Vietnam (VNM) and Chinese Taipei (TWN) Trade | The Observatory of Economic Complexity

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Vietnam-Chinese Taipei Trade: In 2022, Vietnam exported $5.94B to Chinese Taipei. The main products that Vietnam exported to Chinese Taipei were Integrated Circuits ($572M), Broadcasting Equipment ($488M), and Office Machine Parts ($483M). Over the past 5 years the exports of Vietnam to Chinese Taipei have increased at an annualized rate of 14.9%, from $2.97B in 2017 to $5.94B in 2022.

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

Chinese Taipei-Vietnam Trade: In 2022, Chinese Taipei exported $15.7B to Vietnam. The main products that Chinese Taipei exported to Vietnam were Integrated Circuits ($3.65B), Light Rubberized Knitted Fabric ($903M), and Hot-Rolled Iron ($690M). Over the past 5 years the exports of Chinese Taipei to Vietnam have increased at an annualized rate of 3.15%, from $13.4B in 2017 to $15.7B in 2022.

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

Comparison: In 2022, Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B). That same year, Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Vietnam exported $5.94B to Chinese Taipei. The main products exported from Vietnam to Chinese Taipei were Integrated Circuits ($572M), Broadcasting Equipment ($488M), and Office Machine Parts ($483M). During the last 5 years the exports of Vietnam to Chinese Taipei have increased at an annualized rate of 14.9%, from $2.97B in 2017 to $5.94B in 2022.

In 2017, Chinese Taipei exported $15.7B to Vietnam. The main products exported from Chinese Taipei to Vietnam were Integrated Circuits ($3.65B), Light Rubberized Knitted Fabric ($903M), and Hot-Rolled Iron ($690M). During the last 5 years the exports of Chinese Taipei to Vietnam have increased at an annualized rate of 3.15%, from $13.4B in 2022 to $15.7B in 2017.

Exports from Vietnam () to Chinese Taipei () (2022)

Exports from Chinese Taipei () to Vietnam () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Vietnam
Top DestinationUnited States$117B

Chinese Taipei
Top DestinationChina$121B

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 2022, countries that imported more from Vietnam than Chinese Taipei included United States ($117B), Cambodia ($5.74B), and United Arab Emirates ($4.74B).

In 2022, countries that imported more from Chinese Taipei than Vietnam included China ($121B), Hong Kong ($65.8B), and Singapore ($38.6B).

Difference in imports from Chinese Taipei () and Vietnam () (2022)

Comparative Advantage Vietnam - Chinese Taipei

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Vietnam had a large net trade with Chinese Taipei in the exports of Machines ($2.55B), Metals ($562M), and Textiles ($560M).

During 2017, Chinese Taipei had a large net trade with Vietnam in the exports of Machines ($6.23B), Textiles ($2.36B), and Plastics and Rubbers ($1.99B).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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.

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Historical Data

Bilateral Trade by Products

Exports from Vietnam () to Chinese Taipei () (2022)

Exports from Chinese Taipei () to Vietnam () (2022)

Market Competitiveness

Difference in imports from Chinese Taipei () and Vietnam () (2022)

Comparative Advantage Vietnam - Chinese Taipei

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Vietnam () and Chinese Taipei () (2022)

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