The annual adjustment of trade ststistics in 2020 was completed on February 20. The total exports was adjusted to US$345 billion, revised down by US$60 million (up 4.9% from 2019). The total imports was adjusted to US$286 billion, revised down by US$0.7 billion due to the pending cases for petroleum gases valuation correcting after retrial (up 0.1% from 2019).
For trade partners, Singapore decreased US$20 million accounting for 31.3% of total exports adjustment, while Qatar and the U.S. had the highest adjustment value of total imports, decreasing US$180 million and US$130 million respectively.
In Custom affairs, the number of declarations (excluding simplified forms) reached 11.4 million in 2020, of which 5 million were import declarations, increasing by 2.4%; while 6.5 million were export declarations, decreasing by 5.0%.
For Taipei Customs, the number of import declarations increased by 3.5%, and the value increased by 11.1%. In terms of export, although the number of declarations decreased by 3.6%, the value increased by 17.7% due to increasing quantities and the forms with higher value.
For maritime customs, the number of import and export declarations decreased by 0.1% and 7.2%, and the value decreased by 8.5% and 6.1%. In terms of loaded containers, total importation and exportation in 2020 reached 3.8 million containers, of which Kaoshiung Customs accounted for more than 50% and decreased by 2.3%. Keelung Customs and Taichung Customs slightly increased by 2.3% and 5.9%.
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