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Trade between Canada and Taiwan

In 2024, Canada exported $1.9 billion to Taiwan and imported $4.9 billion. Canada ran a deficit of $3 billion with Taiwan, compared with a deficit of $2.5 billion in 2019. Taiwan was Canada’s 15th largest trading partner (0.7% of its trade), and Canada was Taiwan’s 19th (0.7%).

Summary

Canada → Taiwan
$1.9billion
Taiwan → Canada
$4.9billion
Canada’s balance
-$3billion

Balance

Canada’s trade balance with Taiwan

Trade between Canada and Taiwan grew 2.1-fold since 1995

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

  • Exports 1.9
  • Imports 4.9
  • Balance -3

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$1.3 billion$2 billion-$751 million
1996$1 billion$2.1 billion-$1 billion
1997$1.5 billion$2.5 billion-$920 million
1998$1.2 billion$2.6 billion-$1.4 billion
1999$1.1 billion$2.9 billion-$1.9 billion
2000$1.2 billion$3.2 billion-$2 billion
2001$976 million$2.8 billion-$1.8 billion
2002$922 million$2.7 billion-$1.8 billion
2003$1.1 billion$2.7 billion-$1.7 billion
2004$1.2 billion$3 billion-$1.8 billion
2005$1.3 billion$3.2 billion-$1.9 billion
2006$1.4 billion$3.5 billion-$2.1 billion
2007$1.7 billion$3.6 billion-$1.9 billion
2008$1.8 billion$3.7 billion-$2 billion
2009$1.1 billion$3 billion-$1.8 billion
2010$1.5 billion$3.8 billion-$2.3 billion
2011$2 billion$4.4 billion-$2.4 billion
2012$1.7 billion$4.6 billion-$2.8 billion
2013$1.6 billion$4.5 billion-$2.9 billion
2014$1.5 billion$4.2 billion-$2.7 billion
2015$1.4 billion$4 billion-$2.6 billion
2016$1.2 billion$3.6 billion-$2.4 billion
2017$1.6 billion$3.9 billion-$2.3 billion
2018$1.9 billion$4.2 billion-$2.2 billion
2019$1.8 billion$4.3 billion-$2.5 billion
2020$1.5 billion$4 billion-$2.5 billion
2021$2.3 billion$6.1 billion-$3.8 billion
2022$2.2 billion$7 billion-$4.8 billion
2023$1.9 billion$5.7 billion-$3.9 billion
2024$1.9 billion$4.9 billion-$3 billion

What they sell each other

What Canada sells to Taiwan

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

  1. Coal$387 million · 19.8%
    1.9 million tonnes · Canada’s destinations
  2. Iron ore$147 million · 7.6%
    1.2 million tonnes · Canada’s destinations
  3. 195 tonnes · Canada’s destinations
  4. Pork$110 million · 5.6%
    39 thousand tonnes · Canada’s destinations
  5. Potash fertilizers$89 million · 4.6%
    212 thousand tonnes
  6. Nickel powder$68 million · 3.5%
    4 thousand tonnes
  7. Sawn wood$59 million · 3.1%
    141 thousand tonnes · Canada’s destinations
  8. Cars$56 million · 2.9%
    3 thousand tonnes · Canada’s destinations
  9. Aircraft parts$56 million · 2.9%
    61 tonnes
  10. Precious metal ore$53 million · 2.7%

What Taiwan sells to Canada

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

  1. 1 thousand tonnes
  2. 570 tonnes
  3. Computers$301 million · 6.1%
    1 thousand tonnes · Taiwan’s destinations
  4. Microchips$289 million · 5.9%
    114 tonnes · Taiwan’s destinations
  5. Screws, bolts and nuts$244 million · 5%
    59 thousand tonnes
  6. Auto parts$139 million · 2.8%
    11 thousand tonnes · Taiwan’s destinations
  7. Aircraft parts$94 million · 1.9%
    171 tonnes
  8. Coated flat steel$92 million · 1.9%
    87 thousand tonnes
  9. Stainless steel sheet$86 million · 1.8%
    37 thousand tonnes
  10. Video recorders and players$75 million · 1.5%
    383 tonnes

How it travels

Estimated sea route from Vancouver to Kaohsiung.

The estimated sea route between Vancouver and Kaohsiung is 5,768 nautical miles (10,682 km) long: ≈ 13.5–17 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$4 billion · 58.8%
  2. Air$2.8 billion · 41.2%

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

How much each matters to the other

Taiwan was Canada’s 15th largest trading partner (0.7% of its trade), and Canada was Taiwan’s 19th (0.7%).

Taiwan in Canada’s trade
0.7%
Taiwan’s rank among Canada’s partners
15th
Canada in Taiwan’s trade
0.7%
Canada’s rank among Taiwan’s partners
19th

Compare with

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.