2023
Flag  
GDP
$405BCURRENT US$
Rnk 36 / 195
2013-2023
Flag
GDP GROWTH
-19.1%CURRENT US$
Rnk 189 / 195
2023
Flag
GDP PC 
$4,466CURRENT US$
Rnk 125 / 195
2013-2023
Flag
GDP PC GROWTH
-28.2%CURRENT US$
Rnk 186 / 195

About

Iran-Chinese Taipei Trade: In 2023, Iran exported $20.4M to Chinese Taipei. The main products that Iran exported to Chinese Taipei were Petroleum Coke ($13.9M), Vegetable Alkaloids ($1.67M), and Copper Plating ($842k). Over the past 5 years the exports of Iran to Chinese Taipei have decreased at an annualized rate of 60%, from $2B in 2018 to $20.4M in 2023.

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

Chinese Taipei-Iran Trade: In 2023, Chinese Taipei exported $61.1M to Iran. The main products that Chinese Taipei exported to Iran were Iron Fasteners ($5.82M), Other Plastic Products ($3.58M), and Reaction and Catalytic Products ($3.51M). Over the past 5 years the exports of Chinese Taipei to Iran have decreased at an annualized rate of 32%,  from $420M in 2018 to $61.1M in 2023.

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

Comparison: In 2023,  Iran ranked 58 in the Economic Complexity Index (ECI 0.084), and 92 in total exports ($13.2B). 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, Iran exported $20.4M to Chinese Taipei. The main products exported from Iran to Chinese Taipei were Petroleum Coke ($13.9M), Vegetable Alkaloids ($1.67M), and Copper Plating ($842k). During the last 5 years the exports of Iran to Chinese Taipei have decreased at an annualized rate of 60%, from $2B in 2018 to $20.4M in 2023.

In 2018, Chinese Taipei exported $61.1M to Iran. The main products exported from Chinese Taipei to Iran were Iron Fasteners ($5.82M), Other Plastic Products ($3.58M), and Reaction and Catalytic Products ($3.51M). During the last 5 years the exports of Chinese Taipei to Iran have decreased at an annualized rate of 32%, from $420M in 2023 to $61.1M in 2018.

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

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

Market Competitiveness

Color
Iran
Top Destination
China$4.59B
Chinese Taipei
Top Destination
China$101B

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

In 2023, countries that imported more from Iran than Chinese Taipei included Armenia ($597M), Pakistan ($943M), and Azerbaijan ($473M).

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

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

Comparative Advantage Iran - Chinese Taipei

Flow
Scale

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

During 2023, Iran had a large net trade with Chinese Taipei in the exports of Mineral Products ($14.8M), Chemical Products ($1.75M), and Metals ($1.7M).

During 2018, Chinese Taipei had a large net trade with Iran in the exports of Machines ($21M), Plastics and Rubbers ($10.7M), and Metals ($10M).

Economic Complexity

Competitive Landscape

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

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

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