2022
Flag  
GDP
$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH
85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
GDP PC 
$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH
66.6%CURRENT US$
Rnk 20 / 186

About

India-Chinese Taipei Trade: In 2022, India exported $2.9B to Chinese Taipei. The main products that India exported to Chinese Taipei were Refined Petroleum ($977M), Raw Aluminium ($254M), and Ferroalloys ($177M). Over the past 5 years the exports of India to Chinese Taipei have decreased at an annualized rate of 0.6%, from $2.98B in 2017 to $2.9B in 2022.

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

Chinese Taipei-India Trade: In 2022, Chinese Taipei exported $6.11B to India. The main products that Chinese Taipei exported to India were Integrated Circuits ($937M), Vinyl Chloride Polymers ($408M), and Polycarboxylic Acids ($402M). Over the past 5 years the exports of Chinese Taipei to India have increased at an annualized rate of 11.6%,  from $3.54B in 2017 to $6.11B in 2022.

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

Comparison: In 2022,  India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B). That same year, Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, India exported $2.9B to Chinese Taipei. The main products exported from India to Chinese Taipei were Refined Petroleum ($977M), Raw Aluminium ($254M), and Ferroalloys ($177M). During the last 5 years the exports of India to Chinese Taipei have decreased at an annualized rate of 0.6%, from $2.98B in 2017 to $2.9B in 2022.

In 2017, Chinese Taipei exported $6.11B to India. The main products exported from Chinese Taipei to India were Integrated Circuits ($937M), Vinyl Chloride Polymers ($408M), and Polycarboxylic Acids ($402M). During the last 5 years the exports of Chinese Taipei to India have increased at an annualized rate of 11.6%, from $3.54B in 2022 to $6.11B in 2017.

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

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

Market Competitiveness

Color
India
Top Destination
United States$82.9B
Chinese Taipei
Top Destination
China$121B

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

In 2022, countries that imported more from India than Chinese Taipei included United Arab Emirates ($31.6B), Bangladesh ($13.8B), and Netherlands ($17.6B).

In 2022, countries that imported more from Chinese Taipei than India included China ($121B), Hong Kong ($65.8B), and Japan ($34.9B).

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

Comparative Advantage India - Chinese Taipei

Flow
Scale

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

During 2022, India had a large net trade with Chinese Taipei in the exports of Mineral Products ($1.08B), Metals ($693M), and Chemical Products ($376M).

During 2017, Chinese Taipei had a large net trade with India in the exports of Machines ($2.66B), Chemical Products ($1.3B), and Plastics and Rubbers ($963M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential India Chinese Taipei+N/AN/A
Top Product Potential Chinese Taipei India+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

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

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

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