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2023
Flag → Flag
Exports $8.25BRnk 13 / 212
2023
Flag → Flag
Top Product $3.57BIntegrated Circuits
2023
Flag → Flag
Exports $2.15BRnk 43 / 220
2023
Flag → Flag
Top Product $329MRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI 2Rnk 2 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.65Rnk 39 / 132
2023
Flag
 GDP$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH92.1%CURRENT US$
Rnk 19 / 195
2023
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GDP PC$2,481CURRENT US$
Rnk 148 / 196
2013-2023
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GDP PC GROWTH73.1%CURRENT US$
Rnk 22 / 195

About

Chinese Taipei-India Trade: In 2023, Chinese Taipei exported $8.25B to India. The main products that Chinese Taipei exported to India were Integrated Circuits ($3.57B), Vinyl Chloride Polymers ($402M), and Polycarboxylic Acids ($311M). Over the past 5 years the exports of Chinese Taipei to India have increased at an annualized rate of 12%, from $4.68B in 2018 to $8.25B in 2023.

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

India-Chinese Taipei Trade: In 2023, India exported $2.15B to Chinese Taipei. The main products that India exported to Chinese Taipei were Refined Petroleum ($329M), Raw Aluminium ($206M), and Ferroalloys ($115M). Over the past 5 years the exports of India to Chinese Taipei have decreased at an annualized rate of 8.56%,  from $3.36B in 2018 to $2.15B in 2023.

In 2023, India 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, India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Chinese Taipei exported $8.25B to India. The main products exported from Chinese Taipei to India were Integrated Circuits ($3.57B), Vinyl Chloride Polymers ($402M), and Polycarboxylic Acids ($311M). During the last 5 years the exports of Chinese Taipei to India have increased at an annualized rate of 12%, from $4.68B in 2018 to $8.25B in 2023.

In 2018, India exported $2.15B to Chinese Taipei. The main products exported from India to Chinese Taipei were Refined Petroleum ($329M), Raw Aluminium ($206M), and Ferroalloys ($115M). During the last 5 years the exports of India to Chinese Taipei have decreased at an annualized rate of 8.56%, from $3.36B in 2023 to $2.15B in 2018.

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

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

Market Competitiveness

Color
Chinese Taipei
Top DestinationChina$101B
India
Top DestinationUnited States$85.5B

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

In 2023, countries that imported more from Chinese Taipei than India included China ($101B), Hong Kong ($66.1B), and Singapore ($47B).

In 2023, countries that imported more from India than Chinese Taipei included United Arab Emirates ($28.8B), Bangladesh ($11.3B), and Saudi Arabia ($11.4B).

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

Comparative Advantage Chinese Taipei - India

Flow
Scale

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

During 2023, Chinese Taipei had a large net trade with India in the exports of Machines ($5.21B), Chemical Products ($1.08B), and Plastics and Rubbers ($972M).

During 2018, India had a large net trade with Chinese Taipei in the exports of Metals ($528M), Mineral Products ($390M), and Machines ($335M).

Economic Complexity

Competitive Landscape

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

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

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