Exports contributed 5.37pp to growth, but import demand subtracted heavily.
This chart decomposes Taiwan’s 2024 GDP growth by major demand component. Exports provided the largest positive contribution at +5.37 percentage points, while imports subtracted 5.53 percentage points because imported inputs and goods rose alongside demand. The graphic is useful because it shows that an export boom can coincide with heavy import leakage, so headline growth is not explained by export strength alone.
Source 1: Central Bank of the Republic of China (Taiwan)
Publisher: Central Bank of the Republic of China (Taiwan)
Units: US$; percentage points; percent of GDP
Source 2: National Statistics, R.O.C. (Taiwan) / DGBAS
Publisher: National Statistics, R.O.C. (Taiwan) / DGBAS
Units: percentage points; percent of GDP; US$ derived values
A negative import contribution does not mean imports fell; it means imports reduced net expenditure-side GDP growth relative to the positive domestic and export components.
Bars show percentage-point contributions to Taiwan’s 2024 real GDP growth by expenditure component. Positive values add to growth; imports are shown as a negative contribution because imports subtract from expenditure-side GDP accounting.
Taiwan electronic-parts export surplus
Electronic-parts exports reached US$222.9B versus US$143.7B of imports in 2025.
Taiwan import growth by commodity group, 2025
Capital and electronics-linked imports outpaced the wider import increase.
Taiwan GNI per capita versus GDP per capita, 2024
Gross National Income (GNI) per resident exceeded GDP per resident by about US$1.1k in 2024.