Flag Chinese Taipei / Nepal Flag

2021
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Exports
: $17.1M, Rnk 117 / 213

2021
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Top Product
: $1.68M, Office Machine Parts

2021
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Exports
: $1.63M, Rnk 33 / 145

2021
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Top Product
: $440k, Perfume Plants

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

2021
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 GDP
: $36.3B, CURRENT US$
Rnk 93 / 182

2011-2021
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GDP GROWTH
: 68.2%, CURRENT US$
Rnk 31 / 182

2021
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GDP PC
: $1,223, CURRENT US$
Rnk 155 / 182

2011-2021
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GDP PC GROWTH
: 53.3%, CURRENT US$
Rnk 26 / 182

Chinese Taipei-Nepal In 2021, Chinese Taipei exported $17.1M to Nepal. The main products that Chinese Taipei exported to Nepal are Office Machine Parts ($1.68M), Ethylene Polymers ($1.18M), and Large Flat-Rolled Stainless Steel ($992k). During the last 24 years the exports of Chinese Taipei to Nepal have increased at an annualized rate of 6.92%, from $3.43M in 1997 to $17.1M in 2021.

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

Nepal-Chinese Taipei In 2021, Nepal exported $1.63M to Chinese Taipei. The main products that Nepal exported to Chinese Taipei were Perfume Plants ($440k), Bells and Other Metal Ornaments ($132k), and Percussion ($98.2k). During the last 24 years the exports of Nepal to Chinese Taipei have decreased at an annualized rate of 3.03%, from $3.4M in 1997 to $1.63M in 2021.

In 2021, Nepal 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, Nepal ranked 150 in total exports ($1.74B), and does not have data regarding Economic Complexity Index.

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, Chinese Taipei exported $17.1M to Nepal. The main products exported from Chinese Taipei to Nepal were Office Machine Parts ($1.68M), Ethylene Polymers ($1.18M), and Large Flat-Rolled Stainless Steel ($992k). During the last 24 years the exports of Chinese Taipei to Nepal have increased at an annualized rate of 6.92%, from $3.43M in 1997 to $17.1M in 2021.

In 2021, Nepal exported $1.63M to Chinese Taipei. The main products exported from Nepal to Chinese Taipei were Perfume Plants ($440k), Bells and Other Metal Ornaments ($132k), and Percussion ($98.2k). During the last 24 years the exports of Nepal to Chinese Taipei have decreased at an annualized rate of 3.03%, from $3.4M in 1997 to $1.63M in 2021.

Market Competitiveness

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Color

Chinese Taipei
Top Destination
: China, $126B

Nepal
Top Destination
: India, $1.34B

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

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

In 2021, countries that imported more from Nepal than Chinese Taipei were Bhutan ($6.5M) and Saint Helena ($2.06k).

Comparative Advantage Chinese Taipei - Nepal

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Flow
Scale

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

During 2021, Chinese Taipei had a large net trade with Nepal in the exports of Machines ($5.64M), Plastics and Rubbers ($2.87M), and Metals ($2.14M).

During 2021, Nepal had a large net trade with Chinese Taipei in the exports of Vegetable Products ($506k), Textiles ($371k), and Instruments ($194k).

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 yellow.  This mean that the more blue a dot/product is, the more Chinese Taipei has comparative advantage over Nepal. Similarly, the more yellow a dot/product is, the more Nepal has comparative advantage over Chinese Taipei.