Flag Taiwan / China Flag

Economic Complexity of Flag (2018): ECI 0.89, Rnk 30 / 137

GDP Flag (2018): $13.6T, CURRENT US$
Rnk 2 / 196

GDP GROWTH Flag (2008-2018): 196%, CURRENT US$
Rnk 6 / 196

GDP PC Flag (2018): $9,771, CURRENT US$
Rnk 78 / 196

GDP PC GROWTH Flag (2008-2018): 182%, CURRENT US$
Rnk 3 / 196

Taiwan-China: Taiwan does not register exports to China.

China-Taiwan: China does not register exports to Taiwan.

Comparison: In 2018, Taiwan ranked undefined in total exports (undefined), and does not have data regarding Economic Complexity Index. That same year, China ranked 30 in the Economic Complexity Index (ECI 0.89), and undefined in total exports (undefined). In terms of GDP Per Capita, China was ranked 78 with a GDP Per Capita of $9,771, while Taiwan has no data regarding GDP Per Capita in 2018.

Market Competitiveness

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Measure

Taiwan
Top Destination
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China
Top Destination
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This map shows whether countries import more from Taiwan or China. Each country is colored based on the difference in imports they receive from Taiwan and China or the difference in the growth in imports.

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Tariff Section

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This sections shows import tariffs for products traded between Taiwan and China (using the HS6 product classification and the last year reported).

In 2018, the products from Taiwan that paid the highest import tariffs to enter China were Ground-nut oil, crude (338%) and Refined ground-nut oil not chemically modified (338%).

In 2018, the products from China that paid the highest import tariffs to enter Taiwan were Vermouth and other flavoured grape wines - pack < 2l (65%) and Vermouth and other flavoured grape wines - pack > 2l (65%).

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*The tariffs present between Taiwan and China are:
136: Most Favoured Nation duty rate treatement
184: Preferential tariff for China

Trade Forecasts

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This section shows a forecast for total trade between Taiwan and China. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

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Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Taiwan has comparative advantage over China. Similarly, the more red a dot/product is, the more China has comparative advantage over Taiwan.