Palestine (PSE) and Chinese Taipei (TWN) Trade | The Observatory of Economic Complexity

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Palestine-Chinese Taipei Trade: In 2022, Palestine exported $34 to Chinese Taipei. The main products that Palestine exported to Chinese Taipei were Pens ($34). Over the past 6 years the exports of Palestine to Chinese Taipei have decreased at an annualized rate of 19.4%, from $124 in 2016 to $34 in 2022.

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

Chinese Taipei-Palestine Trade: In 2022, Chinese Taipei exported $18.7M to Palestine. The main products that Chinese Taipei exported to Palestine were Telephones ($3.74M), Broadcasting Equipment ($3.32M), and Electrical Lighting and Signalling Equipment ($1.86M). Over the past 6 years the exports of Chinese Taipei to Palestine have increased at an annualized rate of 20.3%, from $7.43M in 2016 to $18.7M in 2022.

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

Comparison In 2022, Palestine ranked 150 in total exports ($1.61B), and does not have data regarding Economic Complexity Index. 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Palestine exported $34 to Chinese Taipei. The main products exported from Palestine to Chinese Taipei were Pens ($34). During the last 6 years the exports of Palestine to Chinese Taipei have decreased at an annualized rate of 19.4%, from $124 in 2016 to $34 in 2022.

In 2017, Chinese Taipei exported $18.7M to Palestine. The main products exported from Chinese Taipei to Palestine were Telephones ($3.74M), Broadcasting Equipment ($3.32M), and Electrical Lighting and Signalling Equipment ($1.86M). During the last 5 years the exports of Chinese Taipei to Palestine have increased at an annualized rate of 20.3%, from $7.43M in 2022 to $18.7M in 2017.

Exports from Palestine () to Chinese Taipei () (2022)

Exports from Chinese Taipei () to Palestine () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Palestine
Top DestinationIsrael$1.3B

Chinese Taipei
Top DestinationChina$121B

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

In 2022, countries that imported more from Palestine than Chinese Taipei included Israel ($1.3B).

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

Difference in imports from Chinese Taipei () and Palestine () (2022)

Comparative Advantage Palestine - Chinese Taipei

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Palestine had a large net trade with Chinese Taipei in the exports of Miscellaneous ($34).

During 2017, Chinese Taipei had a large net trade with Palestine in the exports of Machines ($10.8M), Foodstuffs ($2.59M), and Metals ($1.34M).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Palestine () to Chinese Taipei () (2022)

Exports from Chinese Taipei () to Palestine () (2022)

Market Competitiveness

Difference in imports from Chinese Taipei () and Palestine () (2022)

Comparative Advantage Palestine - Chinese Taipei

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Palestine () and Chinese Taipei () (2022)

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