2023
Flag  
GDP
$1.07TCURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP GROWTH
41.6%CURRENT US$
Rnk 90 / 195
2023
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GDP PC 
$32,094CURRENT US$
Rnk 44 / 195
2013-2023
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GDP PC GROWTH
17.6%CURRENT US$
Rnk 109 / 195

About

Saudi Arabia-Chinese Taipei Trade: In 2023, Saudi Arabia exported $9.17B to Chinese Taipei. The main products that Saudi Arabia exported to Chinese Taipei were Crude Petroleum ($8.14B), Petroleum Gas ($168M), and Ammonia ($115M). Over the past 5 years the exports of Saudi Arabia to Chinese Taipei have increased at an annualized rate of 1.1%, from $8.68B in 2018 to $9.17B in 2023.

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

Chinese Taipei-Saudi Arabia Trade: In 2023, Chinese Taipei exported $1.42B to Saudi Arabia. The main products that Chinese Taipei exported to Saudi Arabia were Cars ($439M), Broadcasting Equipment ($96.2M), and Polycarboxylic Acids ($79.8M). Over the past 5 years the exports of Chinese Taipei to Saudi Arabia have increased at an annualized rate of 5.33%,  from $1.09B in 2018 to $1.42B in 2023.

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

Comparison: In 2023,  Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B). 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, Saudi Arabia exported $9.17B to Chinese Taipei. The main products exported from Saudi Arabia to Chinese Taipei were Crude Petroleum ($8.14B), Petroleum Gas ($168M), and Ammonia ($115M). During the last 5 years the exports of Saudi Arabia to Chinese Taipei have increased at an annualized rate of 1.1%, from $8.68B in 2018 to $9.17B in 2023.

In 2018, Chinese Taipei exported $1.42B to Saudi Arabia. The main products exported from Chinese Taipei to Saudi Arabia were Cars ($439M), Broadcasting Equipment ($96.2M), and Polycarboxylic Acids ($79.8M). During the last 5 years the exports of Chinese Taipei to Saudi Arabia have increased at an annualized rate of 5.33%, from $1.09B in 2023 to $1.42B in 2018.

Exports from Saudi Arabia (Flag) to Chinese Taipei (Flag) (2023)

Exports from Chinese Taipei (Flag) to Saudi Arabia (Flag) (2023)

Market Competitiveness

Color
Saudi Arabia
Top Destination
China$64.4B
Chinese Taipei
Top Destination
China$101B

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

In 2023, countries that imported more from Saudi Arabia than Chinese Taipei included India ($34.8B), United Arab Emirates ($11.5B), and Poland ($7.64B).

In 2023, countries that imported more from Chinese Taipei than Saudi Arabia included United States ($85.6B), Hong Kong ($66.1B), and Singapore ($47B).

Difference in imports from Chinese Taipei (Flag) and Saudi Arabia (Flag) (2023)

Comparative Advantage Saudi Arabia - Chinese Taipei

Flow
Scale

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

During 2023, Saudi Arabia had a large net trade with Chinese Taipei in the exports of Mineral Products ($8.36B), Chemical Products ($444M), and Metals ($215M).

During 2018, Chinese Taipei had a large net trade with Saudi Arabia in the exports of Transportation ($501M), Machines ($318M), and Metals ($198M).

Economic Complexity

Competitive Landscape

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

Product Space of Saudi Arabia (Flag) and Chinese Taipei (Flag) (2023)

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