2023
Flag
 GDP
$512BCURRENT US$
Rnk 29 / 195
2013-2023
Flag
GDP GROWTH
20%CURRENT US$
Rnk 141 / 195
2023
Flag
GDP PC
$56,034CURRENT US$
Rnk 18 / 196
2013-2023
Flag
GDP PC GROWTH
11.4%CURRENT US$
Rnk 131 / 195

About

Chinese Taipei-Austria Trade: In 2023, Chinese Taipei exported $1.51B to Austria. The main products that Chinese Taipei exported to Austria were Integrated Circuits ($225M), Medical Instruments ($118M), and Bi-Wheel Vehicle Parts ($110M). Over the past 5 years the exports of Chinese Taipei to Austria have increased at an annualized rate of 12.2%, from $848M in 2018 to $1.51B in 2023.

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

Austria-Chinese Taipei Trade: In 2023, Austria exported $902M to Chinese Taipei. The main products that Austria exported to Chinese Taipei were Machinery Having Individual Functions ($319M), Cars ($56.8M), and X-Ray Equipment ($44.5M). Over the past 5 years the exports of Austria to Chinese Taipei have increased at an annualized rate of 2.43%,  from $660M in 2018 to $902M in 2023.

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

Comparison: In 2023,  Chinese Taipei ranked 2 in the Economic Complexity Index (ECI 2), and 11 in total exports ($509B). That same year, Austria ranked 8 in the Economic Complexity Index (ECI 1.56), and 31 in total exports ($204B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Chinese Taipei exported $1.51B to Austria. The main products exported from Chinese Taipei to Austria were Integrated Circuits ($225M), Medical Instruments ($118M), and Bi-Wheel Vehicle Parts ($110M). During the last 5 years the exports of Chinese Taipei to Austria have increased at an annualized rate of 12.2%, from $848M in 2018 to $1.51B in 2023.

In 2018, Austria exported $902M to Chinese Taipei. The main products exported from Austria to Chinese Taipei were Machinery Having Individual Functions ($319M), Cars ($56.8M), and X-Ray Equipment ($44.5M). During the last 5 years the exports of Austria to Chinese Taipei have increased at an annualized rate of 2.43%, from $660M in 2023 to $902M in 2018.

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

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

Market Competitiveness

Color
Chinese Taipei
Top Destination
China$101B
Austria
Top Destination
Germany$51B

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

In 2023, countries that imported more from Chinese Taipei than Austria included China ($101B), United States ($85.6B), and Hong Kong ($66.1B).

In 2023, countries that imported more from Austria than Chinese Taipei included Germany ($51B), Italy ($13.5B), and Switzerland ($10.9B).

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

Comparative Advantage Chinese Taipei - Austria

Flow
Scale

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

During 2023, Chinese Taipei had a large net trade with Austria in the exports of Machines ($805M), Transportation ($257M), and Instruments ($142M).

During 2018, Austria had a large net trade with Chinese Taipei in the exports of Machines ($487M), Metals ($93.4M), and Instruments ($80.9M).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Chinese Taipei and Austria. This means that a dot/product with the flag of Chinese Taipei indicates it has a comparative advantage over Austria. Similarly, a dot/product with the flag of Austria indicates it has a comparative advantage over Chinese Taipei.

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

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