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Pricing

2022
Flag → Flag
Exports $847MRnk 52 / 218
2022
Flag → Flag
Top Product $102MPig Meat
2022
Flag → Flag
Exports $2.18BRnk 24 / 210
2022
Flag → Flag
Top Product $261MCoated Flat-Rolled Iron
2022
Flag
Economic Complexity (ECI) ECI 0.81Rnk 33 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.94Rnk 3 / 133
2022
Flag  
GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP GROWTH5.49%CURRENT US$
Rnk 154 / 186
2022
Flag
GDP PC $29,350CURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186

About

Spain-Chinese Taipei Trade: In 2022, Spain exported $847M to Chinese Taipei. The main products that Spain exported to Chinese Taipei were Pig Meat ($102M), Packaged Medicaments ($93.2M), and Cars ($85.9M). Over the past 5 years the exports of Spain to Chinese Taipei have increased at an annualized rate of 4.68%, from $674M in 2017 to $847M in 2022.

In 2022, Spain did not export any services to Chinese Taipei.

Chinese Taipei-Spain Trade: In 2022, Chinese Taipei exported $2.18B to Spain. The main products that Chinese Taipei exported to Spain were Coated Flat-Rolled Iron ($261M), Bi-Wheel Vehicle Parts ($246M), and Hot-Rolled Iron ($210M). Over the past 5 years the exports of Chinese Taipei to Spain have increased at an annualized rate of 12.3%,  from $1.22B in 2017 to $2.18B in 2022.

In 2022, Chinese Taipei did not export any services to Spain.

Comparison: In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B). That same year, Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B).

Latest Trends

September, 2024

About

Overview In September 2024, Spain exported €66.4M and imported €122M from Chinese Taipei, resulting in a negative trade balance of €55.7M. Between September 2023 and September 2024 the exports of Spain have increased by €13.7M (25.9%) from €52.7M to €66.4M, while imports decreased by €-27M (-18.1%) from €149M to €122M.

Trade In September 2024, the top exports of Spain to Chinese Taipei were Pig Meat (€10.1M), Cars (€6.26M), Electrical Transformers (€5.92M), Packaged Medicaments (€5.12M), and Gas Turbines (€4.92M). In September 2024 the top imports of Spain from Chinese Taipei were Coated Flat-Rolled Iron (€21M), Bi-Wheel Vehicle Parts (€19.7M), Telephones (€15.8M), Iron Fasteners (€9.1M), and Gas Turbines (€6.78M).

Origins In September 2024 the exports of Spain were mainly from Madrid (€21.4M), Valencia (€6.68M), Barcelona (€6.53M), Álava (€5.2M), and Pontevedra (€2.53M), while imports destinations were mainly Madrid (€34.9M), Barcelona (€32.2M), Vizcaya (€8.4M), Guipúzcoa (€5.7M), and Alicante (€4.87M).

Growth In September 2024, the increase in Spain's year-by-year exports to Chinese Taipei was explained primarily by an increase in product exports in Electrical Transformers (€5.35M or 946%), Cars (€3.22M or 106%), and Motor vehicles; parts and accessories (8701... (€1.22M or 767%). In September 2024, the decrease in Spain's year-by-year imports  from Chinese Taipei was explained primarily by an decrease in product imports  in Coated Flat-Rolled Iron (€-62.7M or -74.9%), Hot-Rolled Iron (€-7.79M or -58.3%), and Laboratory Reagents (€-4.63M or -92.7%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (September 2023 - September 2024)€13.7M(25.9%)
IMPORT GROWTH (September 2023 - September 2024)€-27M(-18.1%)
MAIN EXPORTER (September 2024)Madrid€21.4M

This section shows exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Spain over time.

To check Chinese Taipei and Spain trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $847M to Chinese Taipei. The main products exported from Spain to Chinese Taipei were Pig Meat ($102M), Packaged Medicaments ($93.2M), and Cars ($85.9M). During the last 5 years the exports of Spain to Chinese Taipei have increased at an annualized rate of 4.68%, from $674M in 2017 to $847M in 2022.

In 2017, Chinese Taipei exported $2.18B to Spain. The main products exported from Chinese Taipei to Spain were Coated Flat-Rolled Iron ($261M), Bi-Wheel Vehicle Parts ($246M), and Hot-Rolled Iron ($210M). During the last 5 years the exports of Chinese Taipei to Spain have increased at an annualized rate of 12.3%, from $1.22B in 2022 to $2.18B in 2017.

Exports from Spain (Flag) to Chinese Taipei (Flag) (2022)

Exports from Chinese Taipei (Flag) to Spain (Flag) (2022)

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Chinese Taipei
Top DestinationChina$121B

This map shows whether countries import more from Spain or Chinese Taipei. Each country is colored based on the difference in imports they receive from Spain and Chinese Taipei or the difference in the growth in imports.

In 2022, countries that imported more from Spain than Chinese Taipei included France ($65.2B), Portugal ($34.9B), and Italy ($32.1B).

In 2022, countries that imported more from Chinese Taipei than Spain included China ($121B), Hong Kong ($65.8B), and United States ($82.6B).

Difference in imports from Chinese Taipei (Flag) and Spain (Flag) (2022)

Comparative Advantage Spain - Chinese Taipei

Flow
Scale

This chart compares trade between Spain and Chinese Taipei by product, considering products traded by both, Spain and Chinese Taipei.

During 2022, Spain had a large net trade with Chinese Taipei in the exports of Chemical Products ($165M), Machines ($131M), and Animal Products ($130M).

During 2017, Chinese Taipei had a large net trade with Spain in the exports of Metals ($750M), Machines ($658M), and Transportation ($346M).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Spain and Chinese Taipei. This means that a dot/product with the flag of Spain indicates it has a comparative advantage over Chinese Taipei. Similarly, a dot/product with the flag of Chinese Taipei indicates it has a comparative advantage over Spain.

Product Space of Spain (Flag) and Chinese Taipei (Flag) (2022)

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