2022
Flag  
GDP
$72.8BCURRENT US$
Rnk 78 / 186
2012-2022
Flag
GDP GROWTH
10.8%CURRENT US$
Rnk 144 / 186
2022
Flag
GDP PC 
$7,905CURRENT US$
Rnk 85 / 186
2012-2022
Flag
GDP PC GROWTH
13.7%CURRENT US$
Rnk 101 / 186

About

Belarus-Chinese Taipei Trade: In 2022, Belarus exported $34.1M to Chinese Taipei. The main products that Belarus exported to Chinese Taipei were Potassic Fertilizers ($32.8M), Aircraft Parts ($343k), and Integrated Circuits ($262k). Over the past 5 years the exports of Belarus to Chinese Taipei have increased at an annualized rate of 2.87%, from $29.6M in 2017 to $34.1M in 2022.

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

Chinese Taipei-Belarus Trade: In 2022, Chinese Taipei exported $10.9M to Belarus. The main products that Chinese Taipei exported to Belarus were Large Flat-Rolled Stainless Steel ($786k), Electrical Lighting and Signalling Equipment ($686k), and Metalworking Transfer Machines ($652k). Over the past 5 years the exports of Chinese Taipei to Belarus have decreased at an annualized rate of 30.5%,  from $67.3M in 2017 to $10.9M in 2022.

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

Comparison: In 2022,  Belarus ranked 32 in the Economic Complexity Index (ECI 0.82), and 100 in total exports ($10.4B). 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, Belarus exported $34.1M to Chinese Taipei. The main products exported from Belarus to Chinese Taipei were Potassic Fertilizers ($32.8M), Aircraft Parts ($343k), and Integrated Circuits ($262k). During the last 5 years the exports of Belarus to Chinese Taipei have increased at an annualized rate of 2.87%, from $29.6M in 2017 to $34.1M in 2022.

In 2017, Chinese Taipei exported $10.9M to Belarus. The main products exported from Chinese Taipei to Belarus were Large Flat-Rolled Stainless Steel ($786k), Electrical Lighting and Signalling Equipment ($686k), and Metalworking Transfer Machines ($652k). During the last 5 years the exports of Chinese Taipei to Belarus have decreased at an annualized rate of 30.5%, from $67.3M in 2022 to $10.9M in 2017.

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

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

Market Competitiveness

Color
Belarus
Top Destination
China$1.6B
Chinese Taipei
Top Destination
China$121B

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

In 2022, countries that imported more from Belarus than Chinese Taipei included Ukraine ($1.29B), Kazakhstan ($827M), and Lithuania ($778M).

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

Difference in imports from Chinese Taipei (Flag) and Belarus (Flag) (2022)

Comparative Advantage Belarus - Chinese Taipei

Flow
Scale

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

During 2022, Belarus had a large net trade with Chinese Taipei in the exports of Chemical Products ($32.8M), Machines ($449k), and Transportation ($344k).

During 2017, Chinese Taipei had a large net trade with Belarus in the exports of Machines ($4.49M), Metals ($2.4M), and Plastics and Rubbers ($1.01M).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with