The report revealed that EU’s exports to Taiwan grew 6.7 percent last year to €19.6 billion, while total goods trade grew 3.9 percent to reach €45.7 billion, both the highest on record
Taiwan News
Date: 2017/06/28
By: Wendy Lee , Taiwan News, Staff Writer
TAIPEI (Taiwan News) – Taiwan-EU bilateral trade achieved its highest record in 2016 with a total trade
(By Central News Agency)
of €45.7 billion between the two countries, according to a report released by the European Economic and Trade Office Tuesday.
The EU-Taiwan Factfile 2017 revealed that EU’s exports to Taiwan grew 6.7 percent last year to €19.6 billion, while total goods trade grew 3.9 percent to reach €45.7 billion, both the highest on record.
The EU’s imports from Taiwan also reached an all-time high since 2006 with a total value recorded at €26.1 billion, making Taiwan EU’s 19th largest trading partner worldwide and the 7th largest in Asia.
Taiwan is also EU’s 13th largest importer and 23th largest exporter.
On the other hand, the EU is Taiwan’s 5th largest trading partner, following China, the ASEAN bloc, USA and Japan. [FULL STORY]
