Flag Chinese Taipei / United States Flag

2020
FlagFlag
Exports
: $54.8B, Rnk 2 / 211

2020
FlagFlag
Top Product
: $7.36B, Computers

2020
FlagFlag
Exports
: $28.9B, Rnk 10 / 218

2020
FlagFlag
Top Product
: $3.69B, Integrated Circuits

2020
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Economic Complexity (ECI)
: ECI 1.97, Rnk 3 / 127

2020
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Economic Complexity (ECI)
: ECI 1.56, Rnk 9 / 127

2020
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 GDP
: $21T, CURRENT US$
Rnk 1 / 195

2010-2020
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GDP GROWTH
: 39.8%, CURRENT US$
Rnk 78 / 195

2020
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GDP PC
: $63,593, CURRENT US$
Rnk 8 / 195

2010-2020
Flag
GDP PC GROWTH
: 31.2%, CURRENT US$
Rnk 57 / 195

Chinese Taipei-United States In 2020, Chinese Taipei exported $54.8B to United States. The main products that Chinese Taipei exported to United States are Computers ($7.36B), Office Machine Parts ($4.69B), and Broadcasting Equipment ($3.83B). During the last 25 years the exports of Chinese Taipei to United States have increased at an annualized rate of 2.53%, from $29.3B in 1995 to $54.8B in 2020.

In 2020, Chinese Taipei did not export any services to United States.

United States-Chinese Taipei In 2020, United States exported $28.9B to Chinese Taipei . The main products that United States exported to Chinese Taipei were Integrated Circuits ($3.69B), Crude Petroleum ($2.51B), and Photo Lab Equipment ($2.25B). During the last 25 years the exports of United States to Chinese Taipei have increased at an annualized rate of 1.73%, from $18.8B in 1995 to $28.9B in 2020.

In 2011, United States exported services to Chinese Taipei worth $9.36B, with Royalties and license fees ($5.14B), Transportation ($1.86B), and Travel ($1.84B) being the largest in terms of value.

Comparison In 2020,  Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.97), and 10 in total exports ($374B). That same year, United States ranked 9 in the Economic Complexity Index (ECI 1.56), and 2 in total exports ($1.34T).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2020, Chinese Taipei exported $54.8B to United States. The main products exported from Chinese Taipei to United States were Computers ($7.36B), Office Machine Parts ($4.69B), and Broadcasting Equipment ($3.83B). During the last 25 years the exports of Chinese Taipei to United States have increased at an annualized rate of 2.53%, from $29.3B in 1995 to $54.8B in 2020.

In 2020, United States exported $28.9B to Chinese Taipei. The main products exported from United States to Chinese Taipei were Integrated Circuits ($3.69B), Crude Petroleum ($2.51B), and Photo Lab Equipment ($2.25B). During the last 25 years the exports of United States to Chinese Taipei have increased at an annualized rate of 1.73%, from $18.8B in 1995 to $28.9B in 2020.

United States Exports

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Market Competitiveness

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Measure

Chinese Taipei
Top Destination
: China, $104B

United States
Top Destination
: Canada, $218B

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 2019, countries that imported more from Chinese Taipei than United States were Hong Kong ($50B), Vietnam ($11.5B), and Cambodia ($750M).

In 2019, countries that imported more from United States than Chinese Taipei were Canada ($218B), Mexico ($196B), and Germany ($59.2B).

Comparative Advantage Chinese Taipei - United States

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Flow

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

During 2020, Chinese Taipei had a large net trade with United States in the exports of Machines ($33B), Metals ($5.35B), and Transportation ($3.67B).

During 2020, United States had a large net trade with Chinese Taipei in the exports of Machines ($8.44B), Instruments ($4.75B), and Mineral Products ($3.48B).

Bilateral Service Trade

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In 2011, United States exported services to Chinese Taipei worth $9.36B, with Royalties and license fees ($5.14B), Transportation ($1.86B), and Travel ($1.84B) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Chinese Taipei has comparative advantage over United States. Similarly, the more red a dot/product is, the more United States has comparative advantage over Chinese Taipei.