UK-TAIWAN TRADE

UK-TAIWAN TRADE

via UK-TAIWAN TRADE

“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.

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About uktochina

Journalist writing about British exports to China
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