2023
Flag
 GDP
$485BCURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP GROWTH
-7.74%CURRENT US$
Rnk 180 / 195
2023
Flag
GDP PC
$87,925CURRENT US$
Rnk 7 / 196
2013-2023
Flag
GDP PC GROWTH
-15.1%CURRENT US$
Rnk 171 / 195

About

Chinese Taipei-Norway Trade: In 2023, Chinese Taipei exported $625M to Norway. The main products that Chinese Taipei exported to Norway were Broadcasting Equipment ($105M), Computers ($68.5M), and Integrated Circuits ($64.2M). Over the past 5 years the exports of Chinese Taipei to Norway have increased at an annualized rate of 6.38%, from $459M in 2018 to $625M in 2023.

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

Norway-Chinese Taipei Trade: In 2023, Norway exported $405M to Chinese Taipei. The main products that Norway exported to Chinese Taipei were Non-fillet Fresh Fish ($153M), Crude Petroleum ($79.3M), and Ferroalloys ($45.8M). Over the past 5 years the exports of Norway to Chinese Taipei have increased at an annualized rate of 8.15%,  from $274M in 2018 to $405M in 2023.

In 2023, Norway 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, Norway ranked 44 in the Economic Complexity Index (ECI 0.47), and 33 in total exports ($187B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Chinese Taipei exported $625M to Norway. The main products exported from Chinese Taipei to Norway were Broadcasting Equipment ($105M), Computers ($68.5M), and Integrated Circuits ($64.2M). During the last 5 years the exports of Chinese Taipei to Norway have increased at an annualized rate of 6.38%, from $459M in 2018 to $625M in 2023.

In 2018, Norway exported $405M to Chinese Taipei. The main products exported from Norway to Chinese Taipei were Non-fillet Fresh Fish ($153M), Crude Petroleum ($79.3M), and Ferroalloys ($45.8M). During the last 5 years the exports of Norway to Chinese Taipei have increased at an annualized rate of 8.15%, from $274M in 2023 to $405M in 2018.

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

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

Market Competitiveness

Color
Chinese Taipei
Top Destination
China$101B
Norway
Top Destination
Germany$33.8B

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

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

In 2023, countries that imported more from Norway than Chinese Taipei included United Kingdom ($32.6B), Germany ($33.8B), and Sweden ($15.9B).

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

Comparative Advantage Chinese Taipei - Norway

Flow
Scale

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

During 2023, Chinese Taipei had a large net trade with Norway in the exports of Machines ($370M), Metals ($108M), and Transportation ($49.4M).

During 2018, Norway had a large net trade with Chinese Taipei in the exports of Animal Products ($195M), Mineral Products ($80.3M), and Metals ($64M).

Economic Complexity

Competitive Landscape

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

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

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