XXBOverview In 2022 Chinese Taipei was the number 11 economy in the world in terms of total exports and the number 17 in total imports.
Exports The top exports of Chinese Taipei are N/A, exporting mostly to China ($121B), United States ($82.6B), Hong Kong ($65.8B), Singapore ($38.6B), and Japan ($34.9B).
Imports The top imports of Chinese Taipei are N/A, importing mostly from China ($79.9B), Japan ($50.1B), United States ($41B), South Korea ($28.4B), and Australia ($24.1B).
The following section uses the most recent trade data from partners of Chinese Taipei.
Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown.
* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.
The data obtained is mirror data. The trade of countries that do not report current data can be reconstructed based on data reported by partner countries with current data available.
*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.
In 2020, Chinese Taipei exported $47.5B worth of services. The top services exported by Chinese Taipei in 2020 were N/A.
The top services imported by Chinese Taipei in 2020 were Miscellaneous business, professional, and technical services ($10.5B), Sea transport ($8.1B), Royalties and license fees ($4.14B), Computer and information services ($2.99B), and Personal travel ($2.52B).
The top export opportunities for Chinese Taipei according to the relatedness index, were Platinum Clad Metals (0.31), Oxometallic or Peroxometallic Acid Salts (0.28), Gold Clad Metals (0.26), Incomplete Movement Sets (0.26), and Radio Receivers (0.24). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Chinese Taipei is not specialized in.
The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products a country currently specializes in.
The Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower greenhouse emissions.
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