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2023
Flag → Flag
Exports $5.53MRnk 1 / 62
2023
Flag → Flag
Top Product $3.4MScrap Iron
2023
Flag → Flag
Exports $36.6MRnk 102 / 212
2023
Flag → Flag
Top Product $8.41MFlavored Water
2023
Flag
Economic Complexity (ECI) ECI 2Rnk 2 / 132

About

Guam-Chinese Taipei Trade: In 2023, Guam exported $5.53M to Chinese Taipei. The main products that Guam exported to Chinese Taipei were Scrap Iron ($3.4M), Scrap Copper ($1.65M), and Scrap Aluminium ($386k). Over the past 5 years the exports of Guam to Chinese Taipei have decreased at an annualized rate of 0.96%, from $5.81M in 2018 to $5.53M in 2023.

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

Chinese Taipei-Guam Trade: In 2023, Chinese Taipei exported $36.6M to Guam. The main products that Chinese Taipei exported to Guam were Flavored Water ($8.41M), Cement ($5.47M), and Aluminium Structures ($3.33M). Over the past 5 years the exports of Chinese Taipei to Guam have decreased at an annualized rate of 11.6%,  from $67.6M in 2018 to $36.6M in 2023.

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

Comparison In 2023,  Guam ranked 216 in total exports ($13M), and does not have data regarding Economic Complexity Index. That same year, Chinese Taipei ranked 2 in the Economic Complexity Index (ECI 2), and 11 in total exports ($509B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Guam exported $5.53M to Chinese Taipei. The main products exported from Guam to Chinese Taipei were Scrap Iron ($3.4M), Scrap Copper ($1.65M), and Scrap Aluminium ($386k). During the last 5 years the exports of Guam to Chinese Taipei have decreased at an annualized rate of 0.96%, from $5.81M in 2018 to $5.53M in 2023.

In 2018, Chinese Taipei exported $36.6M to Guam. The main products exported from Chinese Taipei to Guam were Flavored Water ($8.41M), Cement ($5.47M), and Aluminium Structures ($3.33M). During the last 5 years the exports of Chinese Taipei to Guam have decreased at an annualized rate of 11.6%, from $67.6M in 2023 to $36.6M in 2018.

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

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

Market Competitiveness

Color
Guam
Top DestinationChinese Taipei$5.53M
Chinese Taipei
Top DestinationChina$101B

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

In 2023, no countries were registered that imported more from Guam than from Chinese Taipei.

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

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

Comparative Advantage Guam - Chinese Taipei

Flow
Scale

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

During 2023, Guam had a large net trade with Chinese Taipei in the exports of Metals ($5.44M), Paper Goods ($93.5k), and Animal Hides ($2.63k).

During 2018, Chinese Taipei had a large net trade with Guam in the exports of Foodstuffs ($10.6M), Metals ($7.02M), and Mineral Products ($6.42M).

Economic Complexity

Competitive Landscape

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

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

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