Thailand (THA) and Chinese Taipei (TWN) Trade | The Observatory of Economic Complexity

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Thailand-Chinese Taipei Trade: In 2022, Thailand exported $5.39B to Chinese Taipei. The main products that Thailand exported to Chinese Taipei were Integrated Circuits ($922M), Air Conditioners ($328M), and Office Machine Parts ($263M). Over the past 5 years the exports of Thailand to Chinese Taipei have increased at an annualized rate of 4.55%, from $4.32B in 2017 to $5.39B in 2022.

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

Chinese Taipei-Thailand Trade: In 2022, Chinese Taipei exported $9.11B to Thailand. The main products that Chinese Taipei exported to Thailand were Integrated Circuits ($3.34B), Office Machine Parts ($423M), and Non-fillet Frozen Fish ($233M). Over the past 5 years the exports of Chinese Taipei to Thailand have increased at an annualized rate of 4.75%, from $7.22B in 2017 to $9.11B in 2022.

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

Comparison: In 2022, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B). 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, Thailand exported $5.39B to Chinese Taipei. The main products exported from Thailand to Chinese Taipei were Integrated Circuits ($922M), Air Conditioners ($328M), and Office Machine Parts ($263M). During the last 5 years the exports of Thailand to Chinese Taipei have increased at an annualized rate of 4.55%, from $4.32B in 2017 to $5.39B in 2022.

In 2017, Chinese Taipei exported $9.11B to Thailand. The main products exported from Chinese Taipei to Thailand were Integrated Circuits ($3.34B), Office Machine Parts ($423M), and Non-fillet Frozen Fish ($233M). During the last 5 years the exports of Chinese Taipei to Thailand have increased at an annualized rate of 4.75%, from $7.22B in 2022 to $9.11B in 2017.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Thailand
Top DestinationUnited States$53.4B

Chinese Taipei
Top DestinationChina$121B

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

In 2022, countries that imported more from Thailand than Chinese Taipei included Cambodia ($8.63B), Indonesia ($10.4B), and Australia ($12.6B).

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

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

Comparative Advantage Thailand - Chinese Taipei

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Thailand had a large net trade with Chinese Taipei in the exports of Machines ($2.53B), Transportation ($482M), and Foodstuffs ($435M).

During 2017, Chinese Taipei had a large net trade with Thailand in the exports of Machines ($5.28B), Metals ($1.38B), and Plastics and Rubbers ($649M).

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 Thailand and Chinese Taipei. This means that a dot/product with the flag of Thailand 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 Thailand.

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Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

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

Comparative Advantage Thailand - Chinese Taipei

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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