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Trade between Taiwan and the United Kingdom

In 2024, Taiwan exported $5.4 billion to the United Kingdom and imported $2.7 billion. Taiwan ran a surplus of $2.7 billion with the United Kingdom, compared with a surplus of $2.4 billion in 2019. The United Kingdom was Taiwan’s 18th largest trading partner (0.9% of its trade), and Taiwan was the United Kingdom’s 28th (0.7%).

Summary

Taiwan → United Kingdom
$5.4billion
United Kingdom → Taiwan
$2.7billion
Taiwan’s balance
$2.7billion

Balance

Taiwan’s trade balance with the United Kingdom

Trade between Taiwan and the United Kingdom grew 2-fold since 1995

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

  • Exports 5.4
  • Imports 2.7
  • Balance +2.7

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$2.7 billion$1.4 billion$1.3 billion
1996$3.2 billion$1.4 billion$1.9 billion
1997$3.9 billion$2 billion$2 billion
1998$4 billion$1.7 billion$2.3 billion
1999$4.6 billion$1.7 billion$2.9 billion
2000$6.7 billion$2 billion$4.8 billion
2001$5.2 billion$1.5 billion$3.7 billion
2002$4.3 billion$1.4 billion$2.9 billion
2003$4.2 billion$1.5 billion$2.7 billion
2004$4.8 billion$1.8 billion$3 billion
2005$4.9 billion$1.8 billion$3.2 billion
2006$5.6 billion$1.8 billion$3.8 billion
2007$5.7 billion$2 billion$3.7 billion
2008$5.7 billion$2 billion$3.8 billion
2009$4.5 billion$1.2 billion$3.2 billion
2010$5.3 billion$1.7 billion$3.5 billion
2011$6.6 billion$1.9 billion$4.7 billion
2012$5.7 billion$1.9 billion$3.8 billion
2013$5.4 billion$1.8 billion$3.6 billion
2014$5.3 billion$1.8 billion$3.5 billion
2015$5 billion$1.7 billion$3.2 billion
2016$4.5 billion$1.8 billion$2.7 billion
2017$4.5 billion$1.9 billion$2.6 billion
2018$4.7 billion$2 billion$2.8 billion
2019$4.4 billion$2 billion$2.4 billion
2020$4.2 billion$1.8 billion$2.4 billion
2021$4.6 billion$2.3 billion$2.4 billion
2022$5.8 billion$2.4 billion$3.4 billion
2023$5.6 billion$2.5 billion$3.1 billion
2024$5.4 billion$2.7 billion$2.7 billion

What they sell each other

What Taiwan sells to the United Kingdom

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

  1. 3 thousand tonnes
  2. Microchips$486 million · 9%
    284 tonnes · Taiwan’s destinations
  3. Computers$428 million · 8%
    1 thousand tonnes · Taiwan’s destinations
  4. 2 thousand tonnes
  5. Screws, bolts and nuts$188 million · 3.5%
    38 thousand tonnes
  6. Auto parts$136 million · 2.5%
    11 thousand tonnes · Taiwan’s destinations
  7. Discs and storage media$129 million · 2.4%
    251 tonnes
  8. Motorcycle and bicycle parts$96 million · 1.8%
    2 thousand tonnes
  9. Sports equipment$88 million · 1.6%
    6 thousand tonnes
  10. Bicycles$66 million · 1.2%
    1 thousand tonnes

What the United Kingdom sells to Taiwan

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

  1. Spirits$554 million · 20.7%
    21 thousand tonnes
  2. Turbojets and gas turbines$488 million · 18.3%
    431 tonnes · the United Kingdom’s destinations
  3. Cars$191 million · 7.2%
    6 thousand tonnes · the United Kingdom’s destinations
  4. Other industrial machines$132 million · 4.9%
    626 tonnes
  5. 326 tonnes · the United Kingdom’s destinations
  6. Aircraft parts$67 million · 2.5%
    485 tonnes
  7. Centrifuges and filters$40 million · 1.5%
    336 tonnes
  8. 96 tonnes
  9. Generating sets$35 million · 1.3%
    1 thousand tonnes
  10. Fresh fish$33 million · 1.2%
    3 thousand tonnes

How it travels

Estimated sea route from Kaohsiung to Felixstowe.

The estimated sea route between Kaohsiung and Felixstowe is 13,554 nautical miles (25,102 km) long: ≈ 31.5–40.5 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 and the Strait of Dover (13,554 nautical miles); and 15% via the Strait of Malacca and Singapore, the Bab-el-Mandeb Strait, the Suez Canal, the Strait of Gibraltar and the Strait of Dover (10,119 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$3 billion · 37.1%
  2. Air$5.1 billion · 62.9%

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

How much each matters to the other

The United Kingdom was Taiwan’s 18th largest trading partner (0.9% of its trade), and Taiwan was the United Kingdom’s 28th (0.7%).

The United Kingdom in Taiwan’s trade
0.9%
The United Kingdom’s rank among Taiwan’s partners
18th
Taiwan in the United Kingdom’s trade
0.7%
Taiwan’s rank among the United Kingdom’s partners
28th

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.