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2022
Flag → Flag
Exports $5.16BRnk 18 / 210
2022
Flag → Flag
Top Product $669MBroadcasting Equipment
2022
Flag → Flag
Exports $2.13BRnk 31 / 224
2022
Flag → Flag
Top Product $430MHard Liquor
2022
Flag
Economic Complexity (ECI) ECI 1.94Rnk 3 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
Flag
 GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186

About

Chinese Taipei-United Kingdom Trade: In 2022, Chinese Taipei exported $5.16B to United Kingdom. The main products that Chinese Taipei exported to United Kingdom were Broadcasting Equipment ($669M), Office Machine Parts ($374M), and Integrated Circuits ($305M). Over the past 5 years the exports of Chinese Taipei to United Kingdom have increased at an annualized rate of 4.11%, from $4.22B in 2017 to $5.16B in 2022.

In 2022, Chinese Taipei did not export any services to United Kingdom.

United Kingdom-Chinese Taipei Trade: In 2022, United Kingdom exported $2.13B to Chinese Taipei. The main products that United Kingdom exported to Chinese Taipei were Hard Liquor ($430M), Cars ($173M), and Packaged Medicaments ($111M). Over the past 5 years the exports of United Kingdom to Chinese Taipei have increased at an annualized rate of 4.73%,  from $1.69B in 2017 to $2.13B in 2022.

In 2022, United Kingdom did not export any services to Chinese Taipei.

Comparison: In 2022,  Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B). That same year, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Chinese Taipei exported $5.16B to United Kingdom. The main products exported from Chinese Taipei to United Kingdom were Broadcasting Equipment ($669M), Office Machine Parts ($374M), and Integrated Circuits ($305M). During the last 5 years the exports of Chinese Taipei to United Kingdom have increased at an annualized rate of 4.11%, from $4.22B in 2017 to $5.16B in 2022.

In 2017, United Kingdom exported $2.13B to Chinese Taipei. The main products exported from United Kingdom to Chinese Taipei were Hard Liquor ($430M), Cars ($173M), and Packaged Medicaments ($111M). During the last 5 years the exports of United Kingdom to Chinese Taipei have increased at an annualized rate of 4.73%, from $1.69B in 2022 to $2.13B in 2017.

Exports from Chinese Taipei (Flag) to United Kingdom (Flag) (2022)

Exports from United Kingdom (Flag) to Chinese Taipei (Flag) (2022)

Market Competitiveness

Color
Chinese Taipei
Top DestinationChina$121B
United Kingdom
Top DestinationUnited States$61.8B

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

In 2022, countries that imported more from Chinese Taipei than United Kingdom included China ($121B), Hong Kong ($65.8B), and Singapore ($38.6B).

In 2022, countries that imported more from United Kingdom than Chinese Taipei included Netherlands ($41.9B), Ireland ($32.6B), and Germany ($40.6B).

Difference in imports from United Kingdom (Flag) and Chinese Taipei (Flag) (2022)

Comparative Advantage Chinese Taipei - United Kingdom

Flow
Scale

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

During 2022, Chinese Taipei had a large net trade with United Kingdom in the exports of Machines ($2.7B), Metals ($772M), and Transportation ($569M).

During 2017, United Kingdom had a large net trade with Chinese Taipei in the exports of Machines ($548M), Foodstuffs ($465M), and Chemical Products ($301M).

Economic Complexity

Competitive Landscape

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

Product Space of Chinese Taipei (Flag) and United Kingdom (Flag) (2022)

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