Belarus (BLR) and Chinese Taipei (TWN) Trade | The Observatory of Economic Complexity

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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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

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 () to Chinese Taipei () (2022)

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Belarus
Top DestinationChina$1.6B

Chinese Taipei
Top DestinationChina$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 () and Belarus () (2022)

Comparative Advantage Belarus - Chinese Taipei

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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).

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 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.

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Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

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

Comparative Advantage Belarus - Chinese Taipei

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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