2022
Flag
 GDP
$78.7BCURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 140 / 186
2022
Flag
GDP PC
$7,737CURRENT US$
Rnk 87 / 186
2012-2022
Flag
GDP PC GROWTH
3.21%CURRENT US$
Rnk 134 / 186

About

Chinese Taipei-Azerbaijan Trade: In 2022, Chinese Taipei exported $10.7M to Azerbaijan. The main products that Chinese Taipei exported to Azerbaijan were Broadcasting Equipment ($2.03M), Metal Lathes ($1.24M), and Blank Audio Media ($1.03M). Over the past 5 years the exports of Chinese Taipei to Azerbaijan have increased at an annualized rate of 232%, from $26.7k in 2017 to $10.7M in 2022.

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

Azerbaijan-Chinese Taipei Trade: In 2022, Azerbaijan exported $267M to Chinese Taipei. The main products that Azerbaijan exported to Chinese Taipei were Crude Petroleum ($209M), Fruit Juice ($11.9k), and Electric Motors ($2.16k). Over the past 5 years the exports of Azerbaijan to Chinese Taipei have increased at an annualized rate of 493%,  from $36.4k in 2017 to $267M in 2022.

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

Comparison: In 2022,  Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B). That same year, Azerbaijan ranked 83 in the Economic Complexity Index (ECI -0.44), and 65 in total exports ($38.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Chinese Taipei exported $10.7M to Azerbaijan. The main products exported from Chinese Taipei to Azerbaijan were Broadcasting Equipment ($2.03M), Metal Lathes ($1.24M), and Blank Audio Media ($1.03M). During the last 5 years the exports of Chinese Taipei to Azerbaijan have increased at an annualized rate of 232%, from $26.7k in 2017 to $10.7M in 2022.

In 2017, Azerbaijan exported $267M to Chinese Taipei. The main products exported from Azerbaijan to Chinese Taipei were Crude Petroleum ($209M), Fruit Juice ($11.9k), and Electric Motors ($2.16k). During the last 21 years the exports of Azerbaijan to Chinese Taipei have increased at an annualized rate of 493%, from $36.4k in 1996 to $267M in 2017.

Exports from Chinese Taipei (Flag) to Azerbaijan (Flag) (2022)

Exports from Azerbaijan (Flag) to Chinese Taipei (Flag) (2022)

Market Competitiveness

Color
Chinese Taipei
Top Destination
China$121B
Azerbaijan
Top Destination
Italy$18.3B

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

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

In 2022, countries that imported more from Azerbaijan than Chinese Taipei included Italy ($18.3B), Turkey ($3.57B), and Greece ($1.51B).

Difference in imports from Azerbaijan (Flag) and Chinese Taipei (Flag) (2022)

Comparative Advantage Chinese Taipei - Azerbaijan

Flow
Scale

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

During 2022, Chinese Taipei had a large net trade with Azerbaijan in the exports of Machines ($10.4M), Plastics and Rubbers ($2.13M), and Metals ($1.93M).

During 2017, Azerbaijan had a large net trade with Chinese Taipei in the exports of Mineral Products ($209M), Foodstuffs ($11.9k), and Machines ($3.49k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chinese Taipei Azerbaijan+N/AN/A
Top Product Potential Azerbaijan Chinese Taipei+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

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

Product Space of Chinese Taipei (Flag) and Azerbaijan (Flag) (2022)

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