Chinese Taipei (TWN) and Palestine (PSE) Trade | The Observatory of Economic Complexity

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Chinese Taipei-Palestine Trade: In 2022, Chinese Taipei exported $18.7M to Palestine. The main products that Chinese Taipei exported to Palestine were Telephones ($3.74M), Broadcasting Equipment ($3.32M), and Electrical Lighting and Signalling Equipment ($1.86M). Over the past 5 years the exports of Chinese Taipei to Palestine have increased at an annualized rate of 20.3%, from $7.43M in 2017 to $18.7M in 2022.

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

Palestine-Chinese Taipei Trade: In 2022, Palestine exported $34 to Chinese Taipei. The main products that Palestine exported to Chinese Taipei were Pens ($34). Over the past 5 years the exports of Palestine to Chinese Taipei have decreased at an annualized rate of 48%, from $3.32k in 2017 to $34 in 2022.

In 2022, Palestine 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, Palestine ranked 150 in total exports ($1.61B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Chinese Taipei exported $18.7M to Palestine. The main products exported from Chinese Taipei to Palestine were Telephones ($3.74M), Broadcasting Equipment ($3.32M), and Electrical Lighting and Signalling Equipment ($1.86M). During the last 5 years the exports of Chinese Taipei to Palestine have increased at an annualized rate of 20.3%, from $7.43M in 2017 to $18.7M in 2022.

In 2017, Palestine exported $34 to Chinese Taipei. The main products exported from Palestine to Chinese Taipei were Pens ($34). During the last 5 years the exports of Palestine to Chinese Taipei have decreased at an annualized rate of 48%, from $3.32k in 2022 to $34 in 2017.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Chinese Taipei
Top DestinationChina$121B

Palestine
Top DestinationIsrael$1.3B

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

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

In 2022, countries that imported more from Palestine than Chinese Taipei included Israel ($1.3B).

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

Comparative Advantage Chinese Taipei - Palestine

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Chinese Taipei had a large net trade with Palestine in the exports of Machines ($10.8M), Foodstuffs ($2.59M), and Metals ($1.34M).

During 2017, Palestine had a large net trade with Chinese Taipei in the exports of Miscellaneous ($34).

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 Palestine. This means that a dot/product with the flag of Chinese Taipei indicates it has a comparative advantage over Palestine. Similarly, a dot/product with the flag of Palestine indicates it has a comparative advantage over Chinese Taipei.

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Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

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

Comparative Advantage Chinese Taipei - Palestine

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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