2023
Flag
 GDP
$585BCURRENT US$
Rnk 24 / 195
2013-2023
Flag
GDP GROWTH
0.14%CURRENT US$
Rnk 170 / 195
2023
Flag
GDP PC
$55,517CURRENT US$
Rnk 19 / 196
2013-2023
Flag
GDP PC GROWTH
-8.76%CURRENT US$
Rnk 165 / 195

About

Chinese Taipei-Sweden Trade: In 2023, Chinese Taipei exported $955M to Sweden. The main products that Chinese Taipei exported to Sweden were Integrated Circuits ($193M), Iron Fasteners ($97.4M), and Broadcasting Equipment ($88.6M). Over the past 5 years the exports of Chinese Taipei to Sweden have increased at an annualized rate of 5%, from $748M in 2018 to $955M in 2023.

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

Sweden-Chinese Taipei Trade: In 2023, Sweden exported $941M to Chinese Taipei. The main products that Sweden exported to Chinese Taipei were Cars ($231M), Packaged Medicaments ($85.9M), and Motor vehicles; parts and accessories (8701 to 8705) ($67.6M). Over the past 5 years the exports of Sweden to Chinese Taipei have increased at an annualized rate of 5.43%,  from $722M in 2018 to $941M in 2023.

In 2023, Sweden 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, Sweden ranked 9 in the Economic Complexity Index (ECI 1.53), and 32 in total exports ($188B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Chinese Taipei exported $955M to Sweden. The main products exported from Chinese Taipei to Sweden were Integrated Circuits ($193M), Iron Fasteners ($97.4M), and Broadcasting Equipment ($88.6M). During the last 5 years the exports of Chinese Taipei to Sweden have increased at an annualized rate of 5%, from $748M in 2018 to $955M in 2023.

In 2018, Sweden exported $941M to Chinese Taipei. The main products exported from Sweden to Chinese Taipei were Cars ($231M), Packaged Medicaments ($85.9M), and Motor vehicles; parts and accessories (8701 to 8705) ($67.6M). During the last 5 years the exports of Sweden to Chinese Taipei have increased at an annualized rate of 5.43%, from $722M in 2023 to $941M in 2018.

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

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

Market Competitiveness

Color
Chinese Taipei
Top Destination
China$101B
Sweden
Top Destination
Germany$18.4B

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

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

In 2023, countries that imported more from Sweden than Chinese Taipei included Denmark ($14.4B), Norway ($10.9B), and Finland ($9.41B).

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

Comparative Advantage Chinese Taipei - Sweden

Flow
Scale

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

During 2023, Chinese Taipei had a large net trade with Sweden in the exports of Machines ($508M), Metals ($233M), and Instruments ($55.5M).

During 2018, Sweden had a large net trade with Chinese Taipei in the exports of Transportation ($394M), Machines ($207M), and Chemical Products ($106M).

Economic Complexity

Competitive Landscape

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

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

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