2023
Flag
 GDP
$1.62TCURRENT US$
Rnk 15 / 195
2013-2023
Flag
GDP GROWTH
18.9%CURRENT US$
Rnk 143 / 195
2023
Flag
GDP PC
$33,509CURRENT US$
Rnk 40 / 196
2013-2023
Flag
GDP PC GROWTH
14.7%CURRENT US$
Rnk 119 / 195

About

Chinese Taipei-Spain Trade: In 2023, Chinese Taipei exported $2.06B to Spain. The main products that Chinese Taipei exported to Spain were Coated Flat-Rolled Iron ($231M), Broadcasting Equipment ($180M), and Bi-Wheel Vehicle Parts ($168M). Over the past 5 years the exports of Chinese Taipei to Spain have increased at an annualized rate of 5.17%, from $1.6B in 2018 to $2.06B in 2023.

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

Spain-Chinese Taipei Trade: In 2023, Spain exported $916M to Chinese Taipei. The main products that Spain exported to Chinese Taipei were Cars ($102M), Pig Meat ($100M), and Packaged Medicaments ($72.7M). Over the past 5 years the exports of Spain to Chinese Taipei have increased at an annualized rate of 6.02%,  from $684M in 2018 to $916M in 2023.

In 2023, Spain 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, Spain ranked 31 in the Economic Complexity Index (ECI 0.86), and 16 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Chinese Taipei exported $2.06B to Spain. The main products exported from Chinese Taipei to Spain were Coated Flat-Rolled Iron ($231M), Broadcasting Equipment ($180M), and Bi-Wheel Vehicle Parts ($168M). During the last 5 years the exports of Chinese Taipei to Spain have increased at an annualized rate of 5.17%, from $1.6B in 2018 to $2.06B in 2023.

In 2018, Spain exported $916M to Chinese Taipei. The main products exported from Spain to Chinese Taipei were Cars ($102M), Pig Meat ($100M), and Packaged Medicaments ($72.7M). During the last 5 years the exports of Spain to Chinese Taipei have increased at an annualized rate of 6.02%, from $684M in 2023 to $916M in 2018.

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

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

Market Competitiveness

Color
Chinese Taipei
Top Destination
China$101B
Spain
Top Destination
France$61.9B

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

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

In 2023, countries that imported more from Spain than Chinese Taipei included France ($61.9B), Portugal ($38.1B), and Italy ($34.7B).

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

Comparative Advantage Chinese Taipei - Spain

Flow
Scale

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

During 2023, Chinese Taipei had a large net trade with Spain in the exports of Machines ($731M), Metals ($669M), and Transportation ($257M).

During 2018, Spain had a large net trade with Chinese Taipei in the exports of Machines ($193M), Chemical Products ($159M), and Transportation ($154M).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with