Chinese Taipei (TWN) and Colombia (COL) Trade | The Observatory of Economic Complexity

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Chinese Taipei-Colombia Trade: In 2022, Chinese Taipei exported $483M to Colombia. The main products that Chinese Taipei exported to Colombia were Large Flat-Rolled Stainless Steel ($34.4M), Broadcasting Equipment ($32.1M), and Polyacetals ($27.1M). Over the past 5 years the exports of Chinese Taipei to Colombia have increased at an annualized rate of 4.18%, from $394M in 2017 to $483M in 2022.

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

Colombia-Chinese Taipei Trade: In 2022, Colombia exported $157M to Chinese Taipei. The main products that Colombia exported to Chinese Taipei were Coal Briquettes ($84.4M), Coffee ($33.8M), and Ferroalloys ($17.3M). Over the past 5 years the exports of Colombia to Chinese Taipei have increased at an annualized rate of 11%, from $93M in 2017 to $157M in 2022.

In 2022, Colombia 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, Colombia ranked 58 in the Economic Complexity Index (ECI 0.11), and 53 in total exports ($60.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Chinese Taipei exported $483M to Colombia. The main products exported from Chinese Taipei to Colombia were Large Flat-Rolled Stainless Steel ($34.4M), Broadcasting Equipment ($32.1M), and Polyacetals ($27.1M). During the last 5 years the exports of Chinese Taipei to Colombia have increased at an annualized rate of 4.18%, from $394M in 2017 to $483M in 2022.

In 2017, Colombia exported $157M to Chinese Taipei. The main products exported from Colombia to Chinese Taipei were Coal Briquettes ($84.4M), Coffee ($33.8M), and Ferroalloys ($17.3M). During the last 5 years the exports of Colombia to Chinese Taipei have increased at an annualized rate of 11%, from $93M in 2022 to $157M in 2017.

Exports from Chinese Taipei () to Colombia () (2022)

Exports from Colombia () to Chinese Taipei () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Chinese Taipei
Top DestinationChina$121B

Colombia
Top DestinationUnited States$15.6B

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

In 2022, countries that imported more from Colombia than Chinese Taipei included Panama ($5.84B), Ecuador ($1.89B), and Chile ($1.63B).

Difference in imports from Colombia () and Chinese Taipei () (2022)

Comparative Advantage Chinese Taipei - Colombia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Chinese Taipei had a large net trade with Colombia in the exports of Machines ($157M), Plastics and Rubbers ($98.9M), and Metals ($73.7M).

During 2017, Colombia had a large net trade with Chinese Taipei in the exports of Mineral Products ($85.4M), Vegetable Products ($35.5M), and Metals ($27.7M).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Chinese Taipei () to Colombia () (2022)

Exports from Colombia () to Chinese Taipei () (2022)

Market Competitiveness

Difference in imports from Colombia () and Chinese Taipei () (2022)

Comparative Advantage Chinese Taipei - Colombia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Chinese Taipei () and Colombia () (2022)

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