|Unit||Mil. USD, NSA|
|Adjustments||Not Seasonally Adjusted|
|Current Account Balance||2020 Q1||18,160||16,958||Mil. USD, NSA||Quarterly|
|Exports of Goods and Services||2020 Q1||2,647,309||3,141,806||Mil. TWD, NSA||Quarterly|
|Imports of Goods and Services||2020 Q1||2,246,669||2,618,017||Mil. TWD, NSA||Quarterly|
|Net Exports||2020 Q1||400,640||523,789||Mil. TWD, NSA||Quarterly|
|Real Exports of Goods and Services||2020 Q1||2,843,949||3,367,411||Mil. Ch. 2016 TWD, NSA||Quarterly|
|Real Imports of Goods and Services||2020 Q1||2,289,306||2,661,326||Mil. Ch. 2016 TWD, NSA||Quarterly|
|Real Net Exports||2020 Q1||554,643||706,085||Mil. Ch. 2016 TWD, NSA||Quarterly|
The balance of payments is a statistical statement that systematically summarizes, for a specific time period, the economic transactions of the residents of Taiwan, R.O.C. with the rest of the world. Transactions, for the most part between residents and nonresidents, consist of those involving goods, services, and income; those involving financial claims on, and liabilities to, the rest of the world; and those (such as gifts) classified as transfers, which involve offsetting entries to balance - in an accounting sense - one-sided transactions.
The data cover all transactions between Taiwan's residents and non-residents. The unit of currency used is millions of U.S. dollars. Data disseminated include: exports and imports of goods and services; receipts and payments of income; current transfers; capital transfers; direct, portfolio and other investments of the monetary authorities, general government, banking and other sectors; and the change in official reserve assets.
The basic data are obtained from the international transaction report records and various statistics prepared by government departments and private enterprises; the rest are collected via supplemental surveys conducted by the CBC.
The data are original and are not seasonally adjusted.
Beginning 2016, the Balance of Payments and International Investment Position of the Republic of China (Taiwan) are compiled in accordance with the Sixth Edition of the Balance of Payments and International Investment Position Manual issued by the International Monetary Fund.
1. Current Account
2. Capital Account
The capital account covers all transactions that involve the receipt/payment of capital transfers and the acquisition/disposal of non-produced, nonfinancial assets (such as trademarks, franchises, and domain names).
3. Financial Account
The financial account records the transactions in external financial assets and financial liabilities. The components of the financial account are classified by the functional types of investment: direct investment, portfolio investment, financial derivatives, and other investment.
4. Reserve Assets
Reserve assets consist of those external assets that are readily available to and controlled by the monetary authority. By definition, reserve assets consist of monetary gold, currency and deposits, securities (including debt and equity securities), financial derivatives, and other claims (loans and other financial instruments).
The news release and all publications indicate that the data for the latest quarter are preliminary and contain estimates for unavailable source data. The publication of "Balance of Payments Quarterly" notes that "r" refers to the revision of quarterly and annual data for earlier periods. There is no advance notice of major changes in methodology but at the time of major changes in methodology there is a notice on the cover of "Balance of Payment Quarterly". The current data is in accordance to BPM6.
For more information please visit http://www.cbc.gov.tw/public/Attachment/652016261771.pdf