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2022
Flag → Flag
Exports $1.36BRnk 26 / 217
2022
Flag → Flag
Top Product $379MMachinery Having Individual Functions
2022
Flag → Flag
Exports $807MRnk 40 / 210
2022
Flag → Flag
Top Product $123MIntegrated Circuits
2022
Flag
Economic Complexity (ECI) ECI 1.5Rnk 8 / 133
2022
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Economic Complexity (ECI) ECI 1.94Rnk 3 / 133
2022
Flag  
GDP$471BCURRENT US$
Rnk 32 / 186
2012-2022
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GDP GROWTH15.1%CURRENT US$
Rnk 137 / 186
2022
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GDP PC $52,131CURRENT US$
Rnk 17 / 186
2012-2022
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GDP PC GROWTH7.34%CURRENT US$
Rnk 124 / 186

About

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
Value

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 (Flag) to Chinese Taipei (Flag) (2022)

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

Market Competitiveness

Color
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 (Flag) and Austria (Flag) (2022)

Comparative Advantage Austria - Chinese Taipei

Flow
Scale

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).

Economic Complexity

Competitive Landscape

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.

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

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