2023
Flag  
GDP
$1.79TCURRENT US$
Rnk 12 / 195
2013-2023
Flag
GDP GROWTH
34.8%CURRENT US$
Rnk 103 / 195
2023
Flag
GDP PC 
$13,790CURRENT US$
Rnk 75 / 195
2013-2023
Flag
GDP PC GROWTH
22.9%CURRENT US$
Rnk 94 / 195

About

Mexico-Chinese Taipei Trade: In 2023, Mexico exported $5.8B to Chinese Taipei. The main products that Mexico exported to Chinese Taipei were Crude Petroleum ($4.61B), Cars ($223M), and Medical Instruments ($89M). Over the past 5 years the exports of Mexico to Chinese Taipei have increased at an annualized rate of 21.7%, from $2.18B in 2018 to $5.8B in 2023.

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

Chinese Taipei-Mexico Trade: In 2023, Chinese Taipei exported $12.2B to Mexico. The main products that Chinese Taipei exported to Mexico were Integrated Circuits ($3.79B), Office Machine Parts ($2.45B), and Broadcasting Equipment ($1.04B). Over the past 5 years the exports of Chinese Taipei to Mexico have increased at an annualized rate of 9.93%,  from $7.63B in 2018 to $12.2B in 2023.

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

Comparison: In 2023,  Mexico ranked 25 in the Economic Complexity Index (ECI 1.09), and 8 in total exports ($603B). 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, Mexico exported $5.8B to Chinese Taipei. The main products exported from Mexico to Chinese Taipei were Crude Petroleum ($4.61B), Cars ($223M), and Medical Instruments ($89M). During the last 5 years the exports of Mexico to Chinese Taipei have increased at an annualized rate of 21.7%, from $2.18B in 2018 to $5.8B in 2023.

In 2018, Chinese Taipei exported $12.2B to Mexico. The main products exported from Chinese Taipei to Mexico were Integrated Circuits ($3.79B), Office Machine Parts ($2.45B), and Broadcasting Equipment ($1.04B). During the last 5 years the exports of Chinese Taipei to Mexico have increased at an annualized rate of 9.93%, from $7.63B in 2023 to $12.2B in 2018.

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

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

Market Competitiveness

Color
Mexico
Top Destination
United States$456B
Chinese Taipei
Top Destination
China$101B

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

In 2023, countries that imported more from Mexico than Chinese Taipei included United States ($456B), Canada ($33B), and Spain ($6.04B).

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

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

Comparative Advantage Mexico - Chinese Taipei

Flow
Scale

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

During 2023, Mexico had a large net trade with Chinese Taipei in the exports of Mineral Products ($4.66B), Machines ($551M), and Transportation ($268M).

During 2018, Chinese Taipei had a large net trade with Mexico in the exports of Machines ($9.99B), Metals ($931M), and Plastics and Rubbers ($457M).

Economic Complexity

Competitive Landscape

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

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

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