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2023
Flag → Flag
Exports $780MRnk 37 / 212
2023
Flag → Flag
Top Product $38.9MElectrical Power Accessories
2023
Flag → Flag
Exports $4.28BRnk 15 / 137
2023
Flag → Flag
Top Product $1.14BCoal Briquettes
2023
Flag
Economic Complexity (ECI) ECI 2Rnk 2 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.3Rnk 50 / 132
2023
Flag
 GDP$2.02TCURRENT US$
Rnk 11 / 195
2013-2023
Flag
GDP GROWTH-11.8%CURRENT US$
Rnk 183 / 195
2023
Flag
GDP PC$13,817CURRENT US$
Rnk 74 / 196
2013-2023
Flag
GDP PC GROWTH-13.3%CURRENT US$
Rnk 170 / 195

About

Chinese Taipei-Russia Trade: In 2023, Chinese Taipei exported $780M to Russia. The main products that Chinese Taipei exported to Russia were Electrical Power Accessories ($38.9M), Motor vehicles; parts and accessories (8701 to 8705) ($37.1M), and Office Machine Parts ($36.6M). Over the past 5 years the exports of Chinese Taipei to Russia have decreased at an annualized rate of 17.1%, from $1.99B in 2018 to $780M in 2023.

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

Russia-Chinese Taipei Trade: In 2023, Russia exported $4.28B to Chinese Taipei. The main products that Russia exported to Chinese Taipei were Coal Briquettes ($1.14B), Refined Petroleum ($1.06B), and Semi-Finished Iron ($951M). Over the past 5 years the exports of Russia to Chinese Taipei have decreased at an annualized rate of 2.87%,  from $4.96B in 2018 to $4.28B in 2023.

In 2023, Russia 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, Russia ranked 50 in the Economic Complexity Index (ECI 0.3), and 18 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Chinese Taipei exported $780M to Russia. The main products exported from Chinese Taipei to Russia were Electrical Power Accessories ($38.9M), Motor vehicles; parts and accessories (8701 to 8705) ($37.1M), and Office Machine Parts ($36.6M). During the last 5 years the exports of Chinese Taipei to Russia have decreased at an annualized rate of 17.1%, from $1.99B in 2018 to $780M in 2023.

In 2018, Russia exported $4.28B to Chinese Taipei. The main products exported from Russia to Chinese Taipei were Coal Briquettes ($1.14B), Refined Petroleum ($1.06B), and Semi-Finished Iron ($951M). During the last 5 years the exports of Russia to Chinese Taipei have decreased at an annualized rate of 2.87%, from $4.96B in 2023 to $4.28B in 2018.

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

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

Market Competitiveness

Color
Chinese Taipei
Top DestinationChina$101B
Russia
Top DestinationChina$129B

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

In 2023, countries that imported more from Chinese Taipei than Russia included United States ($85.6B), Hong Kong ($66.1B), and Singapore ($47B).

In 2023, countries that imported more from Russia than Chinese Taipei included India ($66.1B), Turkey ($31B), and China ($129B).

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

Comparative Advantage Chinese Taipei - Russia

Flow
Scale

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

During 2023, Chinese Taipei had a large net trade with Russia in the exports of Machines ($406M), Metals ($168M), and Plastics and Rubbers ($68.9M).

During 2018, Russia had a large net trade with Chinese Taipei in the exports of Mineral Products ($2.5B), Metals ($1.6B), and Chemical Products ($139M).

Economic Complexity

Competitive Landscape

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

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

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