2023
Flag
 GDP
$2.3TCURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP GROWTH
6.86%CURRENT US$
Rnk 165 / 195
2023
Flag
GDP PC
$39,003CURRENT US$
Rnk 32 / 196
2013-2023
Flag
GDP PC GROWTH
9.11%CURRENT US$
Rnk 136 / 195

About

Chinese Taipei-Italy Trade: In 2023, Chinese Taipei exported $2.76B to Italy. The main products that Chinese Taipei exported to Italy were Large Flat-Rolled Stainless Steel ($223M), Hot-Rolled Iron ($208M), and Bi-Wheel Vehicle Parts ($169M). Over the past 5 years the exports of Chinese Taipei to Italy have increased at an annualized rate of 1.84%, from $2.52B in 2018 to $2.76B in 2023.

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

Italy-Chinese Taipei Trade: In 2023, Italy exported $3.05B to Chinese Taipei. The main products that Italy exported to Chinese Taipei were Packaged Medicaments ($344M), Trunks and Cases ($308M), and Integrated Circuits ($213M). Over the past 5 years the exports of Italy to Chinese Taipei have increased at an annualized rate of 3.08%,  from $2.32B in 2018 to $3.05B in 2023.

In 2023, Italy 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, Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Chinese Taipei exported $2.76B to Italy. The main products exported from Chinese Taipei to Italy were Large Flat-Rolled Stainless Steel ($223M), Hot-Rolled Iron ($208M), and Bi-Wheel Vehicle Parts ($169M). During the last 5 years the exports of Chinese Taipei to Italy have increased at an annualized rate of 1.84%, from $2.52B in 2018 to $2.76B in 2023.

In 2018, Italy exported $3.05B to Chinese Taipei. The main products exported from Italy to Chinese Taipei were Packaged Medicaments ($344M), Trunks and Cases ($308M), and Integrated Circuits ($213M). During the last 5 years the exports of Italy to Chinese Taipei have increased at an annualized rate of 3.08%, from $2.32B in 2023 to $3.05B in 2018.

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

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

Market Competitiveness

Color
Chinese Taipei
Top Destination
China$101B
Italy
Top Destination
Germany$71.4B

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

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

In 2023, countries that imported more from Italy than Chinese Taipei included France ($61.1B), Germany ($71.4B), and Spain ($30.1B).

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

Comparative Advantage Chinese Taipei - Italy

Flow
Scale

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

During 2023, Chinese Taipei had a large net trade with Italy in the exports of Machines ($978M), Metals ($873M), and Transportation ($341M).

During 2018, Italy had a large net trade with Chinese Taipei in the exports of Machines ($744M), Chemical Products ($562M), and Animal Hides ($336M).

Economic Complexity

Competitive Landscape

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

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

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