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2023
Flag → Flag
Exports $41.5MRnk 47 / 192
2023
Flag → Flag
Top Product $18.8MBlank Audio Media
2023
Flag → Flag
Exports $120MRnk 73 / 212
2023
Flag → Flag
Top Product $23.6MIntegrated Circuits
2023
Flag
Economic Complexity (ECI) ECI 2Rnk 2 / 132
2023
Flag  
GDP$41.3BCURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP GROWTH62.2%CURRENT US$
Rnk 49 / 195
2023
Flag
GDP PC $30,133CURRENT US$
Rnk 47 / 195
2013-2023
Flag
GDP PC GROWTH56%CURRENT US$
Rnk 35 / 195

About

Estonia-Chinese Taipei Trade: In 2023, Estonia exported $41.5M to Chinese Taipei. The main products that Estonia exported to Chinese Taipei were Blank Audio Media ($18.8M), Broadcasting Equipment ($6.64M), and Video Displays ($4.12M). Over the past 5 years the exports of Estonia to Chinese Taipei have increased at an annualized rate of 13.1%, from $22.5M in 2018 to $41.5M in 2023.

In 2023, Estonia did not export any services to Chinese Taipei.

Chinese Taipei-Estonia Trade: In 2023, Chinese Taipei exported $120M to Estonia. The main products that Chinese Taipei exported to Estonia were Integrated Circuits ($23.6M), Iron Fasteners ($10.3M), and Broadcasting Equipment ($9.24M). Over the past 5 years the exports of Chinese Taipei to Estonia have decreased at an annualized rate of 0.73%,  from $124M in 2018 to $120M in 2023.

In 2023, Chinese Taipei did not export any services to Estonia.

Comparison In 2023,  Estonia ranked 79 in total exports ($20B), and does not have data regarding Economic Complexity Index. That same year, Chinese Taipei ranked 2 in the Economic Complexity Index (ECI 2), and 11 in total exports ($509B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Estonia exported $41.5M to Chinese Taipei. The main products exported from Estonia to Chinese Taipei were Blank Audio Media ($18.8M), Broadcasting Equipment ($6.64M), and Video Displays ($4.12M). During the last 5 years the exports of Estonia to Chinese Taipei have increased at an annualized rate of 13.1%, from $22.5M in 2018 to $41.5M in 2023.

In 2018, Chinese Taipei exported $120M to Estonia. The main products exported from Chinese Taipei to Estonia were Integrated Circuits ($23.6M), Iron Fasteners ($10.3M), and Broadcasting Equipment ($9.24M). During the last 5 years the exports of Chinese Taipei to Estonia have decreased at an annualized rate of 0.73%, from $124M in 2023 to $120M in 2018.

Exports from Estonia (Flag) to Chinese Taipei (Flag) (2023)

Exports from Chinese Taipei (Flag) to Estonia (Flag) (2023)

Market Competitiveness

Color
Estonia
Top DestinationFinland$2.71B
Chinese Taipei
Top DestinationChina$101B

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

In 2023, countries that imported more from Estonia than Chinese Taipei included Latvia ($1.91B), Lithuania ($1.74B), and Finland ($2.71B).

In 2023, countries that imported more from Chinese Taipei than Estonia included China ($101B), United States ($85.6B), and Hong Kong ($66.1B).

Difference in imports from Chinese Taipei (Flag) and Estonia (Flag) (2023)

Comparative Advantage Estonia - Chinese Taipei

Flow
Scale

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

During 2023, Estonia had a large net trade with Chinese Taipei in the exports of Machines ($33M), Foodstuffs ($2.12M), and Instruments ($1.59M).

During 2018, Chinese Taipei had a large net trade with Estonia in the exports of Machines ($68.1M), Metals ($28.5M), and Textiles ($5.46M).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Estonia and Chinese Taipei. This means that a dot/product with the flag of Estonia 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 Estonia.

Product Space of Estonia (Flag) and Chinese Taipei (Flag) (2023)

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