2023
Flag
 GDP
$363BCURRENT US$
Rnk 42 / 195
2013-2023
Flag
GDP GROWTH
-4.87%CURRENT US$
Rnk 176 / 195
2023
Flag
GDP PC
$6,947CURRENT US$
Rnk 104 / 196
2013-2023
Flag
GDP PC GROWTH
-16.1%CURRENT US$
Rnk 173 / 195

About

Chinese Taipei-Colombia Trade: In 2023, Chinese Taipei exported $376M to Colombia. The main products that Chinese Taipei exported to Colombia were Broadcasting Equipment ($54.5M), Polyacetals ($14.1M), and Styrene Polymers ($13.1M). Over the past 5 years the exports of Chinese Taipei to Colombia have decreased at an annualized rate of 2.45%, from $425M in 2018 to $376M in 2023.

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

Colombia-Chinese Taipei Trade: In 2023, Colombia exported $223M to Chinese Taipei. The main products that Colombia exported to Chinese Taipei were Coal Briquettes ($175M), Coffee ($27.4M), and Ferroalloys ($7.18M). Over the past 5 years the exports of Colombia to Chinese Taipei have increased at an annualized rate of 11.8%,  from $114M in 2018 to $223M in 2023.

In 2023, Colombia 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, Colombia ranked 51 in the Economic Complexity Index (ECI 0.23), and 54 in total exports ($54.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Chinese Taipei exported $376M to Colombia. The main products exported from Chinese Taipei to Colombia were Broadcasting Equipment ($54.5M), Polyacetals ($14.1M), and Styrene Polymers ($13.1M). During the last 5 years the exports of Chinese Taipei to Colombia have decreased at an annualized rate of 2.45%, from $425M in 2018 to $376M in 2023.

In 2018, Colombia exported $223M to Chinese Taipei. The main products exported from Colombia to Chinese Taipei were Coal Briquettes ($175M), Coffee ($27.4M), and Ferroalloys ($7.18M). During the last 5 years the exports of Colombia to Chinese Taipei have increased at an annualized rate of 11.8%, from $114M in 2023 to $223M in 2018.

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

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

Market Competitiveness

Color
Chinese Taipei
Top Destination
China$101B
Colombia
Top Destination
United States$14.8B

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

In 2023, countries that imported more from Colombia than Chinese Taipei included Panama ($4.66B), Ecuador ($2.19B), and Chile ($1.16B).

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

Comparative Advantage Chinese Taipei - Colombia

Flow
Scale

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

During 2023, Chinese Taipei had a large net trade with Colombia in the exports of Machines ($156M), Plastics and Rubbers ($66.8M), and Chemical Products ($41M).

During 2018, Colombia had a large net trade with Chinese Taipei in the exports of Mineral Products ($176M), Vegetable Products ($29.4M), and Metals ($10M).

Economic Complexity

Competitive Landscape

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.

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

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