2022
Flag
 GDP
$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH
85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
GDP PC
$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH
66.6%CURRENT US$
Rnk 20 / 186

About

Chinese Taipei-India Trade: In 2022, Chinese Taipei exported $6.11B to India. The main products that Chinese Taipei exported to India were Integrated Circuits ($937M), Vinyl Chloride Polymers ($408M), and Polycarboxylic Acids ($402M). Over the past 5 years the exports of Chinese Taipei to India have increased at an annualized rate of 11.6%, from $3.54B in 2017 to $6.11B in 2022.

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

India-Chinese Taipei Trade: In 2022, India exported $2.9B to Chinese Taipei. The main products that India exported to Chinese Taipei were Refined Petroleum ($977M), Raw Aluminium ($254M), and Ferroalloys ($177M). Over the past 5 years the exports of India to Chinese Taipei have decreased at an annualized rate of 0.6%,  from $2.98B in 2017 to $2.9B in 2022.

In 2022, India 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, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Chinese Taipei exported $6.11B to India. The main products exported from Chinese Taipei to India were Integrated Circuits ($937M), Vinyl Chloride Polymers ($408M), and Polycarboxylic Acids ($402M). During the last 5 years the exports of Chinese Taipei to India have increased at an annualized rate of 11.6%, from $3.54B in 2017 to $6.11B in 2022.

In 2017, India exported $2.9B to Chinese Taipei. The main products exported from India to Chinese Taipei were Refined Petroleum ($977M), Raw Aluminium ($254M), and Ferroalloys ($177M). During the last 5 years the exports of India to Chinese Taipei have decreased at an annualized rate of 0.6%, from $2.98B in 2022 to $2.9B in 2017.

Exports from Chinese Taipei (Flag) to India (Flag) (2022)

Exports from India (Flag) to Chinese Taipei (Flag) (2022)

Market Competitiveness

Color
Chinese Taipei
Top Destination
China$121B
India
Top Destination
United States$82.9B

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 2022, countries that imported more from Chinese Taipei than India included China ($121B), Hong Kong ($65.8B), and Japan ($34.9B).

In 2022, countries that imported more from India than Chinese Taipei included United Arab Emirates ($31.6B), Bangladesh ($13.8B), and Netherlands ($17.6B).

Difference in imports from India (Flag) and Chinese Taipei (Flag) (2022)

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 2022, Chinese Taipei had a large net trade with India in the exports of Machines ($2.66B), Chemical Products ($1.3B), and Plastics and Rubbers ($963M).

During 2017, India had a large net trade with Chinese Taipei in the exports of Mineral Products ($1.08B), Metals ($693M), and Chemical Products ($376M).

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) (2022)

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