USDTWD.ai Taiwan Macro Atlas

Taiwan’s Largest Integrated-circuit Import Sources, 2024

Korea was Taiwan’s largest integrated-circuit import source by a wide margin.

What the Data Shows

Integrated circuits are not only Taiwan’s export engine; Taiwan also imports a large volume of chips. The import-source ranking separates inbound chip dependency from the better-known export story. Korea’s lead reflects the importance of memory and cross-border semiconductor supply chains inside Asia.

Data table

Korea US$30.07bn 2024
Mainland China US$17.83bn 2024
Japan US$8.26bn 2024
Malaysia US$6.34bn 2024
United States US$4.52bn 2024
Total imports US$94.46bn Total source-backed value
Top-five share 71.0% Share of total import value

Sources

Source 1: Monthly Statistics of Exports and Imports, Dec. 2024: Table 9

Publisher: Ministry of Finance, R.O.C. (Taiwan)

Dataset/table: Table 9 Imports by Selected Commodity and Country

Units: US$ thousand

Date checked: 2026-05-14

Evidence: The workbook gives 2024 import values by selected commodity and country of origin.

Note: The workbook gives 2024 import values by selected commodity and country of origin.

Source 2: Dec. 2024 Monthly Statistics of Exports and Imports e-book page

Publisher: Ministry of Finance, R.O.C. (Taiwan)

Dataset/table: E-books page for Dec. 2024 external trade tables

Units: metadata / links

Date checked: 2026-05-14

Evidence: The page documents the Dec. 2024 monthly trade publication and Table 9 download path.

Note: The page documents the Dec. 2024 monthly trade publication and Table 9 download path.

Data notes & caveats

IC means integrated circuit. The ranking excludes the aggregate “Other Countries” line because the stat asks for source countries.

Methodology

Values use Taiwan MOF Table 9, “Electronic Integrated Circuits,” 2024 cumulative imports by country of origin. Values are current U.S. dollars, shown in millions.

Source consistency notes

All visible ranking values use the same 2024 source table unless otherwise noted in data_notes and research_warnings.