2022
Flag  
GDP
$522BCURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP GROWTH
99%CURRENT US$
Rnk 14 / 186
2022
Flag
GDP PC 
$54,660CURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP PC GROWTH
64.9%CURRENT US$
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About

Israel-Chinese Taipei Trade: In 2022, Israel exported $1.88B to Chinese Taipei. The main products that Israel exported to Chinese Taipei were Crude Petroleum ($344M), Other Measuring Instruments ($308M), and Oscilloscopes ($205M). Over the past 5 years the exports of Israel to Chinese Taipei have increased at an annualized rate of 15.1%, from $929M in 2017 to $1.88B in 2022.

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

Chinese Taipei-Israel Trade: In 2022, Chinese Taipei exported $1.22B to Israel. The main products that Chinese Taipei exported to Israel were Integrated Circuits ($240M), Computers ($109M), and Broadcasting Equipment ($85.9M). Over the past 5 years the exports of Chinese Taipei to Israel have increased at an annualized rate of 8.51%,  from $814M in 2017 to $1.22B in 2022.

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

Comparison: In 2022,  Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B). 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, Israel exported $1.88B to Chinese Taipei. The main products exported from Israel to Chinese Taipei were Crude Petroleum ($344M), Other Measuring Instruments ($308M), and Oscilloscopes ($205M). During the last 5 years the exports of Israel to Chinese Taipei have increased at an annualized rate of 15.1%, from $929M in 2017 to $1.88B in 2022.

In 2017, Chinese Taipei exported $1.22B to Israel. The main products exported from Chinese Taipei to Israel were Integrated Circuits ($240M), Computers ($109M), and Broadcasting Equipment ($85.9M). During the last 5 years the exports of Chinese Taipei to Israel have increased at an annualized rate of 8.51%, from $814M in 2022 to $1.22B in 2017.

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

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

Market Competitiveness

Color
Israel
Top Destination
United States$20.3B
Chinese Taipei
Top Destination
China$121B

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

In 2022, countries that imported more from Israel than Chinese Taipei included Palestine ($4.6B), Ireland ($3.86B), and Cyprus ($827M).

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

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

Comparative Advantage Israel - Chinese Taipei

Flow
Scale

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

During 2022, Israel had a large net trade with Chinese Taipei in the exports of Instruments ($835M), Machines ($502M), and Mineral Products ($346M).

During 2017, Chinese Taipei had a large net trade with Israel in the exports of Machines ($743M), Metals ($112M), and Plastics and Rubbers ($88.9M).

Economic Complexity

Competitive Landscape

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

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

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