“UK exports to Taiwan hit £1,799 million in 2015. Goods exports were £1,217 million and
services exports were £582 million. In a year that Taiwan’s GDP growth slowed from 4.02% in 2014 to just 0.72%, UK exports to Taiwan experienced a 11.3% year-on-year fall as services exports contracted by £158 million.

Top UK export sectors were: business and financial services, beverages (mainly whisky), machinery and mechanical appliances, pharmaceutical products and vehicles.
Taiwan invested a total of US$114.8 million in the UK in 2016, considerably better than the 5-year1 average of US$ 10 million annually, prior to the large increase that took place in 2014 and 2015, and third overall in Europe behind the Netherlands and Austria.


About uktochina

Journalist writing about British exports to China
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