2023
Flag
 GDP
$71.9BCURRENT US$
Rnk 84 / 195
2013-2023
Flag
GDP GROWTH
-4.86%CURRENT US$
Rnk 175 / 195
2023
Flag
GDP PC
$7,829CURRENT US$
Rnk 98 / 196
2013-2023
Flag
GDP PC GROWTH
-2.11%CURRENT US$
Rnk 156 / 195

About

Chinese Taipei-Belarus Trade: In 2023, Chinese Taipei exported $17.2M to Belarus. The main products that Chinese Taipei exported to Belarus were Machinery Having Individual Functions ($2.04M), Office Machine Parts ($1.82M), and Forging Machines ($913k). Over the past 5 years the exports of Chinese Taipei to Belarus have decreased at an annualized rate of 28.8%, from $93.9M in 2018 to $17.2M in 2023.

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

Belarus-Chinese Taipei Trade: In 2023, Belarus exported $20.9M to Chinese Taipei. The main products that Belarus exported to Chinese Taipei were Potassic Fertilizers ($19M), Aircraft parts (gliders, balloons, and powered aircraft) ($1.04M), and Integrated Circuits ($169k). Over the past 5 years the exports of Belarus to Chinese Taipei have decreased at an annualized rate of 2.18%,  from $23.3M in 2018 to $20.9M in 2023.

In 2023, Belarus 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, Belarus ranked 33 in the Economic Complexity Index (ECI 0.81), and 114 in total exports ($7.61B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Chinese Taipei exported $17.2M to Belarus. The main products exported from Chinese Taipei to Belarus were Machinery Having Individual Functions ($2.04M), Office Machine Parts ($1.82M), and Forging Machines ($913k). During the last 5 years the exports of Chinese Taipei to Belarus have decreased at an annualized rate of 28.8%, from $93.9M in 2018 to $17.2M in 2023.

In 2018, Belarus exported $20.9M to Chinese Taipei. The main products exported from Belarus to Chinese Taipei were Potassic Fertilizers ($19M), Aircraft parts (gliders, balloons, and powered aircraft) ($1.04M), and Integrated Circuits ($169k). During the last 5 years the exports of Belarus to Chinese Taipei have decreased at an annualized rate of 2.18%, from $23.3M in 2023 to $20.9M in 2018.

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

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

Market Competitiveness

Color
Chinese Taipei
Top Destination
China$101B
Belarus
Top Destination
China$2.6B

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

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

In 2023, countries that imported more from Belarus than Chinese Taipei included Kazakhstan ($757M), Uzbekistan ($509M), and Azerbaijan ($325M).

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

Comparative Advantage Chinese Taipei - Belarus

Flow
Scale

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

During 2023, Chinese Taipei had a large net trade with Belarus in the exports of Machines ($9.75M), Metals ($2.61M), and Textiles ($1.2M).

During 2018, Belarus had a large net trade with Chinese Taipei in the exports of Chemical Products ($19M), Transportation ($1.04M), and Machines ($250k).

Economic Complexity

Competitive Landscape

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

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

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