Dáil Éireann Debate, Tuesday - 19 May 2026
297. Deputy Brendan Smith asked the Minister for Foreign Affairs and Trade the level of bi-lateral Ireland/Taiwan trade on an annual basis 2020-2025; the measures that will be introduced to support an increase in such trade; and if she will make a statement on the matter. [37728/26]
Amharc ar fhreagraThe data requested by the Deputy is contained in the tables below based on data available from the Central Statistics Office.
Table 1: Ireland's Trade in Goods with Taiwan for 2020-2025
|
|
Exports (Goods) EUR € million |
Imports (Goods) EUR € million |
Total Trade (Goods) EUR € million |
|
2020 |
467 |
563 |
1030 |
|
2021 |
348 |
809 |
1157 |
|
2022 |
505 |
1315 |
1820 |
|
2023 |
447 |
1229 |
1676 |
|
2024 |
373 |
2053 |
2426 |
|
2025 |
457 |
4305 |
4762
|
Table 2: Ireland's Trade in Services with Taiwan for 2020-2024
Figures for Ireland's trade in services are not yet available for 2025.
|
|
Exports (Services) EUR € million |
Imports (Services) EUR € million |
Total Trade (Services) EUR € million |
|
2020 |
1488 |
548 |
2036 |
|
2021 |
1505 |
610 |
2115 |
|
2022 |
1773 |
1148 |
2921 |
|
2023 |
1983 |
1280 |
3263 |
|
2024 |
2075 |
872 |
2947 |
As demonstrated by the data available from the Central Statistics Office, there has been a significant amount of economic activity between Ireland and Taiwan throughout the period from 2020 to 2025. In 2024 – the latest year for which full statistics on goods and services are available – the total value of trade between Ireland and Taiwan was €5.373 billion.
In terms of supporting these economic and trade links, IDA Ireland, the agency responsible for attracting foreign direct investment, manages the Taiwanese market from its Singapore office, and Enterprise Ireland, the agency responsible for enterprise development, manages the market from its office in Hong Kong.
It is important to recall that Ireland, along with our EU partners, adheres to the One China Policy. This means that we recognise the People's Republic of China as the sole legal government of China, and we do not have diplomatic relations with Taiwan. However, this does not preclude the development of economic, trade, cultural, and people-to-people connections with Taiwan.
