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2023
Flag → Flag
Exports $17.4BRnk 5 / 211
2023
Flag → Flag
Top Product $6.9BCoal Briquettes
2023
Flag → Flag
Exports $6.31BRnk 14 / 212
2023
Flag → Flag
Top Product $2.64BRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI -0.28Rnk 75 / 132
2023
Flag
Economic Complexity (ECI) ECI 2Rnk 2 / 132
2023
Flag  
GDP$1.73TCURRENT US$
Rnk 13 / 195
2013-2023
Flag
GDP GROWTH9.57%CURRENT US$
Rnk 156 / 195
2023
Flag
GDP PC $64,821CURRENT US$
Rnk 16 / 195
2013-2023
Flag
GDP PC GROWTH-4.94%CURRENT US$
Rnk 159 / 195

About

Australia-Chinese Taipei Trade: In 2023, Australia exported $17.4B to Chinese Taipei. The main products that Australia exported to Chinese Taipei were Coal Briquettes ($6.9B), Petroleum Gas ($6.16B), and Iron Ore ($1.64B). Over the past 5 years the exports of Australia to Chinese Taipei have increased at an annualized rate of 12.9%, from $9.47B in 2018 to $17.4B in 2023.

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

Chinese Taipei-Australia Trade: In 2023, Chinese Taipei exported $6.31B to Australia. The main products that Chinese Taipei exported to Australia were Refined Petroleum ($2.64B), Broadcasting Equipment ($330M), and Sodium or Potassium Peroxides ($166M). Over the past 5 years the exports of Chinese Taipei to Australia have increased at an annualized rate of 11.4%,  from $3.68B in 2018 to $6.31B in 2023.

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

Comparison: In 2023,  Australia ranked 75 in the Economic Complexity Index (ECI -0.28), and 20 in total exports ($374B). 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, Australia exported $17.4B to Chinese Taipei. The main products exported from Australia to Chinese Taipei were Coal Briquettes ($6.9B), Petroleum Gas ($6.16B), and Iron Ore ($1.64B). During the last 5 years the exports of Australia to Chinese Taipei have increased at an annualized rate of 12.9%, from $9.47B in 2018 to $17.4B in 2023.

In 2018, Chinese Taipei exported $6.31B to Australia. The main products exported from Chinese Taipei to Australia were Refined Petroleum ($2.64B), Broadcasting Equipment ($330M), and Sodium or Potassium Peroxides ($166M). During the last 5 years the exports of Chinese Taipei to Australia have increased at an annualized rate of 11.4%, from $3.68B in 2023 to $6.31B in 2018.

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

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

Market Competitiveness

Color
Australia
Top DestinationChina$137B
Chinese Taipei
Top DestinationChina$101B

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

In 2023, countries that imported more from Australia than Chinese Taipei included China ($137B), Japan ($59B), and India ($19.9B).

In 2023, countries that imported more from Chinese Taipei than Australia included United States ($85.6B), Hong Kong ($66.1B), and Singapore ($47B).

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

Comparative Advantage Australia - Chinese Taipei

Flow
Scale

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

During 2023, Australia had a large net trade with Chinese Taipei in the exports of Mineral Products ($15.2B), Metals ($1.08B), and Animal Products ($386M).

During 2018, Chinese Taipei had a large net trade with Australia in the exports of Mineral Products ($2.71B), Machines ($1.29B), and Metals ($643M).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Australia and Chinese Taipei. This means that a dot/product with the flag of Australia 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 Australia.

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

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