NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $1.65MRnk 170 / 212
2023
Flag → Flag
Top Product $395kRubberworking Machinery
2023
Flag → Flag
Exports $125kRnk 38 / 92
2023
Flag → Flag
Top Product $98kScrap Copper
2023
Flag
Economic Complexity (ECI) ECI 2Rnk 2 / 132
2023
Flag
 GDP$11BCURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP GROWTH117%CURRENT US$
Rnk 8 / 195
2023
Flag
GDP PC$597CURRENT US$
Rnk 191 / 196
2013-2023
Flag
GDP PC GROWTH51.9%CURRENT US$
Rnk 45 / 195

About

Chinese Taipei-Somalia Trade: In 2023, Chinese Taipei exported $1.65M to Somalia. The main products that Chinese Taipei exported to Somalia were Rubberworking Machinery ($395k), Rice ($355k), and Medical Instruments ($266k). Over the past 5 years the exports of Chinese Taipei to Somalia have increased at an annualized rate of 12.4%, from $924k in 2018 to $1.65M in 2023.

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

Somalia-Chinese Taipei Trade: In 2023, Somalia exported $125k to Chinese Taipei. The main products that Somalia exported to Chinese Taipei were Scrap Copper ($98k), Essential Oils ($27.3k), and Motor vehicles; parts and accessories (8701 to 8705) ($128). Over the past 5 years the exports of Somalia to Chinese Taipei have decreased at an annualized rate of 17.8%,  from $494k in 2018 to $125k in 2023.

In 2023, Somalia 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, Somalia ranked 161 in total exports ($1.03B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Chinese Taipei exported $1.65M to Somalia. The main products exported from Chinese Taipei to Somalia were Rubberworking Machinery ($395k), Rice ($355k), and Medical Instruments ($266k). During the last 5 years the exports of Chinese Taipei to Somalia have increased at an annualized rate of 12.4%, from $924k in 2018 to $1.65M in 2023.

In 2018, Somalia exported $125k to Chinese Taipei. The main products exported from Somalia to Chinese Taipei were Scrap Copper ($98k), Essential Oils ($27.3k), and Motor vehicles; parts and accessories (8701 to 8705) ($128). During the last 5 years the exports of Somalia to Chinese Taipei have decreased at an annualized rate of 17.8%, from $494k in 2023 to $125k in 2018.

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

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

Market Competitiveness

Color
Chinese Taipei
Top DestinationChina$101B
Somalia
Top DestinationUnited Arab Emirates$360M

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

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

In 2023, countries that imported more from Somalia than Chinese Taipei included Oman ($180M) and Djibouti ($84.2M).

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

Comparative Advantage Chinese Taipei - Somalia

Flow
Scale

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

During 2023, Chinese Taipei had a large net trade with Somalia in the exports of Machines ($566k), Vegetable Products ($358k), and Instruments ($300k).

During 2018, Somalia had a large net trade with Chinese Taipei in the exports of Metals ($98k), Chemical Products ($27.3k), and Transportation ($128).

Economic Complexity

Competitive Landscape

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

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms