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Capital: Taipei
Population: 21.6 million
Language: Mandarin Chinese
Currency: New Taiwan (NT) Dollar (exchange rate NT$34.5 : US$1 as of October 2001)
GDP: US$301 billion (2000)
With US$46 billion in two-way trade between the United States and Taiwan in the year 2001, the two regions are very important trade partners to each other. The United States is Taiwan's largest trade partner and Taiwan is the seventh largest trade partner of the US.

TAIWAN'S TOP TRADE PARTNERS IN 2001 (unit:US $ billion) 

Rank Country Exports Imports Total 2-Way Trade Balance
Total All Countries 122.9 107.3 230.2 15.6
1 USA 27.7 18.2 45.9 9.5
2 Japan 12.8 25.9 38.7 -13.1
3 Hong Kong (includes PRC)* 27.0 1.9 28.9 25.1
4 Korea 3.3 6.7 10.0 -3.4
5 Germany 4.5 4.3 8.8 0.2
6 Singapore 4.1 3.4 7.5 0.7
7 Malaysia 3.1 4.2 7.3 -1.1
8 Netherlands 4.2 1.5 5.7 2.7
9 Philippines 2.2 3.3 5.5 -1.1
10 UK 3.3 1.4 4.7 1.9

US-TAIWAN TRADE (unit: US$ billion)

1 1998 1999 2000 2001
Taiwan Exports to US (fob) 29.4 30.9 34.8 27.7
Taiwan Imports from US (cif) 19.7 19.7 25.1 18.2
Total 2-Way Trade with US 49.1 50.6 60.0 45.9
Trade Balance with US 9.7 11.2 9.7 9.5