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2023
Flag → Flag
Exports $5.42BRnk 16 / 216
2023
Flag → Flag
Top Product $1.06BIntegrated Circuits
2023
Flag → Flag
Exports $14.9BRnk 8 / 212
2023
Flag → Flag
Top Product $6.9BIntegrated Circuits
2023
Flag
Economic Complexity (ECI) ECI 0.96Rnk 29 / 132
2023
Flag
Economic Complexity (ECI) ECI 2Rnk 2 / 132
2023
Flag  
GDP$515BCURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP GROWTH22.5%CURRENT US$
Rnk 133 / 195
2023
Flag
GDP PC $7,182CURRENT US$
Rnk 102 / 195
2013-2023
Flag
GDP PC GROWTH19.3%CURRENT US$
Rnk 103 / 195

About

Thailand-Chinese Taipei Trade: In 2023, Thailand exported $5.42B to Chinese Taipei. The main products that Thailand exported to Chinese Taipei were Integrated Circuits ($1.06B), Office Machine Parts ($377M), and Air Conditioners ($230M). Over the past 5 years the exports of Thailand to Chinese Taipei have increased at an annualized rate of 3.38%, from $4.59B in 2018 to $5.42B in 2023.

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

Chinese Taipei-Thailand Trade: In 2023, Chinese Taipei exported $14.9B to Thailand. The main products that Chinese Taipei exported to Thailand were Integrated Circuits ($6.9B), Computers ($1.94B), and Office Machine Parts ($773M). Over the past 5 years the exports of Chinese Taipei to Thailand have increased at an annualized rate of 11.4%,  from $8.66B in 2018 to $14.9B in 2023.

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

Comparison: In 2023,  Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 25 in total exports ($332B). 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, Thailand exported $5.42B to Chinese Taipei. The main products exported from Thailand to Chinese Taipei were Integrated Circuits ($1.06B), Office Machine Parts ($377M), and Air Conditioners ($230M). During the last 5 years the exports of Thailand to Chinese Taipei have increased at an annualized rate of 3.38%, from $4.59B in 2018 to $5.42B in 2023.

In 2018, Chinese Taipei exported $14.9B to Thailand. The main products exported from Chinese Taipei to Thailand were Integrated Circuits ($6.9B), Computers ($1.94B), and Office Machine Parts ($773M). During the last 5 years the exports of Chinese Taipei to Thailand have increased at an annualized rate of 11.4%, from $8.66B in 2023 to $14.9B in 2018.

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

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

Market Competitiveness

Color
Thailand
Top DestinationUnited States$58.5B
Chinese Taipei
Top DestinationChina$101B

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 2023, countries that imported more from Thailand than Chinese Taipei included Australia ($13.5B), Indonesia ($10.4B), and Cambodia ($6.19B).

In 2023, countries that imported more from Chinese Taipei than Thailand included China ($101B), Hong Kong ($66.1B), and Singapore ($47B).

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

Comparative Advantage Thailand - Chinese Taipei

Flow
Scale

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

During 2023, Thailand had a large net trade with Chinese Taipei in the exports of Machines ($2.67B), Foodstuffs ($467M), and Transportation ($437M).

During 2018, Chinese Taipei had a large net trade with Thailand in the exports of Machines ($11.8B), Metals ($1.05B), and Plastics and Rubbers ($580M).

Economic Complexity

Competitive Landscape

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.

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

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