The bilateral trade between India and Taiwan saw a significant 17% increase in 2025, reaching $12.5 billion, as reported by the Taipei Economic and Cultural Center (TECC). India’s exports to Taiwan totaled $3.3 billion, including mineral fuels, aluminium, iron, steel, organic chemicals, and plastics. Meanwhile, Taiwan’s exports to India amounted to $9.2 billion, primarily comprising electronic integrated circuits, plastics, organic chemicals, electrical machinery, iron, and steel.
Estela Chen, Director of the Economic Division at TECC, highlighted Taiwan’s expertise in semiconductors, AI server, AIoT total solution, and edge computing during the launch of the ‘Taiwan Excellence’ expo in India. The economic ties between Taiwan and India have been strengthening, fostering investments and business collaborations between the two nations.
The robust economic relationship has led to Taiwanese companies actively investing in India’s electronics manufacturing, semiconductor, and automotive sectors. Simultaneously, Indian businesses are exploring opportunities in Taiwan’s information technology and engineering sectors, promoting mutual growth and cooperation.
Taiwan has emerged as a reliable partner in India’s key initiatives like Digital India and the India AI Mission. From smartphone and IoT manufacturing to cutting-edge high-tech product design, Taiwan’s expertise is dedicated to supporting India’s digital transformation efforts. Currently, over 300 Taiwanese companies are operating in India, indicating the growing economic engagement between the two countries.
While the bilateral trade between Taiwan and India hit a record high of $12.5 billion last year, there is still room for further growth compared to Taiwan’s trade figures with other nations like the USA, Mainland China, South Korea, and Japan. Recognizing the significance of their trade relationship, both Taiwan and India are actively exploring measures to enhance bilateral trade cooperation.
