2023
Flag
 GDP
$405BCURRENT US$
Rnk 36 / 195
2013-2023
Flag
GDP GROWTH
-19.1%CURRENT US$
Rnk 189 / 195
2023
Flag
GDP PC
$4,466CURRENT US$
Rnk 125 / 196
2013-2023
Flag
GDP PC GROWTH
-28.2%CURRENT US$
Rnk 186 / 195

About

Chinese Taipei-Iran Trade: In 2023, Chinese Taipei exported $61.1M to Iran. The main products that Chinese Taipei exported to Iran were Iron Fasteners ($5.82M), Other Plastic Products ($3.58M), and Reaction and Catalytic Products ($3.51M). Over the past 5 years the exports of Chinese Taipei to Iran have decreased at an annualized rate of 32%, from $420M in 2018 to $61.1M in 2023.

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

Iran-Chinese Taipei Trade: In 2023, Iran exported $20.4M to Chinese Taipei. The main products that Iran exported to Chinese Taipei were Petroleum Coke ($13.9M), Vegetable Alkaloids ($1.67M), and Copper Plating ($842k). Over the past 5 years the exports of Iran to Chinese Taipei have decreased at an annualized rate of 60%,  from $2B in 2018 to $20.4M in 2023.

In 2023, Iran 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, Iran ranked 58 in the Economic Complexity Index (ECI 0.084), and 92 in total exports ($13.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Chinese Taipei exported $61.1M to Iran. The main products exported from Chinese Taipei to Iran were Iron Fasteners ($5.82M), Other Plastic Products ($3.58M), and Reaction and Catalytic Products ($3.51M). During the last 5 years the exports of Chinese Taipei to Iran have decreased at an annualized rate of 32%, from $420M in 2018 to $61.1M in 2023.

In 2018, Iran exported $20.4M to Chinese Taipei. The main products exported from Iran to Chinese Taipei were Petroleum Coke ($13.9M), Vegetable Alkaloids ($1.67M), and Copper Plating ($842k). During the last 5 years the exports of Iran to Chinese Taipei have decreased at an annualized rate of 60%, from $2B in 2023 to $20.4M in 2018.

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

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

Market Competitiveness

Color
Chinese Taipei
Top Destination
China$101B
Iran
Top Destination
China$4.59B

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

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

In 2023, countries that imported more from Iran than Chinese Taipei included Armenia ($597M), Pakistan ($943M), and Azerbaijan ($473M).

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

Comparative Advantage Chinese Taipei - Iran

Flow
Scale

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

During 2023, Chinese Taipei had a large net trade with Iran in the exports of Machines ($21M), Plastics and Rubbers ($10.7M), and Metals ($10M).

During 2018, Iran had a large net trade with Chinese Taipei in the exports of Mineral Products ($14.8M), Chemical Products ($1.75M), and Metals ($1.7M).

Economic Complexity

Competitive Landscape

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

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

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