NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $916MRnk 53 / 220
2023
Flag → Flag
Top Product $102MCars
2023
Flag → Flag
Exports $2.06BRnk 24 / 212
2023
Flag → Flag
Top Product $231MCoated Flat-Rolled Iron
2023
Flag
Economic Complexity (ECI) ECI 0.86Rnk 31 / 132
2023
Flag
Economic Complexity (ECI) ECI 2Rnk 2 / 132
2023
Flag  
GDP$1.62TCURRENT US$
Rnk 15 / 195
2013-2023
Flag
GDP GROWTH18.9%CURRENT US$
Rnk 143 / 195
2023
Flag
GDP PC $33,509CURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP PC GROWTH14.7%CURRENT US$
Rnk 119 / 195

About

Spain-Chinese Taipei Trade: In 2023, Spain exported $916M to Chinese Taipei. The main products that Spain exported to Chinese Taipei were Cars ($102M), Pig Meat ($100M), and Packaged Medicaments ($72.7M). Over the past 5 years the exports of Spain to Chinese Taipei have increased at an annualized rate of 6.02%, from $684M in 2018 to $916M in 2023.

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

Chinese Taipei-Spain Trade: In 2023, Chinese Taipei exported $2.06B to Spain. The main products that Chinese Taipei exported to Spain were Coated Flat-Rolled Iron ($231M), Broadcasting Equipment ($180M), and Bi-Wheel Vehicle Parts ($168M). Over the past 5 years the exports of Chinese Taipei to Spain have increased at an annualized rate of 5.17%,  from $1.6B in 2018 to $2.06B in 2023.

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

Comparison: In 2023,  Spain ranked 31 in the Economic Complexity Index (ECI 0.86), and 16 in total exports ($402B). That same year, Chinese Taipei ranked 2 in the Economic Complexity Index (ECI 2), and 11 in total exports ($509B).

Latest Trends

November, 2024

About

Overview In November 2024, Spain exported €70.1M and imported €131M from Chinese Taipei, resulting in a negative trade balance of €61M. Between November 2023 and November 2024 the exports of Spain have increased by €7.9M (12.7%) from €62.2M to €70.1M, while imports decreased by €-16.8M (-11.3%) from €148M to €131M.

Trade In November 2024, the top exports of Spain to Chinese Taipei were Pig Meat (€10.1M), Cars (€6.26M), Electrical Transformers (€5.92M), Packaged Medicaments (€5.12M), and Gas Turbines (€4.92M). In November 2024 the top imports of Spain from Chinese Taipei were Coated Flat-Rolled Iron (€21M), Bi-Wheel Vehicle Parts (€19.7M), Telephones (€15.8M), Iron Fasteners (€9.1M), and Gas Turbines (€6.78M).

Origins In November 2024 the exports of Spain were mainly from Madrid (€25.5M), Barcelona (€6.31M), Álava (€5.11M), Valencia (€4.12M), and Zaragoza (€3.03M), while imports destinations were mainly Madrid (€40M), Barcelona (€31.4M), Vizcaya (€9.68M), Guipúzcoa (€5.78M), and Alicante (€5.44M).

Growth In November 2024, the increase in Spain's year-by-year exports to Chinese Taipei was explained primarily by an increase in product exports in Electrical Transformers (€5.35M or 946%), Cars (€3.22M or 106%), and Motor vehicles; parts and accessories (8701... (€1.22M or 767%). In November 2024, the decrease in Spain's year-by-year imports  from Chinese Taipei was explained primarily by an decrease in product imports  in Coated Flat-Rolled Iron (€-62.7M or -74.9%), Hot-Rolled Iron (€-7.79M or -58.3%), and Laboratory Reagents (€-4.63M or -92.7%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)€7.9M(12.7%)
IMPORT GROWTH (November 2023 - November 2024)€-16.8M(-11.3%)
MAIN EXPORTER (November 2024)Madrid€25.5M

This section shows exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Spain over time.

To check Chinese Taipei and Spain trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Chinese Taipei and Spain Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Spain exported $916M to Chinese Taipei. The main products exported from Spain to Chinese Taipei were Cars ($102M), Pig Meat ($100M), and Packaged Medicaments ($72.7M). During the last 5 years the exports of Spain to Chinese Taipei have increased at an annualized rate of 6.02%, from $684M in 2018 to $916M in 2023.

In 2018, Chinese Taipei exported $2.06B to Spain. The main products exported from Chinese Taipei to Spain were Coated Flat-Rolled Iron ($231M), Broadcasting Equipment ($180M), and Bi-Wheel Vehicle Parts ($168M). During the last 5 years the exports of Chinese Taipei to Spain have increased at an annualized rate of 5.17%, from $1.6B in 2023 to $2.06B in 2018.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$61.9B
Chinese Taipei
Top DestinationChina$101B

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

In 2023, countries that imported more from Spain than Chinese Taipei included France ($61.9B), Portugal ($38.1B), and Italy ($34.7B).

In 2023, countries that imported more from Chinese Taipei than Spain included China ($101B), Hong Kong ($66.1B), and United States ($85.6B).

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

Comparative Advantage Spain - Chinese Taipei

Flow
Scale

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

During 2023, Spain had a large net trade with Chinese Taipei in the exports of Machines ($193M), Chemical Products ($159M), and Transportation ($154M).

During 2018, Chinese Taipei had a large net trade with Spain in the exports of Machines ($731M), Metals ($669M), and Transportation ($257M).

Economic Complexity

Competitive Landscape

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

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

Keep Exploring

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