2023
Flag  
GDP
$430BCURRENT US$
Rnk 34 / 195
2013-2023
Flag
GDP GROWTH
101%CURRENT US$
Rnk 13 / 195
2023
Flag
GDP PC 
$4,282CURRENT US$
Rnk 128 / 195
2013-2023
Flag
GDP PC GROWTH
81.5%CURRENT US$
Rnk 15 / 195

About

Vietnam-Chinese Taipei Trade: In 2023, Vietnam exported $5.73B to Chinese Taipei. The main products that Vietnam exported to Chinese Taipei were Integrated Circuits ($795M), Office Machine Parts ($448M), and Broadcasting Equipment ($310M). Over the past 5 years the exports of Vietnam to Chinese Taipei have increased at an annualized rate of 8.72%, from $3.77B in 2018 to $5.73B in 2023.

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

Chinese Taipei-Vietnam Trade: In 2023, Chinese Taipei exported $11.6B to Vietnam. The main products that Chinese Taipei exported to Vietnam were Integrated Circuits ($2.77B), Light Rubberized Knitted Fabric ($625M), and Mirrors and Lenses ($478M). Over the past 5 years the exports of Chinese Taipei to Vietnam have decreased at an annualized rate of 2.36%,  from $13.1B in 2018 to $11.6B in 2023.

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

Comparison: In 2023,  Vietnam ranked 60 in the Economic Complexity Index (ECI 0.067), and 15 in total exports ($424B). That same year, Chinese Taipei ranked 2 in the Economic Complexity Index (ECI 2), and 11 in total exports ($509B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Vietnam exported $5.73B to Chinese Taipei. The main products exported from Vietnam to Chinese Taipei were Integrated Circuits ($795M), Office Machine Parts ($448M), and Broadcasting Equipment ($310M). During the last 5 years the exports of Vietnam to Chinese Taipei have increased at an annualized rate of 8.72%, from $3.77B in 2018 to $5.73B in 2023.

In 2018, Chinese Taipei exported $11.6B to Vietnam. The main products exported from Chinese Taipei to Vietnam were Integrated Circuits ($2.77B), Light Rubberized Knitted Fabric ($625M), and Mirrors and Lenses ($478M). During the last 5 years the exports of Chinese Taipei to Vietnam have decreased at an annualized rate of 2.36%, from $13.1B in 2023 to $11.6B in 2018.

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

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

Market Competitiveness

Color
Vietnam
Top Destination
United States$118B
Chinese Taipei
Top Destination
China$101B

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

In 2023, countries that imported more from Vietnam than Chinese Taipei included United States ($118B), United Arab Emirates ($11B), and Canada ($9.81B).

In 2023, countries that imported more from Chinese Taipei than Vietnam included Hong Kong ($66.1B), Singapore ($47B), and South Korea ($18B).

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

Comparative Advantage Vietnam - Chinese Taipei

Flow
Scale

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

During 2023, Vietnam had a large net trade with Chinese Taipei in the exports of Machines ($2.58B), Metals ($545M), and Textiles ($490M).

During 2018, Chinese Taipei had a large net trade with Vietnam in the exports of Machines ($4.75B), Textiles ($1.73B), and Plastics and Rubbers ($1.39B).

Economic Complexity

Competitive Landscape

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

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

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