2023
Flag  
GDP
$1.12TCURRENT US$
Rnk 18 / 195
2013-2023
Flag
GDP GROWTH
16.8%CURRENT US$
Rnk 149 / 195
2023
Flag
GDP PC 
$13,106CURRENT US$
Rnk 77 / 195
2013-2023
Flag
GDP PC GROWTH
4.19%CURRENT US$
Rnk 147 / 195

About

Turkey-Chinese Taipei Trade: In 2023, Turkey exported $317M to Chinese Taipei. The main products that Turkey exported to Chinese Taipei were Gas Turbines ($39.2M), Cars ($26.5M), and Particle Board ($14.8M). Over the past 5 years the exports of Turkey to Chinese Taipei have decreased at an annualized rate of 2.99%, from $369M in 2018 to $317M in 2023.

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

Chinese Taipei-Turkey Trade: In 2023, Chinese Taipei exported $2.13B to Turkey. The main products that Chinese Taipei exported to Turkey were Integrated Circuits ($275M), Metalworking Transfer Machines ($223M), and Broadcasting Equipment ($141M). Over the past 5 years the exports of Chinese Taipei to Turkey have increased at an annualized rate of 3.74%,  from $1.77B in 2018 to $2.13B in 2023.

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

Comparison: In 2023,  Turkey ranked 41 in the Economic Complexity Index (ECI 0.62), and 28 in total exports ($272B). 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, Turkey exported $317M to Chinese Taipei. The main products exported from Turkey to Chinese Taipei were Gas Turbines ($39.2M), Cars ($26.5M), and Particle Board ($14.8M). During the last 5 years the exports of Turkey to Chinese Taipei have decreased at an annualized rate of 2.99%, from $369M in 2018 to $317M in 2023.

In 2018, Chinese Taipei exported $2.13B to Turkey. The main products exported from Chinese Taipei to Turkey were Integrated Circuits ($275M), Metalworking Transfer Machines ($223M), and Broadcasting Equipment ($141M). During the last 5 years the exports of Chinese Taipei to Turkey have increased at an annualized rate of 3.74%, from $1.77B in 2023 to $2.13B in 2018.

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

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

Market Competitiveness

Color
Turkey
Top Destination
Germany$24.7B
Chinese Taipei
Top Destination
China$101B

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

In 2023, countries that imported more from Turkey than Chinese Taipei included United Arab Emirates ($14.7B), Iraq ($12.8B), and Russia ($10.8B).

In 2023, countries that imported more from Chinese Taipei than Turkey included China ($101B), United States ($85.6B), and Hong Kong ($66.1B).

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

Comparative Advantage Turkey - Chinese Taipei

Flow
Scale

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

During 2023, Turkey had a large net trade with Chinese Taipei in the exports of Machines ($73.8M), Textiles ($38.1M), and Transportation ($34.3M).

During 2018, Chinese Taipei had a large net trade with Turkey in the exports of Machines ($1.25B), Plastics and Rubbers ($294M), and Metals ($255M).

Economic Complexity

Competitive Landscape

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

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

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