Austria (AUT) and Chinese Taipei (TWN) Trade | The Observatory of Economic Complexity

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Austria-Chinese Taipei Trade: In 2022, Austria exported $1.36B to Chinese Taipei. The main products that Austria exported to Chinese Taipei were Machinery Having Individual Functions ($379M), Photo Lab Equipment ($355M), and X-Ray Equipment ($53.9M). Over the past 5 years the exports of Austria to Chinese Taipei have increased at an annualized rate of 23.2%, from $480M in 2017 to $1.36B in 2022.

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

Chinese Taipei-Austria Trade: In 2022, Chinese Taipei exported $807M to Austria. The main products that Chinese Taipei exported to Austria were Integrated Circuits ($123M), Medical Instruments ($77.8M), and Bi-Wheel Vehicle Parts ($71.7M). Over the past 5 years the exports of Chinese Taipei to Austria have increased at an annualized rate of 6.66%, from $585M in 2017 to $807M in 2022.

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

Comparison: In 2022, Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B). 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, Austria exported $1.36B to Chinese Taipei. The main products exported from Austria to Chinese Taipei were Machinery Having Individual Functions ($379M), Photo Lab Equipment ($355M), and X-Ray Equipment ($53.9M). During the last 5 years the exports of Austria to Chinese Taipei have increased at an annualized rate of 23.2%, from $480M in 2017 to $1.36B in 2022.

In 2017, Chinese Taipei exported $807M to Austria. The main products exported from Chinese Taipei to Austria were Integrated Circuits ($123M), Medical Instruments ($77.8M), and Bi-Wheel Vehicle Parts ($71.7M). During the last 5 years the exports of Chinese Taipei to Austria have increased at an annualized rate of 6.66%, from $585M in 2022 to $807M in 2017.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Austria
Top DestinationGermany$57.7B

Chinese Taipei
Top DestinationChina$121B

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

In 2022, countries that imported more from Austria than Chinese Taipei included Germany ($57.7B), Italy ($13.6B), and Switzerland ($11.2B).

In 2022, countries that imported more from Chinese Taipei than Austria included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

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

Comparative Advantage Austria - Chinese Taipei

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Austria had a large net trade with Chinese Taipei in the exports of Machines ($534M), Instruments ($437M), and Metals ($124M).

During 2017, Chinese Taipei had a large net trade with Austria in the exports of Machines ($391M), Transportation ($110M), and Instruments ($102M).

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 Austria and Chinese Taipei. This means that a dot/product with the flag of Austria 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 Austria.

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Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

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

Comparative Advantage Austria - Chinese Taipei

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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