Taiwan set to remain Singapore's largest trading partner
Taiwan's trade with Singapore keeps hitting records, good news for Taiwan's chip and AI exporters and for both governments' push to deepen ties.
- Taiwan passed China and Malaysia in 2025 to become Singapore's biggest trading partner, and looks set to hold that spot.
- Two-way trade in the first half of 2026 nearly doubled from a year earlier, another record.
- AI and semiconductors drive it — chips and related parts make up roughly 85% of what Taiwan sends to Singapore.
- Singapore is now Taiwan's largest source of foreign investment, supplying most of the money coming in.
- A new tax deal signed in late 2025 cuts double taxation, making it cheaper for companies to invest across both markets.
Outlook: Chip and AI demand should keep the trade numbers climbing, with more government-level cooperation likely to follow the business boom.