2023
Flag
 GDP
$1.07TCURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP GROWTH
41.6%CURRENT US$
Rnk 90 / 195
2023
Flag
GDP PC
$32,094CURRENT US$
Rnk 44 / 196
2013-2023
Flag
GDP PC GROWTH
17.6%CURRENT US$
Rnk 109 / 195

About

Chinese Taipei-Saudi Arabia Trade: In 2023, Chinese Taipei exported $1.42B to Saudi Arabia. The main products that Chinese Taipei exported to Saudi Arabia were Cars ($439M), Broadcasting Equipment ($96.2M), and Polycarboxylic Acids ($79.8M). Over the past 5 years the exports of Chinese Taipei to Saudi Arabia have increased at an annualized rate of 5.33%, from $1.09B in 2018 to $1.42B in 2023.

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

Saudi Arabia-Chinese Taipei Trade: In 2023, Saudi Arabia exported $9.17B to Chinese Taipei. The main products that Saudi Arabia exported to Chinese Taipei were Crude Petroleum ($8.14B), Petroleum Gas ($168M), and Ammonia ($115M). Over the past 5 years the exports of Saudi Arabia to Chinese Taipei have increased at an annualized rate of 1.1%,  from $8.68B in 2018 to $9.17B in 2023.

In 2023, Saudi Arabia 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, Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Chinese Taipei exported $1.42B to Saudi Arabia. The main products exported from Chinese Taipei to Saudi Arabia were Cars ($439M), Broadcasting Equipment ($96.2M), and Polycarboxylic Acids ($79.8M). During the last 5 years the exports of Chinese Taipei to Saudi Arabia have increased at an annualized rate of 5.33%, from $1.09B in 2018 to $1.42B in 2023.

In 2018, Saudi Arabia exported $9.17B to Chinese Taipei. The main products exported from Saudi Arabia to Chinese Taipei were Crude Petroleum ($8.14B), Petroleum Gas ($168M), and Ammonia ($115M). During the last 5 years the exports of Saudi Arabia to Chinese Taipei have increased at an annualized rate of 1.1%, from $8.68B in 2023 to $9.17B in 2018.

Exports from Chinese Taipei (Flag) to Saudi Arabia (Flag) (2023)

Exports from Saudi Arabia (Flag) to Chinese Taipei (Flag) (2023)

Market Competitiveness

Color
Chinese Taipei
Top Destination
China$101B
Saudi Arabia
Top Destination
China$64.4B

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

In 2023, countries that imported more from Chinese Taipei than Saudi Arabia included United States ($85.6B), Hong Kong ($66.1B), and Singapore ($47B).

In 2023, countries that imported more from Saudi Arabia than Chinese Taipei included India ($34.8B), United Arab Emirates ($11.5B), and Poland ($7.64B).

Difference in imports from Saudi Arabia (Flag) and Chinese Taipei (Flag) (2023)

Comparative Advantage Chinese Taipei - Saudi Arabia

Flow
Scale

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

During 2023, Chinese Taipei had a large net trade with Saudi Arabia in the exports of Transportation ($501M), Machines ($318M), and Metals ($198M).

During 2018, Saudi Arabia had a large net trade with Chinese Taipei in the exports of Mineral Products ($8.36B), Chemical Products ($444M), and Metals ($215M).

Economic Complexity

Competitive Landscape

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

Product Space of Chinese Taipei (Flag) and Saudi Arabia (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with