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2023
Flag → Flag
Exports $4.64MRnk 162 / 212
2023
Flag → Flag
Top Product $755kOther Plastic Products
2023
Flag → Flag
Exports $3.34MRnk 52 / 133
2023
Flag → Flag
Top Product $1.39MNon-Knit Women's Coats
2023
Flag
Economic Complexity (ECI) ECI 2Rnk 2 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.094Rnk 57 / 132
2023
Flag
 GDP$24.1BCURRENT US$
Rnk 114 / 195
2013-2023
Flag
GDP GROWTH117%CURRENT US$
Rnk 9 / 195
2023
Flag
GDP PC$8,053CURRENT US$
Rnk 96 / 196
2013-2023
Flag
GDP PC GROWTH119%CURRENT US$
Rnk 4 / 195

About

Chinese Taipei-Armenia Trade: In 2023, Chinese Taipei exported $4.64M to Armenia. The main products that Chinese Taipei exported to Armenia were Other Plastic Products ($755k), Office Machine Parts ($530k), and Blank Audio Media ($517k). Over the past 5 years the exports of Chinese Taipei to Armenia have increased at an annualized rate of 16.1%, from $2.21M in 2018 to $4.64M in 2023.

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

Armenia-Chinese Taipei Trade: In 2023, Armenia exported $3.34M to Chinese Taipei. The main products that Armenia exported to Chinese Taipei were Non-Knit Women's Coats ($1.39M), Non-Knit Men's Coats ($904k), and Ferroalloys ($643k). Over the past 5 years the exports of Armenia to Chinese Taipei have increased at an annualized rate of 19.3%,  from $1.38M in 2018 to $3.34M in 2023.

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

Comparison: In 2023,  Chinese Taipei ranked 2 in the Economic Complexity Index (ECI 2), and 11 in total exports ($509B). That same year, Armenia ranked 57 in the Economic Complexity Index (ECI 0.094), and 107 in total exports ($9.02B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Chinese Taipei exported $4.64M to Armenia. The main products exported from Chinese Taipei to Armenia were Other Plastic Products ($755k), Office Machine Parts ($530k), and Blank Audio Media ($517k). During the last 5 years the exports of Chinese Taipei to Armenia have increased at an annualized rate of 16.1%, from $2.21M in 2018 to $4.64M in 2023.

In 2018, Armenia exported $3.34M to Chinese Taipei. The main products exported from Armenia to Chinese Taipei were Non-Knit Women's Coats ($1.39M), Non-Knit Men's Coats ($904k), and Ferroalloys ($643k). During the last 5 years the exports of Armenia to Chinese Taipei have increased at an annualized rate of 19.3%, from $1.38M in 2023 to $3.34M in 2018.

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

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

Market Competitiveness

Color
Chinese Taipei
Top DestinationChina$101B
Armenia
Top DestinationRussia$3.38B

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

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

In 2023, countries that imported more from Armenia than Chinese Taipei included Russia ($3.38B), Georgia ($340M), and United Arab Emirates ($2.25B).

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

Comparative Advantage Chinese Taipei - Armenia

Flow
Scale

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

During 2023, Chinese Taipei had a large net trade with Armenia in the exports of Machines ($2.11M), Plastics and Rubbers ($926k), and Chemical Products ($513k).

During 2018, Armenia had a large net trade with Chinese Taipei in the exports of Textiles ($2.39M), Metals ($643k), and Foodstuffs ($119k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Chinese Taipei and Armenia. This means that a dot/product with the flag of Chinese Taipei indicates it has a comparative advantage over Armenia. Similarly, a dot/product with the flag of Armenia indicates it has a comparative advantage over Chinese Taipei.

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

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