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2022
Flag → Flag
Exports $54.3MRnk 95 / 210
2022
Flag → Flag
Top Product $6.57MWrenches
2022
Flag → Flag
Exports $49.4MRnk 43 / 196
2022
Flag → Flag
Top Product $15.4MCopper Foil
2022
Flag
Economic Complexity (ECI) ECI 1.94Rnk 3 / 133
2022
Flag
 GDP$82.3BCURRENT US$
Rnk 71 / 186
2012-2022
Flag
GDP GROWTH37.6%CURRENT US$
Rnk 87 / 186
2022
Flag
GDP PC$126,426CURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP PC GROWTH12.3%CURRENT US$
Rnk 108 / 186

About

Chinese Taipei-Luxembourg Trade: In 2022, Chinese Taipei exported $54.3M to Luxembourg. The main products that Chinese Taipei exported to Luxembourg were Wrenches ($6.57M), Aircraft parts (gliders, balloons, and powered aircraft) ($5.55M), and Audio Alarms ($3.03M). Over the past 5 years the exports of Chinese Taipei to Luxembourg have decreased at an annualized rate of 22.6%, from $195M in 2017 to $54.3M in 2022.

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

Luxembourg-Chinese Taipei Trade: In 2022, Luxembourg exported $49.4M to Chinese Taipei. The main products that Luxembourg exported to Chinese Taipei were Copper Foil ($15.4M), Aircraft parts (gliders, balloons, and powered aircraft) ($8.73M), and Valves ($5.22M). Over the past 5 years the exports of Luxembourg to Chinese Taipei have increased at an annualized rate of 6.31%,  from $22.3M in 2017 to $49.4M in 2022.

In 2022, Luxembourg 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, Luxembourg ranked 78 in total exports ($20.5B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Chinese Taipei exported $54.3M to Luxembourg. The main products exported from Chinese Taipei to Luxembourg were Wrenches ($6.57M), Aircraft parts (gliders, balloons, and powered aircraft) ($5.55M), and Audio Alarms ($3.03M). During the last 5 years the exports of Chinese Taipei to Luxembourg have decreased at an annualized rate of 22.6%, from $195M in 2017 to $54.3M in 2022.

In 2017, Luxembourg exported $49.4M to Chinese Taipei. The main products exported from Luxembourg to Chinese Taipei were Copper Foil ($15.4M), Aircraft parts (gliders, balloons, and powered aircraft) ($8.73M), and Valves ($5.22M). During the last 5 years the exports of Luxembourg to Chinese Taipei have increased at an annualized rate of 6.31%, from $22.3M in 2022 to $49.4M in 2017.

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

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

Market Competitiveness

Color
Chinese Taipei
Top DestinationChina$121B
Luxembourg
Top DestinationGermany$4.15B

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

In 2022, countries that imported more from Chinese Taipei than Luxembourg included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

In 2022, countries that imported more from Luxembourg than Chinese Taipei included Oman ($263M), North Macedonia ($55.8M), and Gibraltar ($7.71M).

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

Comparative Advantage Chinese Taipei - Luxembourg

Flow
Scale

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

During 2022, Chinese Taipei had a large net trade with Luxembourg in the exports of Machines ($19.7M), Transportation ($11.8M), and Metals ($10.9M).

During 2017, Luxembourg had a large net trade with Chinese Taipei in the exports of Metals ($24.2M), Transportation ($8.85M), and Machines ($7.57M).

Economic Complexity

Competitive Landscape

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

Product Space of Chinese Taipei (Flag) and Luxembourg (Flag) (2022)

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