2023
Flag
 GDP
$81.3BCURRENT US$
Rnk 77 / 195
2013-2023
Flag
GDP GROWTH
61.2%CURRENT US$
Rnk 53 / 195
2023
Flag
GDP PC
$12,282CURRENT US$
Rnk 82 / 196
2013-2023
Flag
GDP PC GROWTH
74.4%CURRENT US$
Rnk 20 / 195

About

Chinese Taipei-Serbia Trade: In 2023, Chinese Taipei exported $86.2M to Serbia. The main products that Chinese Taipei exported to Serbia were Office Machine Parts ($8.21M), Iron Fasteners ($5.09M), and Broadcasting Equipment ($4.64M). Over the past 5 years the exports of Chinese Taipei to Serbia have increased at an annualized rate of 1.3%, from $80.8M in 2018 to $86.2M in 2023.

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

Serbia-Chinese Taipei Trade: In 2023, Serbia exported $14M to Chinese Taipei. The main products that Serbia exported to Chinese Taipei were Cleaning Products ($2.17M), Copper Ore ($2.03M), and Interior Decorative Glassware ($1.31M). Over the past 5 years the exports of Serbia to Chinese Taipei have increased at an annualized rate of 3.91%,  from $11.6M in 2018 to $14M in 2023.

In 2023, Serbia 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, Serbia ranked 35 in the Economic Complexity Index (ECI 0.76), and 69 in total exports ($32.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Chinese Taipei exported $86.2M to Serbia. The main products exported from Chinese Taipei to Serbia were Office Machine Parts ($8.21M), Iron Fasteners ($5.09M), and Broadcasting Equipment ($4.64M). During the last 5 years the exports of Chinese Taipei to Serbia have increased at an annualized rate of 1.3%, from $80.8M in 2018 to $86.2M in 2023.

In 2018, Serbia exported $14M to Chinese Taipei. The main products exported from Serbia to Chinese Taipei were Cleaning Products ($2.17M), Copper Ore ($2.03M), and Interior Decorative Glassware ($1.31M). During the last 5 years the exports of Serbia to Chinese Taipei have increased at an annualized rate of 3.91%, from $11.6M in 2023 to $14M in 2018.

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

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

Market Competitiveness

Color
Chinese Taipei
Top Destination
China$101B
Serbia
Top Destination
Germany$4.76B

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

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

In 2023, countries that imported more from Serbia than Chinese Taipei included Bosnia and Herzegovina ($1.77B), Hungary ($2.26B), and Romania ($1.59B).

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

Comparative Advantage Chinese Taipei - Serbia

Flow
Scale

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

During 2023, Chinese Taipei had a large net trade with Serbia in the exports of Machines ($49.8M), Metals ($11.2M), and Plastics and Rubbers ($7.21M).

During 2018, Serbia had a large net trade with Chinese Taipei in the exports of Machines ($2.67M), Foodstuffs ($2.52M), and Chemical Products ($2.44M).

Economic Complexity

Competitive Landscape

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

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

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