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Trade between Israel and Taiwan

In 2024, Israel exported $1.1 billion to Taiwan and imported $1.2 billion. Israel ran a deficit of $63 million with Taiwan, compared with a deficit of $3 million in 2019. Taiwan was Israel’s 20th largest trading partner (1% of its trade), and Israel was Taiwan’s 34th (0.2%).

Summary

Israel → Taiwan
$1.1billion
Taiwan → Israel
$1.2billion
Israel’s balance
-$63million

Balance

Israel’s trade balance with Taiwan

Trade between Israel and Taiwan grew 4.7-fold since 1995

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

  • Exports 1.1
  • Imports 1.2
  • Balance -0.1

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$118 million$372 million-$254 million
1996$159 million$388 million-$229 million
1997$293 million$377 million-$84 million
1998$328 million$375 million-$46 million
1999$354 million$415 million-$61 million
2000$509 million$604 million-$95 million
2001$396 million$460 million-$65 million
2002$425 million$391 million$34 million
2003$392 million$400 million-$8 million
2004$684 million$515 million$169 million
2005$742 million$565 million$177 million
2006$732 million$631 million$101 million
2007$679 million$746 million-$67 million
2008$403 million$732 million-$329 million
2009$416 million$524 million-$108 million
2010$761 million$710 million$51 million
2011$785 million$783 million$3 million
2012$688 million$811 million-$123 million
2013$889 million$809 million$80 million
2014$934 million$799 million$135 million
2015$783 million$787 million-$4 million
2016$942 million$828 million$114 million
2017$864 million$885 million-$21 million
2018$689 million$1 billion-$345 million
2019$968 million$970 million-$3 million
2020$1.2 billion$944 million$214 million
2021$1.7 billion$1.1 billion$538 million
2022$1.8 billion$1.3 billion$508 million
2023$1.2 billion$1.3 billion-$177 million
2024$1.1 billion$1.2 billion-$63 million

What they sell each other

What Israel sells to Taiwan

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

  1. Other measuring instruments$206 million · 18.5%
    322 tonnes
  2. X-ray and radiation equipment$195 million · 17.5%
    324 tonnes
  3. Cameras and broadcast equipment$163 million · 14.7%
    53 tonnes
  4. 278 tonnes
  5. Microchips$55 million · 4.9%
    6 tonnes · Israel’s destinations
  6. Electrical test instruments$46 million · 4.1%
    65 tonnes
  7. 71 tonnes · Israel’s destinations
  8. Control panels$26 million · 2.4%
    25 tonnes
  9. Phenol derivatives$26 million · 2.4%
    11 thousand tonnes
  10. Other industrial machines$25 million · 2.3%
    512 tonnes

What Taiwan sells to Israel

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

  1. Microchips$305 million · 25.9%
    8 tonnes · Taiwan’s destinations
  2. Computers$102 million · 8.7%
    181 tonnes · Taiwan’s destinations
  3. 180 tonnes
  4. 179 tonnes
  5. Polystyrene$24 million · 2%
    14 thousand tonnes
  6. Motorcycles$20 million · 1.7%
    693 tonnes
  7. 257 tonnes
  8. Cables and wire$19 million · 1.6%
    284 tonnes
  9. Stainless steel sheet$18 million · 1.5%
    6 thousand tonnes
  10. Phenols$17 million · 1.4%
    11 thousand tonnes

How it travels

Estimated sea route from Haifa to Kaohsiung.

The estimated sea route between Haifa and Kaohsiung is 14,587 nautical miles (27,015 km) long: ≈ 34–43.5 days at sea (at 18 and 14 knots).

Because of the 2024 disruptions, traffic is split: 85% via the Strait of Gibraltar, the Cape of Good Hope and the Strait of Malacca and Singapore (14,587 nautical miles); and 15% via the Suez Canal, the Bab-el-Mandeb Strait and the Strait of Malacca and Singapore (6,934 nautical miles).

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$480 million · 21%
  2. Air$1.8 billion · 79%

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

How much each matters to the other

Taiwan was Israel’s 20th largest trading partner (1% of its trade), and Israel was Taiwan’s 34th (0.2%).

Taiwan in Israel’s trade
1.5%
Taiwan’s rank among Israel’s partners
20th
Israel in Taiwan’s trade
0.2%
Israel’s rank among Taiwan’s partners
34th

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.