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Trade between Malaysia and Taiwan

In 2024, Malaysia exported $14.4 billion to Taiwan and imported $19.3 billion. Malaysia ran a deficit of $4.9 billion with Taiwan, compared with a deficit of $3 billion in 2019. Taiwan was Malaysia’s 5th largest trading partner (5% of its trade), and Malaysia was Taiwan’s 7th (4%).

Summary

Malaysia → Taiwan
$14.4billion
Taiwan → Malaysia
$19.3billion
Malaysia’s balance
-$4.9billion

Balance

Malaysia’s trade balance with Taiwan

Trade between Malaysia and Taiwan grew 5.5-fold since 1995

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

  • Exports 14.4
  • Imports 19.3
  • Balance -4.9

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$2.3 billion$3.8 billion-$1.5 billion
1996$3.2 billion$3.8 billion-$600 million
1997$4.4 billion$3.9 billion$476 million
1998$3.9 billion$3 billion$867 million
1999$4.1 billion$3.6 billion$497 million
2000$5.5 billion$4.4 billion$1.1 billion
2001$4.3 billion$4.1 billion$205 million
2002$4.3 billion$4.4 billion-$116 million
2003$4.8 billion$4 billion$732 million
2004$5.4 billion$5.7 billion-$328 million
2005$5.3 billion$6.2 billion-$872 million
2006$6.2 billion$6.6 billion-$420 million
2007$6.4 billion$7.2 billion-$813 million
2008$6.8 billion$6.3 billion$420 million
2009$4.2 billion$6 billion-$1.8 billion
2010$7.9 billion$5.8 billion$2.1 billion
2011$8.1 billion$7 billion$1.1 billion
2012$7.4 billion$6.7 billion$786 million
2013$8.1 billion$10.1 billion-$1.9 billion
2014$8.9 billion$10.5 billion-$1.7 billion
2015$7.3 billion$9.3 billion-$1.9 billion
2016$6.3 billion$10 billion-$3.7 billion
2017$7.2 billion$10.8 billion-$3.6 billion
2018$9.2 billion$15.3 billion-$6.1 billion
2019$10.4 billion$13.5 billion-$3 billion
2020$9.8 billion$11.6 billion-$1.8 billion
2021$11.3 billion$15.2 billion-$3.9 billion
2022$13 billion$18.7 billion-$5.7 billion
2023$9.6 billion$14.7 billion-$5.1 billion
2024$14.4 billion$19.3 billion-$4.9 billion

What they sell each other

What Malaysia sells to Taiwan

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

  1. Microchips$6.5 billion · 45%
    1 thousand tonnes · Malaysia’s destinations
  2. Electrical test instruments$1.8 billion · 12.7%
    3 thousand tonnes
  3. Other industrial machines$926 million · 6.4%
    3 thousand tonnes
  4. Natural gas and LPG$660 million · 4.6%
    1.1 million tonnes
  5. Refined petroleum$496 million · 3.5%
    824 thousand tonnes · Malaysia’s destinations
  6. 3 thousand tonnes
  7. Computers$286 million · 2%
    694 tonnes · Malaysia’s destinations
  8. Discs and storage media$254 million · 1.8%
    122 tonnes
  9. Palm oil$217 million · 1.5%
    218 thousand tonnes · Malaysia’s destinations
  10. 199 tonnes

What Taiwan sells to Malaysia

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

  1. Microchips$9.4 billion · 48.9%
    3 thousand tonnes · Taiwan’s destinations
  2. 4 thousand tonnes
  3. Computers$1.6 billion · 8.2%
    5 thousand tonnes · Taiwan’s destinations
  4. Refined petroleum$1.4 billion · 7.5%
    2.2 million tonnes · Taiwan’s destinations
  5. Printed circuit boards$437 million · 2.3%
    13 thousand tonnes
  6. 3 thousand tonnes
  7. Hot-rolled flat steel$320 million · 1.7%
    468 thousand tonnes
  8. 2 thousand tonnes
  9. Other industrial machines$219 million · 1.1%
    2 thousand tonnes
  10. Discs and storage media$132 million · 0.68%
    422 tonnes

How it travels

Estimated sea route from Port Klang to Kaohsiung.

The estimated sea route between Port Klang and Kaohsiung is 1,869 nautical miles (3,460 km) long: ≈ 4.5–5.5 days at sea (at 18 and 14 knots).

Passages it crosses: Strait of Malacca and Singapore.

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$7.8 billion · 23.2%
  2. Air$25.9 billion · 76.8%

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

How much each matters to the other

Taiwan was Malaysia’s 5th largest trading partner (5% of its trade), and Malaysia was Taiwan’s 7th (4%).

Taiwan in Malaysia’s trade
4.8%
Taiwan’s rank among Malaysia’s partners
5th
Malaysia in Taiwan’s trade
3.6%
Malaysia’s rank among Taiwan’s partners
7th

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.