2022
Flag
 GDP
$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH
56.7%CURRENT US$
Rnk 45 / 186
2022
Flag
GDP PC
$76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH
47.5%CURRENT US$
Rnk 39 / 186

About

Chinese Taipei-United States Trade: In 2022, Chinese Taipei exported $82.6B to United States. The main products that Chinese Taipei exported to United States were Computers ($10B), Office Machine Parts ($9.32B), and Broadcasting Equipment ($5.52B). Over the past 5 years the exports of Chinese Taipei to United States have increased at an annualized rate of 15.9%, from $39.5B in 2017 to $82.6B in 2022.

In 2022, Chinese Taipei did not export any services to United States.

United States-Chinese Taipei Trade: In 2022, United States exported $41B to Chinese Taipei. The main products that United States exported to Chinese Taipei were Crude Petroleum ($5.99B), Integrated Circuits ($5.34B), and Machinery Having Individual Functions ($4.55B). Over the past 5 years the exports of United States to Chinese Taipei have increased at an annualized rate of 7.59%,  from $26.4B in 2017 to $41B in 2022.

In 2022, United States 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, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Chinese Taipei exported $82.6B to United States. The main products exported from Chinese Taipei to United States were Computers ($10B), Office Machine Parts ($9.32B), and Broadcasting Equipment ($5.52B). During the last 5 years the exports of Chinese Taipei to United States have increased at an annualized rate of 15.9%, from $39.5B in 2017 to $82.6B in 2022.

In 2017, United States exported $41B to Chinese Taipei. The main products exported from United States to Chinese Taipei were Crude Petroleum ($5.99B), Integrated Circuits ($5.34B), and Machinery Having Individual Functions ($4.55B). During the last 5 years the exports of United States to Chinese Taipei have increased at an annualized rate of 7.59%, from $26.4B in 2022 to $41B in 2017.

Exports from Chinese Taipei (Flag) to United States (Flag) (2022)

Exports from United States (Flag) to Chinese Taipei (Flag) (2022)

Market Competitiveness

Color
Chinese Taipei
Top Destination
China$121B
United States
Top Destination
Canada$308B

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

In 2022, countries that imported more from Chinese Taipei than United States included Hong Kong ($65.8B), Vietnam ($15.7B), and Cambodia ($981M).

In 2022, countries that imported more from United States than Chinese Taipei included Canada ($308B), Mexico ($294B), and United Kingdom ($75.4B).

Difference in imports from United States (Flag) and Chinese Taipei (Flag) (2022)

Comparative Advantage Chinese Taipei - United States

Flow
Scale

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

During 2022, Chinese Taipei had a large net trade with United States in the exports of Machines ($50.8B), Metals ($9.27B), and Transportation ($5.83B).

During 2017, United States had a large net trade with Chinese Taipei in the exports of Machines ($14.9B), Mineral Products ($7.81B), and Chemical Products ($4.08B).

Economic Complexity

Competitive Landscape

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

Product Space of Chinese Taipei (Flag) and United States (Flag) (2022)

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