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Trade between Taiwan and Thailand

In 2024, Taiwan exported $19.9 billion to Thailand and imported $6.3 billion. Taiwan ran a surplus of $13.6 billion with Thailand, compared with a surplus of $3.7 billion in 2019. Thailand was Taiwan’s 8th largest trading partner (3% of its trade), and Taiwan was Thailand’s 5th (4%).

Summary

Taiwan → Thailand
$19.9billion
Thailand → Taiwan
$6.3billion
Taiwan’s balance
$13.6billion

Balance

Taiwan’s trade balance with Thailand

Trade between Taiwan and Thailand grew 5.5-fold since 1995

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

  • Exports 19.9
  • Imports 6.3
  • Balance +13.6

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$3.4 billion$1.3 billion$2.1 billion
1996$3.1 billion$1.4 billion$1.7 billion
1997$3.1 billion$2.2 billion$869 million
1998$2.5 billion$2.3 billion$185 million
1999$2.6 billion$2.5 billion$15 million
2000$3.1 billion$2.9 billion$182 million
2001$2.7 billion$2.3 billion$453 million
2002$3 billion$2.3 billion$743 million
2003$3.3 billion$2.5 billion$838 million
2004$4.1 billion$2.6 billion$1.4 billion
2005$4.6 billion$3 billion$1.6 billion
2006$5.3 billion$3.4 billion$1.9 billion
2007$6.1 billion$3.9 billion$2.1 billion
2008$6.2 billion$3.4 billion$2.7 billion
2009$5.2 billion$2.8 billion$2.3 billion
2010$6.9 billion$3.9 billion$3 billion
2011$7.5 billion$4.5 billion$3.1 billion
2012$8.3 billion$3.8 billion$4.5 billion
2013$7.6 billion$3.8 billion$3.9 billion
2014$7.6 billion$4.4 billion$3.1 billion
2015$7.5 billion$4 billion$3.5 billion
2016$7.1 billion$4 billion$3.1 billion
2017$8.2 billion$4.4 billion$3.8 billion
2018$8.7 billion$4.6 billion$4.1 billion
2019$8.1 billion$4.3 billion$3.7 billion
2020$6.3 billion$4.4 billion$1.9 billion
2021$8.3 billion$6 billion$2.4 billion
2022$11.4 billion$6.1 billion$5.3 billion
2023$14.9 billion$5.4 billion$9.5 billion
2024$19.9 billion$6.3 billion$13.6 billion

What they sell each other

What Taiwan sells to Thailand

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

  1. Microchips$10 billion · 50.4%
    2 thousand tonnes · Taiwan’s destinations
  2. Computers$3.8 billion · 19.3%
    970 tonnes · Taiwan’s destinations
  3. Computer and office machine parts$1.3 billion · 6.5%
    894 tonnes
  4. Cameras and broadcast equipment$270 million · 1.4%
    280 tonnes
  5. Frozen fish$256 million · 1.3%
    159 thousand tonnes
  6. Printed circuit boards$201 million · 1%
    1 thousand tonnes
  7. Other plastic articles$104 million · 0.52%
    4 thousand tonnes
  8. Diodes, transistors and solar cells$104 million · 0.52%
    524 tonnes
  9. Coated flat steel$101 million · 0.51%
    99 thousand tonnes
  10. Copper foil$99 million · 0.5%
    11 thousand tonnes

What Thailand sells to Taiwan

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

  1. Microchips$1.1 billion · 17%
    426 tonnes · Thailand’s destinations
  2. Computer and office machine parts$504 million · 8%
    2 thousand tonnes
  3. Computers$483 million · 7.7%
    792 tonnes · Thailand’s destinations
  4. Transformers and power supplies$252 million · 4%
    2 thousand tonnes
  5. Air conditioners$237 million · 3.8%
    20 thousand tonnes · Thailand’s destinations
  6. Cameras and broadcast equipment$148 million · 2.4%
    137 tonnes
  7. Auto parts$145 million · 2.3%
    13 thousand tonnes · Thailand’s destinations
  8. Starches$136 million · 2.2%
    182 thousand tonnes
  9. Cane and beet sugar$116 million · 1.9%
    139 thousand tonnes · Thailand’s destinations
  10. Diodes, transistors and solar cells$110 million · 1.8%
    6 thousand tonnes

How it travels

Estimated sea route from Kaohsiung to Laem Chabang.

The estimated sea route between Kaohsiung and Laem Chabang is 1,656 nautical miles (3,067 km) long: ≈ 4–5 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$6.5 billion · 24.7%
  2. Air$19.7 billion · 75.3%

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

How much each matters to the other

Thailand was Taiwan’s 8th largest trading partner (3% of its trade), and Taiwan was Thailand’s 5th (4%).

Thailand in Taiwan’s trade
2.8%
Thailand’s rank among Taiwan’s partners
8th
Taiwan in Thailand’s trade
4.1%
Taiwan’s rank among Thailand’s partners
5th

Compare with

Other partners of Taiwan

Other partners of Thailand

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.