2023
Flag
 GDP
$515BCURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP GROWTH
22.5%CURRENT US$
Rnk 133 / 195
2023
Flag
GDP PC
$7,182CURRENT US$
Rnk 102 / 196
2013-2023
Flag
GDP PC GROWTH
19.3%CURRENT US$
Rnk 103 / 195

About

Chinese Taipei-Thailand Trade: In 2023, Chinese Taipei exported $14.9B to Thailand. The main products that Chinese Taipei exported to Thailand were Integrated Circuits ($6.9B), Computers ($1.94B), and Office Machine Parts ($773M). Over the past 5 years the exports of Chinese Taipei to Thailand have increased at an annualized rate of 11.4%, from $8.66B in 2018 to $14.9B in 2023.

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

Thailand-Chinese Taipei Trade: In 2023, Thailand exported $5.42B to Chinese Taipei. The main products that Thailand exported to Chinese Taipei were N/A. Over the past 5 years the exports of Thailand to Chinese Taipei have increased at an annualized rate of 3.38%,  from $4.59B in 2018 to $5.42B in 2023.

In 2023, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 25 in total exports ($332B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Chinese Taipei exported $14.9B to Thailand. The main products exported from Chinese Taipei to Thailand were Integrated Circuits ($6.9B), Computers ($1.94B), and Office Machine Parts ($773M). During the last 5 years the exports of Chinese Taipei to Thailand have increased at an annualized rate of 11.4%, from $8.66B in 2018 to $14.9B in 2023.

In 2018, Thailand exported $5.42B to Chinese Taipei. There were not main exports from Thailand to Chinese Taipei in 2018. During the last 5 years the exports of Thailand to Chinese Taipei have increased at an annualized rate of 3.38%, from $4.59B in 2023 to $5.42B in 2018.

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

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

Market Competitiveness

Color
Chinese Taipei
Top Destination
China$101B
Thailand
Top Destination
United States$58.5B

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

In 2023, countries that imported more from Chinese Taipei than Thailand included China ($101B), Hong Kong ($66.1B), and Singapore ($47B).

In 2023, countries that imported more from Thailand than Chinese Taipei included Australia ($13.5B), Indonesia ($10.4B), and Cambodia ($6.19B).

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

Comparative Advantage Chinese Taipei - Thailand

Flow
Scale

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

During 2023, Chinese Taipei had a large net trade with Thailand in the exports of Machines ($11.8B), Metals ($1.05B), and Plastics and Rubbers ($580M).

During 2018, Thailand had a large net trade with Chinese Taipei in the exports of Machines ($2.67B), Foodstuffs ($467M), and Transportation ($437M).

Economic Complexity

Competitive Landscape

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

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

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