Taiwan's high-income, export-driven economy is centered around Taipei. Taiwan, which has a population of 23.2 million and a GDP of USD 814 billion as of 2025, is mostly dependent on imports to fuel its energy and industrial industries. The substantial demand for electronics components, equipment, petroleum, and chemicals was reflected in the USD 393.8 billion total imports.
As per Taiwan customs data, Taiwan's industrial strengths, energy, heavy machinery, and electronics are reflected in the import categories, which supply vital components for its high-tech manufacturing base.