2023
Flag
 GDP
$407BCURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 146 / 195
2023
Flag
GDP PC
$68,454CURRENT US$
Rnk 14 / 196
2013-2023
Flag
GDP PC GROWTH
11.5%CURRENT US$
Rnk 129 / 195

About

Chinese Taipei-Denmark Trade: In 2023, Chinese Taipei exported $557M to Denmark. The main products that Chinese Taipei exported to Denmark were Passenger and Cargo Ships ($71.1M), Broadcasting Equipment ($36.7M), and Iron Fasteners ($23.5M). Over the past 5 years the exports of Chinese Taipei to Denmark have increased at an annualized rate of 4.13%, from $455M in 2018 to $557M in 2023.

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

Denmark-Chinese Taipei Trade: In 2023, Denmark exported $734M to Chinese Taipei. The main products that Denmark exported to Chinese Taipei were Electric Generating Sets ($229M), Packaged Medicaments ($110M), and Pig Meat ($31.8M). Over the past 5 years the exports of Denmark to Chinese Taipei have increased at an annualized rate of 16.6%,  from $340M in 2018 to $734M in 2023.

In 2023, Denmark 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, Denmark ranked 22 in the Economic Complexity Index (ECI 1.13), and 37 in total exports ($118B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Chinese Taipei exported $557M to Denmark. The main products exported from Chinese Taipei to Denmark were Passenger and Cargo Ships ($71.1M), Broadcasting Equipment ($36.7M), and Iron Fasteners ($23.5M). During the last 5 years the exports of Chinese Taipei to Denmark have increased at an annualized rate of 4.13%, from $455M in 2018 to $557M in 2023.

In 2018, Denmark exported $734M to Chinese Taipei. The main products exported from Denmark to Chinese Taipei were Electric Generating Sets ($229M), Packaged Medicaments ($110M), and Pig Meat ($31.8M). During the last 5 years the exports of Denmark to Chinese Taipei have increased at an annualized rate of 16.6%, from $340M in 2023 to $734M in 2018.

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

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

Market Competitiveness

Color
Chinese Taipei
Top Destination
China$101B
Denmark
Top Destination
Germany$14.8B

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

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

In 2023, countries that imported more from Denmark than Chinese Taipei included Sweden ($11.2B), Norway ($4.75B), and Poland ($4.6B).

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

Comparative Advantage Chinese Taipei - Denmark

Flow
Scale

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

During 2023, Chinese Taipei had a large net trade with Denmark in the exports of Machines ($207M), Transportation ($132M), and Metals ($106M).

During 2018, Denmark had a large net trade with Chinese Taipei in the exports of Machines ($368M), Chemical Products ($160M), and Animal Products ($75.3M).

Economic Complexity

Competitive Landscape

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

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

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