Flag Chinese Taipei / Colombia Flag

2021
FlagFlag
Exports
: $475M, Rnk 44 / 213

2021
FlagFlag
Top Product
: $30.3M, Large Flat-Rolled Stainless Steel

2021
FlagFlag
Exports
: $97.6M, Rnk 47 / 184

2021
FlagFlag
Top Product
: $30.9M, Coal Briquettes

2021
Flag
Economic Complexity (ECI)
: ECI 1.93, Rnk 3 / 131

2021
Flag
Economic Complexity (ECI)
: ECI 0.14, Rnk 56 / 131

2021
Flag
 GDP
: $314B, CURRENT US$
Rnk 42 / 182

2011-2021
Flag
GDP GROWTH
: -6.16%, CURRENT US$
Rnk 160 / 182

2021
Flag
GDP PC
: $6,131, CURRENT US$
Rnk 90 / 182

2011-2021
Flag
GDP PC GROWTH
: -16.4%, CURRENT US$
Rnk 157 / 182

Chinese Taipei-Colombia In 2021, Chinese Taipei exported $475M to Colombia. The main products that Chinese Taipei exported to Colombia are Large Flat-Rolled Stainless Steel ($30.3M), Polyacetals ($28.6M), and Broadcasting Equipment ($24.3M). During the last 26 years the exports of Chinese Taipei to Colombia have increased at an annualized rate of 5.23%, from $126M in 1995 to $475M in 2021.

In 2021, Chinese Taipei did not export any services to Colombia.

Colombia-Chinese Taipei In 2021, Colombia exported $97.6M to Chinese Taipei. The main products that Colombia exported to Chinese Taipei were Coal Briquettes ($30.9M), Coffee ($23.7M), and Ferroalloys ($17.6M). During the last 26 years the exports of Colombia to Chinese Taipei have increased at an annualized rate of 5.52%, from $24.1M in 1995 to $97.6M in 2021.

In 2021, Colombia did not export any services to Chinese Taipei.

Comparison In 2021,  Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.93), and 11 in total exports ($478B). That same year, Colombia ranked 56 in the Economic Complexity Index (ECI 0.14), and 60 in total exports ($42.5B).

Historical Data

#permalink to section

Bilateral Trade by Products

#permalink to section
Depth
Value

In 2021, Chinese Taipei exported $475M to Colombia. The main products exported from Chinese Taipei to Colombia were Large Flat-Rolled Stainless Steel ($30.3M), Polyacetals ($28.6M), and Broadcasting Equipment ($24.3M). During the last 26 years the exports of Chinese Taipei to Colombia have increased at an annualized rate of 5.23%, from $126M in 1995 to $475M in 2021.

In 2021, Colombia exported $97.6M to Chinese Taipei. The main products exported from Colombia to Chinese Taipei were Coal Briquettes ($30.9M), Coffee ($23.7M), and Ferroalloys ($17.6M). During the last 26 years the exports of Colombia to Chinese Taipei have increased at an annualized rate of 5.52%, from $24.1M in 1995 to $97.6M in 2021.

Colombia Exports

#permalink to section

Market Competitiveness

#permalink to section
Color

Chinese Taipei
Top Destination
: China, $126B

Colombia
Top Destination
: United States, $11.7B

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

In 2021, countries that imported more from Chinese Taipei than Colombia were China ($126B), Hong Kong ($63.6B), and United States ($70.9B).

In 2021, countries that imported more from Colombia than Chinese Taipei were Panama ($2.4B), Ecuador ($1.79B), and Chile ($1.14B).

Comparative Advantage Chinese Taipei - Colombia

#permalink to section
Flow
Scale

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

During 2021, Chinese Taipei had a large net trade with Colombia in the exports of Machines ($142M), Plastics and Rubbers ($111M), and Metals ($65M).

During 2021, Colombia had a large net trade with Chinese Taipei in the exports of Metals ($34.9M), Mineral Products ($31.7M), and Vegetable Products ($25M).

Economic Complexity

#permalink to section

Competitive Landscape

#permalink to section

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Chinese Taipei has comparative advantage over Colombia. Similarly, the more yellow a dot/product is, the more Colombia has comparative advantage over Chinese Taipei.