2022
Flag  
GDP
$1.11TCURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP GROWTH
49.4%CURRENT US$
Rnk 62 / 186
2022
Flag
GDP PC 
$30,436CURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP PC GROWTH
26.5%CURRENT US$
Rnk 71 / 186

About

Saudi Arabia-Chinese Taipei Trade: In 2022, Saudi Arabia exported $11.5B to Chinese Taipei. The main products that Saudi Arabia exported to Chinese Taipei were Crude Petroleum ($10.2B), Ammonia ($234M), and Acyclic Alcohols ($172M). Over the past 5 years the exports of Saudi Arabia to Chinese Taipei have increased at an annualized rate of 11%, from $6.84B in 2017 to $11.5B in 2022.

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

Chinese Taipei-Saudi Arabia Trade: In 2022, Chinese Taipei exported $1.04B to Saudi Arabia. The main products that Chinese Taipei exported to Saudi Arabia were Cars ($277M), Hot-Rolled Iron ($124M), and Motor vehicles; parts and accessories (8701 to 8705) ($48.9M). Over the past 5 years the exports of Chinese Taipei to Saudi Arabia have decreased at an annualized rate of 3.43%,  from $1.24B in 2017 to $1.04B in 2022.

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

Comparison: In 2022,  Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B). 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, Saudi Arabia exported $11.5B to Chinese Taipei. The main products exported from Saudi Arabia to Chinese Taipei were Crude Petroleum ($10.2B), Ammonia ($234M), and Acyclic Alcohols ($172M). During the last 5 years the exports of Saudi Arabia to Chinese Taipei have increased at an annualized rate of 11%, from $6.84B in 2017 to $11.5B in 2022.

In 2017, Chinese Taipei exported $1.04B to Saudi Arabia. The main products exported from Chinese Taipei to Saudi Arabia were Cars ($277M), Hot-Rolled Iron ($124M), and Motor vehicles; parts and accessories (8701 to 8705) ($48.9M). During the last 5 years the exports of Chinese Taipei to Saudi Arabia have decreased at an annualized rate of 3.43%, from $1.24B in 2022 to $1.04B in 2017.

Exports from Saudi Arabia (Flag) to Chinese Taipei (Flag) (2022)

Exports from Chinese Taipei (Flag) to Saudi Arabia (Flag) (2022)

Market Competitiveness

Color
Saudi Arabia
Top Destination
China$68B
Chinese Taipei
Top Destination
China$121B

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

In 2022, countries that imported more from Saudi Arabia than Chinese Taipei included India ($46.2B), South Korea ($36B), and United Arab Emirates ($8.82B).

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

Difference in imports from Chinese Taipei (Flag) and Saudi Arabia (Flag) (2022)

Comparative Advantage Saudi Arabia - Chinese Taipei

Flow
Scale

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

During 2022, Saudi Arabia had a large net trade with Chinese Taipei in the exports of Mineral Products ($10.5B), Chemical Products ($653M), and Plastics and Rubbers ($214M).

During 2017, Chinese Taipei had a large net trade with Saudi Arabia in the exports of Transportation ($329M), Metals ($269M), and Machines ($167M).

Economic Complexity

Competitive Landscape

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

Product Space of Saudi Arabia (Flag) and Chinese Taipei (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with