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Trade between Australia and Taiwan

In 2024, Australia exported $14.5 billion to Taiwan and imported $6.3 billion. Australia ran a surplus of $8.2 billion with Taiwan, compared with a surplus of $6.3 billion in 2019. Taiwan was Australia’s 6th largest trading partner (3% of its trade), and Australia was Taiwan’s 12th (2%).

Summary

Australia → Taiwan
$14.5billion
Taiwan → Australia
$6.3billion
Australia’s balance
$8.2billion

Balance

Australia’s trade balance with Taiwan

Trade between Australia and Taiwan grew 5.1-fold since 1995

USD billions (current). Australia’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 14.5
  • Imports 6.3
  • Balance +8.2

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$2.2 billion$1.9 billion$345 million
1996$2.4 billion$1.9 billion$480 million
1997$3.5 billion$2.1 billion$1.4 billion
1998$3.2 billion$1.9 billion$1.3 billion
1999$3.2 billion$2.1 billion$1.1 billion
2000$3.7 billion$2.2 billion$1.5 billion
2001$3.3 billion$1.7 billion$1.6 billion
2002$3 billion$2 billion$1 billion
2003$2.9 billion$2.3 billion$532 million
2004$3.5 billion$2.8 billion$725 million
2005$4.8 billion$2.9 billion$1.9 billion
2006$5.4 billion$3.2 billion$2.2 billion
2007$6.1 billion$3.9 billion$2.3 billion
2008$8.2 billion$3.9 billion$4.3 billion
2009$6 billion$2.8 billion$3.2 billion
2010$9 billion$3.6 billion$5.3 billion
2011$11 billion$4 billion$7 billion
2012$9.4 billion$4 billion$5.4 billion
2013$8 billion$3.9 billion$4.1 billion
2014$7.5 billion$4 billion$3.4 billion
2015$5.8 billion$3.6 billion$2.3 billion
2016$6.1 billion$3.5 billion$2.6 billion
2017$8.2 billion$3.3 billion$5 billion
2018$9.5 billion$3.7 billion$5.8 billion
2019$10.1 billion$3.8 billion$6.3 billion
2020$7.9 billion$3.4 billion$4.5 billion
2021$14.7 billion$4.9 billion$9.8 billion
2022$24.7 billion$8 billion$16.6 billion
2023$17.4 billion$6.3 billion$11.1 billion
2024$14.5 billion$6.3 billion$8.2 billion

What they sell each other

What Australia sells to Taiwan

The top 10 headings in 2024, with their share of the total.

  1. Coal$5.3 billion · 36.3%
    27.3 million tonnes · Australia’s destinations
  2. Natural gas and LPG$4.8 billion · 33.4%
    8.2 million tonnes
  3. Iron ore$1.6 billion · 10.9%
    14.5 million tonnes · Australia’s destinations
  4. Refined copper$597 million · 4.1%
    65 thousand tonnes · Australia’s destinations
  5. Unwrought aluminum$365 million · 2.5%
    146 thousand tonnes · Australia’s destinations
  6. Unwrought zinc$186 million · 1.3%
    64 thousand tonnes
  7. Frozen beef$169 million · 1.2%
    26 thousand tonnes
  8. Copper ore$157 million · 1.1%
    65 thousand tonnes · Australia’s destinations
  9. Salt$91 million · 0.63%
  10. Wheat$79 million · 0.54%
    224 thousand tonnes · Australia’s destinations

What Taiwan sells to Australia

The top 10 headings in 2024, with their share of the total.

  1. Refined petroleum$2.6 billion · 41.5%
    4 million tonnes · Taiwan’s destinations
  2. Cameras and broadcast equipment$388 million · 6.2%
    66 tonnes
  3. Caustic soda and potash$181 million · 2.9%
    415 thousand tonnes
  4. Computers$144 million · 2.3%
    306 tonnes · Taiwan’s destinations
  5. Computer and office machine parts$112 million · 1.8%
    155 tonnes
  6. Microchips$105 million · 1.7%
    32 tonnes · Taiwan’s destinations
  7. Cigarettes and cigars$96 million · 1.5%
    1 thousand tonnes
  8. Screws, bolts and nuts$84 million · 1.4%
    15 thousand tonnes
  9. Copper wire$77 million · 1.2%
    7 thousand tonnes
  10. Polyethers, polyesters and epoxy resins$69 million · 1.1%
    45 thousand tonnes

How it travels

Estimated sea route from Sydney to Kaohsiung.

The estimated sea route between Sydney and Kaohsiung is 4,311 nautical miles (7,984 km) long: ≈ 10–13 days at sea (at 18 and 14 knots).

It does not cross any major canal or strait.

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$19.3 billion · 92.6%
  2. Air$1.5 billion · 7.4%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Taiwan was Australia’s 6th largest trading partner (3% of its trade), and Australia was Taiwan’s 12th (2%).

Taiwan in Australia’s trade
3.2%
Taiwan’s rank among Australia’s partners
6th
Australia in Taiwan’s trade
2.2%
Australia’s rank among Taiwan’s partners
12th

Compare with

Other partners of Australia

Other partners of Taiwan

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.