2022
Flag  
GDP
$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH
-39.7%CURRENT US$
Rnk 183 / 186
2022
Flag
GDP PC 
$4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH
-47.3%CURRENT US$
Rnk 183 / 186

About

Iran-Chinese Taipei Trade: In 2022, Iran exported $49.9M to Chinese Taipei. The main products that Iran exported to Chinese Taipei were Ammonia ($19.6M), Petroleum Coke ($18.4M), and Copper Plating ($6.02M). Over the past 5 years the exports of Iran to Chinese Taipei have decreased at an annualized rate of 71.7%, from $27.4B in 2017 to $49.9M in 2022.

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

Chinese Taipei-Iran Trade: In 2022, Chinese Taipei exported $76.2M to Iran. The main products that Chinese Taipei exported to Iran were Iron Fasteners ($11.5M), Synthetic Coloring Matter ($4.38M), and Motor vehicles; parts and accessories (8701 to 8705) ($3.07M). Over the past 5 years the exports of Chinese Taipei to Iran have decreased at an annualized rate of 35.6%,  from $689M in 2017 to $76.2M in 2022.

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

Comparison: In 2022,  Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B). 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, Iran exported $49.9M to Chinese Taipei. The main products exported from Iran to Chinese Taipei were Ammonia ($19.6M), Petroleum Coke ($18.4M), and Copper Plating ($6.02M). During the last 5 years the exports of Iran to Chinese Taipei have decreased at an annualized rate of 71.7%, from $27.4B in 2017 to $49.9M in 2022.

In 2017, Chinese Taipei exported $76.2M to Iran. The main products exported from Chinese Taipei to Iran were Iron Fasteners ($11.5M), Synthetic Coloring Matter ($4.38M), and Motor vehicles; parts and accessories (8701 to 8705) ($3.07M). During the last 5 years the exports of Chinese Taipei to Iran have decreased at an annualized rate of 35.6%, from $689M in 2022 to $76.2M in 2017.

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

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

Market Competitiveness

Color
Iran
Top Destination
China$5.72B
Chinese Taipei
Top Destination
China$121B

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

In 2022, countries that imported more from Iran than Chinese Taipei included Turkey ($3.17B), Kuwait ($960M), and Armenia ($557M).

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

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

Comparative Advantage Iran - Chinese Taipei

Flow
Scale

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

During 2022, Iran had a large net trade with Chinese Taipei in the exports of Chemical Products ($19.8M), Mineral Products ($19.1M), and Metals ($6.9M).

During 2017, Chinese Taipei had a large net trade with Iran in the exports of Machines ($24.4M), Metals ($16.1M), and Plastics and Rubbers ($11.8M).

Economic Complexity

Competitive Landscape

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

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

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