2022
Flag
 GDP
$1.11TCURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP GROWTH
49.4%CURRENT US$
Rnk 62 / 186
2022
Flag
GDP PC
$30,436CURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP PC GROWTH
26.5%CURRENT US$
Rnk 71 / 186

About

Chinese Taipei-Saudi Arabia Trade: In 2022, Chinese Taipei exported $1.04B to Saudi Arabia. The main products that Chinese Taipei exported to Saudi Arabia were Cars ($277M), Hot-Rolled Iron ($124M), and Motor vehicles; parts and accessories (8701 to 8705) ($48.9M). Over the past 5 years the exports of Chinese Taipei to Saudi Arabia have decreased at an annualized rate of 3.43%, from $1.24B in 2017 to $1.04B in 2022.

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

Saudi Arabia-Chinese Taipei Trade: In 2022, Saudi Arabia exported $11.5B to Chinese Taipei. The main products that Saudi Arabia exported to Chinese Taipei were Crude Petroleum ($10.2B), Ammonia ($234M), and Acyclic Alcohols ($172M). Over the past 5 years the exports of Saudi Arabia to Chinese Taipei have increased at an annualized rate of 11%,  from $6.84B in 2017 to $11.5B in 2022.

In 2022, Saudi Arabia 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, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Chinese Taipei exported $1.04B to Saudi Arabia. The main products exported from Chinese Taipei to Saudi Arabia were Cars ($277M), Hot-Rolled Iron ($124M), and Motor vehicles; parts and accessories (8701 to 8705) ($48.9M). During the last 5 years the exports of Chinese Taipei to Saudi Arabia have decreased at an annualized rate of 3.43%, from $1.24B in 2017 to $1.04B in 2022.

In 2017, Saudi Arabia exported $11.5B to Chinese Taipei. The main products exported from Saudi Arabia to Chinese Taipei were Crude Petroleum ($10.2B), Ammonia ($234M), and Acyclic Alcohols ($172M). During the last 5 years the exports of Saudi Arabia to Chinese Taipei have increased at an annualized rate of 11%, from $6.84B in 2022 to $11.5B in 2017.

Exports from Chinese Taipei (Flag) to Saudi Arabia (Flag) (2022)

Exports from Saudi Arabia (Flag) to Chinese Taipei (Flag) (2022)

Market Competitiveness

Color
Chinese Taipei
Top Destination
China$121B
Saudi Arabia
Top Destination
China$68B

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

In 2022, countries that imported more from Saudi Arabia than Chinese Taipei included India ($46.2B), South Korea ($36B), and United Arab Emirates ($8.82B).

Difference in imports from Saudi Arabia (Flag) and Chinese Taipei (Flag) (2022)

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 2022, Chinese Taipei had a large net trade with Saudi Arabia in the exports of Transportation ($329M), Metals ($269M), and Machines ($167M).

During 2017, Saudi Arabia had a large net trade with Chinese Taipei in the exports of Mineral Products ($10.5B), Chemical Products ($653M), and Plastics and Rubbers ($214M).

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) (2022)

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