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2022
Flag → Flag
Exports $2.75BRnk 41 / 221
2022
Flag → Flag
Top Product $649MPackaged Medicaments
2022
Flag → Flag
Exports $3.57BRnk 20 / 210
2022
Flag → Flag
Top Product $436MLarge Flat-Rolled Stainless Steel
2022
Flag
Economic Complexity (ECI) ECI 1.29Rnk 17 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.94Rnk 3 / 133
2022
Flag  
GDP$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH-3.67%CURRENT US$
Rnk 169 / 186
2022
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GDP PC $34,158CURRENT US$
Rnk 30 / 186
2012-2022
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GDP PC GROWTH-2.55%CURRENT US$
Rnk 148 / 186

About

Italy-Chinese Taipei Trade: In 2022, Italy exported $2.75B to Chinese Taipei. The main products that Italy exported to Chinese Taipei were Packaged Medicaments ($649M), Oscilloscopes ($220M), and Trunks and Cases ($161M). Over the past 5 years the exports of Italy to Chinese Taipei have increased at an annualized rate of 9.66%, from $1.74B in 2017 to $2.75B in 2022.

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

Chinese Taipei-Italy Trade: In 2022, Chinese Taipei exported $3.57B to Italy. The main products that Chinese Taipei exported to Italy were Large Flat-Rolled Stainless Steel ($436M), Bi-Wheel Vehicle Parts ($267M), and Hot-Rolled Iron ($190M). Over the past 5 years the exports of Chinese Taipei to Italy have increased at an annualized rate of 9.95%,  from $2.22B in 2017 to $3.57B in 2022.

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

Comparison: In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B). That same year, Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B).

Latest Trends

July, 2024

About

Overview In July 2024, Italy exported €216M and imported €247M from Chinese Taipei, resulting in a negative trade balance of €31.3M. Between July 2023 and July 2024 the exports of Italy have increased by €74.4M (52.7%) from €141M to €216M, while imports increased by €20.9M (9.26%) from €226M to €247M.

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)€74.4M(52.7%)
IMPORT GROWTH (July 2023 - July 2024)€20.9M(9.26%)

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

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

For full datasets download visit Bulk Download page.

Explore Chinese Taipei and Italy Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $2.75B to Chinese Taipei. The main products exported from Italy to Chinese Taipei were Packaged Medicaments ($649M), Oscilloscopes ($220M), and Trunks and Cases ($161M). During the last 5 years the exports of Italy to Chinese Taipei have increased at an annualized rate of 9.66%, from $1.74B in 2017 to $2.75B in 2022.

In 2017, Chinese Taipei exported $3.57B to Italy. The main products exported from Chinese Taipei to Italy were Large Flat-Rolled Stainless Steel ($436M), Bi-Wheel Vehicle Parts ($267M), and Hot-Rolled Iron ($190M). During the last 5 years the exports of Chinese Taipei to Italy have increased at an annualized rate of 9.95%, from $2.22B in 2022 to $3.57B in 2017.

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

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

Market Competitiveness

Color
Italy
Top DestinationGermany$78.5B
Chinese Taipei
Top DestinationChina$121B

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

In 2022, countries that imported more from Italy than Chinese Taipei included Germany ($78.5B), France ($63.8B), and Spain ($32.8B).

In 2022, countries that imported more from Chinese Taipei than Italy included China ($121B), Hong Kong ($65.8B), and Singapore ($38.6B).

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

Comparative Advantage Italy - Chinese Taipei

Flow
Scale

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

During 2022, Italy had a large net trade with Chinese Taipei in the exports of Chemical Products ($853M), Machines ($497M), and Instruments ($281M).

During 2017, Chinese Taipei had a large net trade with Italy in the exports of Metals ($1.17B), Machines ($1.08B), and Transportation ($564M).

Economic Complexity

Competitive Landscape

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

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

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