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2023
Flag → Flag
Exports $3.05BRnk 41 / 219
2023
Flag → Flag
Top Product $344MPackaged Medicaments
2023
Flag → Flag
Exports $2.76BRnk 20 / 212
2023
Flag → Flag
Top Product $223MLarge Flat-Rolled Stainless Steel
2023
Flag
Economic Complexity (ECI) ECI 1.29Rnk 18 / 132
2023
Flag
Economic Complexity (ECI) ECI 2Rnk 2 / 132
2023
Flag  
GDP$2.3TCURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP GROWTH6.86%CURRENT US$
Rnk 165 / 195
2023
Flag
GDP PC $39,003CURRENT US$
Rnk 32 / 195
2013-2023
Flag
GDP PC GROWTH9.11%CURRENT US$
Rnk 136 / 195

About

Italy-Chinese Taipei Trade: In 2023, Italy exported $3.05B to Chinese Taipei. The main products that Italy exported to Chinese Taipei were Packaged Medicaments ($344M), Trunks and Cases ($308M), and Integrated Circuits ($213M). Over the past 5 years the exports of Italy to Chinese Taipei have increased at an annualized rate of 5.62%, from $2.32B in 2018 to $3.05B in 2023.

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

Chinese Taipei-Italy Trade: In 2023, Chinese Taipei exported $2.76B to Italy. The main products that Chinese Taipei exported to Italy were Large Flat-Rolled Stainless Steel ($223M), Hot-Rolled Iron ($208M), and Bi-Wheel Vehicle Parts ($169M). Over the past 5 years the exports of Chinese Taipei to Italy have increased at an annualized rate of 1.84%,  from $2.52B in 2018 to $2.76B in 2023.

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

Comparison: In 2023,  Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B). 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, Italy exported €165M and imported €109M from Chinese Taipei, resulting in a positive trade balance of €55.9M. Between November 2023 and November 2024 the exports of Italy have increased by €23.4M (16.6%) from €141M to €165M, while imports decreased by €-38.8M (-26.3%) from €148M to €109M.

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)€23.4M(16.6%)
IMPORT GROWTH (November 2023 - November 2024)€-38.8M(-26.3%)

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

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

For full datasets download visit Bulk Download page.

Explore Chinese Taipei and Italy Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Italy exported $3.05B to Chinese Taipei. The main products exported from Italy to Chinese Taipei were Packaged Medicaments ($344M), Trunks and Cases ($308M), and Integrated Circuits ($213M). During the last 5 years the exports of Italy to Chinese Taipei have increased at an annualized rate of 5.62%, from $2.32B in 2018 to $3.05B in 2023.

In 2018, Chinese Taipei exported $2.76B to Italy. The main products exported from Chinese Taipei to Italy were Large Flat-Rolled Stainless Steel ($223M), Hot-Rolled Iron ($208M), and Bi-Wheel Vehicle Parts ($169M). During the last 5 years the exports of Chinese Taipei to Italy have increased at an annualized rate of 1.84%, from $2.52B in 2023 to $2.76B in 2018.

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

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

Market Competitiveness

Color
Italy
Top DestinationGermany$71.4B
Chinese Taipei
Top DestinationChina$101B

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

In 2023, countries that imported more from Italy than Chinese Taipei included France ($61.1B), Germany ($71.4B), and Spain ($30.1B).

In 2023, countries that imported more from Chinese Taipei than Italy included China ($101B), Hong Kong ($66.1B), and Singapore ($47B).

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

Comparative Advantage Italy - Chinese Taipei

Flow
Scale

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

During 2023, Italy had a large net trade with Chinese Taipei in the exports of Machines ($744M), Chemical Products ($562M), and Animal Hides ($336M).

During 2018, Chinese Taipei had a large net trade with Italy in the exports of Machines ($978M), Metals ($873M), and Transportation ($341M).

Economic Complexity

Competitive Landscape

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

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

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