2023
Flag
 GDP
$1.12TCURRENT US$
Rnk 18 / 195
2013-2023
Flag
GDP GROWTH
16.8%CURRENT US$
Rnk 149 / 195
2023
Flag
GDP PC
$13,106CURRENT US$
Rnk 77 / 196
2013-2023
Flag
GDP PC GROWTH
4.19%CURRENT US$
Rnk 147 / 195

About

Chinese Taipei-Turkey Trade: In 2023, Chinese Taipei exported $2.13B to Turkey. The main products that Chinese Taipei exported to Turkey were Integrated Circuits ($275M), Metalworking Transfer Machines ($223M), and Broadcasting Equipment ($141M). Over the past 5 years the exports of Chinese Taipei to Turkey have increased at an annualized rate of 3.74%, from $1.77B in 2018 to $2.13B in 2023.

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

Turkey-Chinese Taipei Trade: In 2023, Turkey exported $317M to Chinese Taipei. The main products that Turkey exported to Chinese Taipei were Gas Turbines ($39.2M), Cars ($26.5M), and Particle Board ($14.8M). Over the past 5 years the exports of Turkey to Chinese Taipei have decreased at an annualized rate of 2.99%,  from $369M in 2018 to $317M in 2023.

In 2023, Turkey 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, Turkey ranked 41 in the Economic Complexity Index (ECI 0.62), and 28 in total exports ($272B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Chinese Taipei exported $2.13B to Turkey. The main products exported from Chinese Taipei to Turkey were Integrated Circuits ($275M), Metalworking Transfer Machines ($223M), and Broadcasting Equipment ($141M). During the last 5 years the exports of Chinese Taipei to Turkey have increased at an annualized rate of 3.74%, from $1.77B in 2018 to $2.13B in 2023.

In 2018, Turkey exported $317M to Chinese Taipei. The main products exported from Turkey to Chinese Taipei were Gas Turbines ($39.2M), Cars ($26.5M), and Particle Board ($14.8M). During the last 5 years the exports of Turkey to Chinese Taipei have decreased at an annualized rate of 2.99%, from $369M in 2023 to $317M in 2018.

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

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

Market Competitiveness

Color
Chinese Taipei
Top Destination
China$101B
Turkey
Top Destination
Germany$24.7B

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

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

In 2023, countries that imported more from Turkey than Chinese Taipei included United Arab Emirates ($14.7B), Iraq ($12.8B), and Russia ($10.8B).

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

Comparative Advantage Chinese Taipei - Turkey

Flow
Scale

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

During 2023, Chinese Taipei had a large net trade with Turkey in the exports of Machines ($1.25B), Plastics and Rubbers ($294M), and Metals ($255M).

During 2018, Turkey had a large net trade with Chinese Taipei in the exports of Machines ($73.8M), Textiles ($38.1M), and Transportation ($34.3M).

Economic Complexity

Competitive Landscape

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

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

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