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Trade between Taiwan and Turkey

In 2024, Taiwan exported $1.5 billion to Turkey and imported $281 million. Taiwan ran a surplus of $1.2 billion with Turkey, compared with a surplus of $945 million in 2019. Turkey was Taiwan’s 36th largest trading partner (0.2% of its trade), and Taiwan was Turkey’s 57th (0.3%).

Summary

Taiwan → Turkey
$1.5billion
Turkey → Taiwan
$281million
Taiwan’s balance
$1.2billion

Balance

Taiwan’s trade balance with Turkey

Trade between Taiwan and Turkey grew 3.9-fold since 1995

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

  • Exports 1.5
  • Imports 0.3
  • Balance +1.2

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$351 million$108 million$243 million
1996$450 million$39 million$412 million
1997$568 million$68 million$500 million
1998$548 million$38 million$510 million
1999$393 million$53 million$340 million
2000$597 million$90 million$507 million
2001$334 million$91 million$244 million
2002$540 million$296 million$244 million
2003$756 million$154 million$603 million
2004$1.2 billion$262 million$966 million
2005$1.5 billion$101 million$1.4 billion
2006$1.4 billion$111 million$1.3 billion
2007$1.9 billion$197 million$1.7 billion
2008$1.7 billion$306 million$1.4 billion
2009$1.4 billion$161 million$1.2 billion
2010$1.8 billion$182 million$1.6 billion
2011$2 billion$209 million$1.8 billion
2012$2.1 billion$200 million$1.9 billion
2013$2 billion$175 million$1.8 billion
2014$2.2 billion$194 million$2 billion
2015$2 billion$239 million$1.8 billion
2016$1.6 billion$198 million$1.4 billion
2017$2 billion$273 million$1.8 billion
2018$1.8 billion$371 million$1.4 billion
2019$1.3 billion$344 million$945 million
2020$1.5 billion$359 million$1.1 billion
2021$1.8 billion$427 million$1.4 billion
2022$2.3 billion$373 million$1.9 billion
2023$2.1 billion$322 million$1.8 billion
2024$1.5 billion$281 million$1.2 billion

What they sell each other

What Taiwan sells to Turkey

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

  1. Microchips$190 million · 12.7%
    137 tonnes · Taiwan’s destinations
  2. Machining centers$100 million · 6.7%
    12 thousand tonnes
  3. Cameras and broadcast equipment$100 million · 6.7%
    638 tonnes
  4. Hot-rolled flat steel$79 million · 5.3%
    120 thousand tonnes
  5. Computer and office machine parts$62 million · 4.2%
    264 tonnes
  6. Metal lathes$54 million · 3.6%
    5 thousand tonnes
  7. Polystyrene$46 million · 3.1%
    29 thousand tonnes
  8. Stainless steel sheet$26 million · 1.7%
    13 thousand tonnes
  9. Acrylic polymers$26 million · 1.7%
    19 thousand tonnes
  10. Screws, bolts and nuts$25 million · 1.7%
    4 thousand tonnes

What Turkey sells to Taiwan

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

  1. Turbojets and gas turbines$41 million · 14.7%
    8 tonnes · Turkey’s destinations
  2. Marble and travertine$16 million · 5.8%
    34 thousand tonnes
  3. Particle board and OSB$13 million · 4.5%
    30 thousand tonnes
  4. Boron oxides and boric acid$12 million · 4.4%
    15 thousand tonnes
  5. Natural borates$12 million · 4.3%
    26 thousand tonnes
  6. Starches$12 million · 4.3%
    19 thousand tonnes
  7. Medicines in measured doses or retail packs$6 million · 2%
    136 tonnes · Turkey’s destinations
  8. Pasta$5 million · 1.9%
    6 thousand tonnes
  9. Women's suits and dresses$5 million · 1.8%
    73 tonnes
  10. Cars$5 million · 1.7%
    421 tonnes · Turkey’s destinations

How it travels

Estimated sea route from Kaohsiung to Istanbul.

The estimated sea route between Kaohsiung and Istanbul is 14,349 nautical miles (26,574 km) long: ≈ 33–42.5 days at sea (at 18 and 14 knots).

Because of the 2024 disruptions, traffic is split: 85% via the Strait of Malacca and Singapore, the Cape of Good Hope, the Strait of Gibraltar and the Dardanelles (14,349 nautical miles); and 15% via the Strait of Malacca and Singapore, the Bab-el-Mandeb Strait, the Suez Canal and the Dardanelles (7,562 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$1.1 billion · 63.9%
  2. Air$640 million · 36.1%

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

How much each matters to the other

Turkey was Taiwan’s 36th largest trading partner (0.2% of its trade), and Taiwan was Turkey’s 57th (0.3%).

Turkey in Taiwan’s trade
0.2%
Turkey’s rank among Taiwan’s partners
36th
Taiwan in Turkey’s trade
0.3%
Taiwan’s rank among Turkey’s partners
57th

Compare with

Other partners of Taiwan

Other partners of Turkey

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.