Bilateral Trade Between India and Taiwan and Area of CooperationTaiwan and Area of Cooperation

Chung-Hua Institutetion For Economic Research Taiwan WTO Center

Yu-Yin Wu

Outlines

Bilateral Trade between Taiwan and India

Direct Investment between Taiwan and India

Area of Cooperation

2011/1/17 The Current Status and Future Prospects of India-Taiwan Relations 2

Area of Cooperation

Bilateral Trade between Taiwan and IndiaTaiwan and India

Foreign Trade of Taiwan (2010 01-2010 10) unit: billion dollars; %

NationsTotal trade Export Import

Rank Amount % Rank Amount % Rank Amount %

Global-Country --- 431.64 100.00 --- 226.43 100.00 --- 205.21 100.00

CHINA 1 92.64 21.46 1 63.69 28.13 2 28.94 14.11

JAPAN 2 57.96 13.43 4 15.04 6.64 1 42.92 20.92

UNITED STATES 3 46.25 10.71 3 25.80 11.40 3 20.44 9.96

HONG KONG 4 32.74 7.59 2 31.40 13.87 28 1.34 0.65

KOREA,REPUBLIC OF 5 21.94 5.08 6 8.83 3.90 4 13.11 6.39

SINGAPORE 6 16.44 3.81 5 10.08 4.45 8 6.36 3.10

GERMANY,FEDERAL REPUBLIC OF 7 12.01 2.78 8 5.32 2.35 7 6.68 3.26

2011/1/17 The Current Status and Future Prospects of India-Taiwan Relations 4

GERMANY,FEDERAL REPUBLIC OF 7 12.01 2.78 8 5.32 2.35 7 6.68 3.26

MALAYSIA 8 11.25 2.61 10 4.90 2.16 9 6.35 3.10

SAUDI ARABIA 9 10.55 2.44 26 0.83 0.37 5 9.72 4.74

AUSTRALIA 10 10.04 2.33 16 2.62 1.16 6 7.43 3.62

INDONESIA 11 8.49 1.97 13 3.68 1.63 11 4.81 2.34

THAILAND 12 7.50 1.74 11 4.39 1.94 12 3.10 1.51

VIET NAM 13 7.24 1.68 7 6.22 2.75 31 1.02 0.50

PHILIPPINES 14 6.84 1.58 9 4.96 2.19 20 1.87 0.91

NETHERLANDS 15 6.48 1.50 12 4.11 1.81 14 2.38 1.16

INDIAINDIAINDIAINDIA 16161616 5.23 5.23 5.23 5.23 1.21 1.21 1.21 1.21 15151515 2.88 2.88 2.88 2.88 1.27 1.27 1.27 1.27 15151515 2.35 2.35 2.35 2.35 1.14 1.14 1.14 1.14

KUWAIT 17 5.05 1.17 59 0.12 0.05 10 4.94 2.41

UNITED KINGDOM 18 4.28 0.99 14 2.91 1.29 27 1.37 0.67

UNITED ARAB EMIRATES 19 4.25 0.98 23 1.16 0.51 13 3.09 1.51

ITALY 20 3.54 0.82 17 1.92 0.85 25 1.62 0.79

Data source: Bureru of Foreign Trade, ROC

Trade between Taiwan and India unit: billion dollars; %

Year (month) Total trade Export Import Surplus

Amount Growth Rate (%) Amount Growth Rate (%) Amount Growth Rate (%) Amount Growth Rate (%)

1989 0.35 --- 0.21 --- 0.14 --- 0.08 ---

1990 0.44 26.96 0.23 6.98 0.21 58.58 0.01 -81.68

1991 0.40 -10.04 0.16 -30.84 0.24 12.17 -0.08 -670.69

1992 0.39 -1.90 0.17 9.40 0.22 -9.32 -0.05 -45.34

1993 0.53 35.32 0.21 22.26 0.32 45.68 -0.11 135.83

1994 0.76 42.68 0.34 62.74 0.41 29.33 -0.07 -37.37

1995 0.93 23.60 0.52 51.05 0.41 0.59 0.11 -261.13

1996 0.93 -0.35 0.46 -11.11 0.47 13.19 -0.01 -104.99

2011/1/17 The Current Status and Future Prospects of India-Taiwan Relations 5

1997 1.21 30.09 0.55 18.64 0.66 41.40 -0.11 2015.05

1998 0.99 -18.54 0.53 -4.25 0.46 -30.39 0.07 -157.55

1999 0.98 -0.31 0.59 12.94 0.39 -15.42 0.20 214.14

2000 1.23 25.12 0.72 20.83 0.51 31.65 0.20 0.17

2001 1.13 -8.21 0.64 -11.52 0.49 -3.59 0.14 -31.40

2002 1.21 6.79 0.65 2.98 0.55 11.67 0.10 -27.65

2003 1.40 16.11 0.78 18.61 0.63 13.15 0.15 48.31

2004 1.95 38.81 1.08 39.49 0.86 37.96 0.22 45.82

2005 2.44 25.57 1.58 46.25 0.86 -0.37 0.72 229.48

2006 2.72 11.22 1.47 -7.06 1.25 44.87 0.23 -68.78

2007 4.88 79.63 2.34 59.20 2.54 103.75 -0.20 -186.49

2008 5.34 9.45 3.01 28.40 2.33 -8.05 0.67 -445.10

2009 4.15 -22.20 2.53 -15.82 1.62 -30.43 0.91 34.78

2010(01~10) 5.23 56.49 2.88 39.11 2.35 84.81 0.53 -33.46

Main Products exported from Taiwan to India

Mineral fuels, 286, 11%

Organic chemicals, 276, 11%Iron and steel, 113, 4%

Pigments and other colouringmatter, 60, 2%

Textile , 58, 2%Man-made filaments, 56, 2%

Precious, 48, 2%Others, 364, 14%

2011/1/17 The Current Status and Future Prospects of India-Taiwan Relations 6

Plastics and articles thereof,459, 19%

Electrical machinery andequipment and partsthereof,

415, 17%

Boilers machineryandmachanical appliances,

398, 16%

Mineral fuels, 286, 11% Others, 364, 14%

Main Product of Taiwan imported from India

Copper and articles thereof,35, 2%

Prepared animal fodder, 33,2%

Precious, 32, 2%

Others, 279, 17%

2011/1/17 The Current Status and Future Prospects of India-Taiwan Relations 7

Mineral fuels, 904, 56%

Organic chemicals, 107, 7%Iron and steel, 63, 4%

Cotton, 49, 3%

Electrical machinery andequipment and partsthereof,

44, 3%

Zinc and articles thereof, 40,2%

Cereals, 37, 2%

Direct Investment between Taiwan and IndiaTaiwan and India

Statement on Country-wise FDI Inflows From April 2000 to October 2010Rank Country In US$ million ％

1 MAURITIUS 51,719.53 42.16

2 SINGAPORE 11,471.89 9.35

3 U.S.A. 9,186.37 7.49

4 U.K. 6,225.58 5.07

5 NETHERLANDS 5,254.89 4.28

6 CYPRUS 4,322.36 3.52

7 JAPAN 4,300.29 3.51

8 GERMANY 2,881.92 2.35

9 FRANCE 1,851.48 1.51

2011/1/17 The Current Status and Future Prospects of India-Taiwan Relations 9

9 FRANCE 1,851.48 1.51

10 U.A.E. 1,815.29 1.48

11 SWITZERLAND 1,656.17 1.35

12 ITALY 917.89 0.75

13 CAYMAN ISLANDS 772.8 0.63

14 SWEDEN 762.83 0.62

15 SPAIN 728.1 0.59

16 KOREA(SOUTH) 719.95 0.59

17 BRITISH VIRGIN 676.3 0.55

18 HONG KONG 628.9 0.51

19 INDONESIA 605.31 0.49

20 THE BERMUDAS 499.83 0.41

36 CHINA 53.05 0.04

40404040 TAIWAN TAIWAN TAIWAN TAIWAN 41.0741.0741.0741.07 0.030.030.030.03

FDI outflow of Taiwan (2000-2009, sort by 2009)

Rank Area 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009

1 China 33.93 38.80 66.61 65.99 67.24 71.05 63.91 60.65 70.53 70.38

2 United States of America 11.21 15.23 5.72 4.00 5.40 3.72 4.05 8.19 2.64 10.98

3 Caribbean Sea 29.26 23.60 15.61 17.12 11.19 14.92 15.24 9.60 11.13 5.36

4 Bermuda 7.43 5.35 1.69 0.25 0.84 0.05 0.02 0.73 0.00 2.50

5 Vietnam 0.70 0.43 0.55 1.35 0.92 1.11 1.03 0.66 4.22 2.39

6 Hongkong 0.62 1.32 1.66 5.50 1.35 1.27 2.27 1.15 2.23 2.38

7 Samoa 0.33 0.37 1.38 0.45 0.66 0.84 0.34 2.59 0.99 1.30

8 Japan 4.06 2.36 0.23 0.86 1.45 0.50 0.09 0.11 0.34 1.01

Unit : %

2011/1/17 The Current Status and Future Prospects of India-Taiwan Relations 10

8 Japan 4.06 2.36 0.23 0.86 1.45 0.50 0.09 0.11 0.34 1.01

9 Malaysia 0.25 0.63 0.32 0.43 0.34 0.33 0.26 0.40 0.18 0.82

10 Netherlands 0.04 0.08 0.56 0.13 0.22 3.04 3.20 2.43 0.36 0.64

11 Singapore 2.86 5.27 0.26 0.23 7.97 1.16 6.74 7.26 4.60 0.36

12 Philippines 0.17 0.64 0.82 0.02 0.02 0.18 0.11 0.08 0.02 0.22

13 Thailand 0.65 0.23 0.06 0.42 0.08 0.24 0.68 4.33 0.06 0.15

14 Australia 0.14 0.03 0.06 0.05 0.01 0.15 0.02 0.09 0.01 0.12

15 United Kingdom 0.41 0.41 0.43 0.22 0.17 0.13 0.08 0.02 0.05 0.11

16 Germany 0.12 0.07 0.17 0.09 0.08 0.07 0.08 0.05 0.09 0.10

17 South Korea 1.21 0.17 0.05 0.09 0.06 0.04 0.13 0.07 1.55 0.10

18 Czech 0.00 0.03 0.00 0.08 0.08 0.12 0.09 0.03 0.04 0.08

19 Brazil 0.09 0.20 0.16 0.06 0.00 0.00 0.00 0.02 0.09 0.08

20202020 IndiaIndiaIndiaIndia 0.00 0.00 0.00 0.00 0.04 0.04 0.04 0.04 0.02 0.02 0.02 0.02 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.02 0.02 0.02 0.02 0.04 0.04 0.04 0.04 0.05 0.05 0.05 0.05 0.11 0.11 0.11 0.11 0.03 0.03 0.03 0.03

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2011/1/17 The Current Status and Future Prospects of India-Taiwan Relations 11

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2011/1/17 The Current Status and Future Prospects of India-Taiwan Relations 12

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2011/1/17 The Current Status and Future Prospects of India-Taiwan Relations 13

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2011/1/17 The Current Status and Future Prospects of India-Taiwan Relations 14

Area of Cooperation

Education and Training

May 2010India comprehensively acknowledge Bachelor’s degree of Taiwan

2011/1/17 The Current Status and Future Prospects of India-Taiwan Relations 16

Bachelor’s degree of Taiwan

Cooperation FieldICT

Software Design

Biopharmaceutical

Information and Communication Technology (ICT)

TaiwanInformation communication technology

India

2011/1/17 The Current Status and Future Prospects of India-Taiwan Relations 17

IndiaSoftware know-how

Collaborative ProjectsBuilding information technology industrial parks in IndiaPromoting India participation in Taiwan’s Special economics zonesDeveloping IT products and R&D training

Other Potential areas

Trade Facilitation

Sanitary and Phytosanitary (SPS)

Technical Barriers to Trade (TBT)

2011/1/17 The Current Status and Future Prospects of India-Taiwan Relations 18

Technical Barriers to Trade (TBT)

Thank you for your attention