap shrank to USD 0.76 billion from USD 1.19 billion a year earlier and the secondary income deficit declined to USD 0.80 billion from USD 0.92 billion.

The current account surplus in Taiwan decreased by USD 6.99 billion to USD 18.65 billion in the Q4 2018 from USD 25.64 billion in Q4 2017. The goods surplus went down to USD 17.47 billion from USD 22.92 billion, as exports decreased by USD 6.25 billion affected by the slowdown in global growth and higher base periods while imports shrank by USD 0.80 billion. The primary income surplus also narrowed to USD 2.79 billion from USD 4.99 billion, as foreign direct investment income fell to USD 2.68 billion from USD 4.36 billion. Meanwhile, the services deficit declined to USD 0.78 billion from USD 1.51 billion, mainly due to the decrease in processing fee and the increase in transportation revenue; and the secondary income shortfall rose slightly to USD 0.83 billion from USD 0.77 billion in Q4 2017, explained by the large amount of trade liquidated damages in the same quarter last year. In 2018, the current account surplus shrank to USD 68.26 billion from USD 82.84 billion in 2017.