2022
Flag  
GDP
$19.1BCURRENT US$
Rnk 118 / 186
2012-2022
Flag
GDP GROWTH
56.5%CURRENT US$
Rnk 47 / 186
2022
Flag
GDP PC 
$3,789CURRENT US$
Rnk 123 / 186
2012-2022
Flag
GDP PC GROWTH
23.5%CURRENT US$
Rnk 75 / 186

About

Palestine-Chinese Taipei Trade: In 2022, Palestine exported $34 to Chinese Taipei. The main products that Palestine exported to Chinese Taipei were Pens ($34). Over the past 6 years the exports of Palestine to Chinese Taipei have decreased at an annualized rate of 19.4%, from $124 in 2016 to $34 in 2022.

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

Chinese Taipei-Palestine Trade: In 2022, Chinese Taipei exported $18.7M to Palestine. The main products that Chinese Taipei exported to Palestine were Telephones ($3.74M), Broadcasting Equipment ($3.32M), and Electrical Lighting and Signalling Equipment ($1.86M). Over the past 6 years the exports of Chinese Taipei to Palestine have increased at an annualized rate of 20.3%,  from $7.43M in 2016 to $18.7M in 2022.

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

Comparison In 2022,  Palestine ranked 150 in total exports ($1.61B), and does not have data regarding Economic Complexity Index. 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, Palestine exported $34 to Chinese Taipei. The main products exported from Palestine to Chinese Taipei were Pens ($34). During the last 6 years the exports of Palestine to Chinese Taipei have decreased at an annualized rate of 19.4%, from $124 in 2016 to $34 in 2022.

In 2017, Chinese Taipei exported $18.7M to Palestine. The main products exported from Chinese Taipei to Palestine were Telephones ($3.74M), Broadcasting Equipment ($3.32M), and Electrical Lighting and Signalling Equipment ($1.86M). During the last 5 years the exports of Chinese Taipei to Palestine have increased at an annualized rate of 20.3%, from $7.43M in 2022 to $18.7M in 2017.

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

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

Market Competitiveness

Color
Palestine
Top Destination
Israel$1.3B
Chinese Taipei
Top Destination
China$121B

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

In 2022, countries that imported more from Palestine than Chinese Taipei included Israel ($1.3B).

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

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

Comparative Advantage Palestine - Chinese Taipei

Flow
Scale

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

During 2022, Palestine had a large net trade with Chinese Taipei in the exports of Miscellaneous ($34).

During 2017, Chinese Taipei had a large net trade with Palestine in the exports of Machines ($10.8M), Foodstuffs ($2.59M), and Metals ($1.34M).

Economic Complexity

Competitive Landscape

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

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

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