2022
Flag
 GDP
$586BCURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP GROWTH
6.06%CURRENT US$
Rnk 151 / 186
2022
Flag
GDP PC
$55,873CURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP PC GROWTH
-3.73%CURRENT US$
Rnk 149 / 186

About

Chinese Taipei-Sweden Trade: In 2022, Chinese Taipei exported $1.02B to Sweden. The main products that Chinese Taipei exported to Sweden were Integrated Circuits ($126M), Iron Fasteners ($125M), and Broadcasting Equipment ($80.4M). Over the past 5 years the exports of Chinese Taipei to Sweden have increased at an annualized rate of 6.5%, from $744M in 2017 to $1.02B in 2022.

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

Sweden-Chinese Taipei Trade: In 2022, Sweden exported $892M to Chinese Taipei. The main products that Sweden exported to Chinese Taipei were Cars ($194M), Packaged Medicaments ($70.1M), and Tractors ($49.9M). Over the past 5 years the exports of Sweden to Chinese Taipei have increased at an annualized rate of 7.38%,  from $542M in 2017 to $892M in 2022.

In 2022, Sweden 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, Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Chinese Taipei exported $1.02B to Sweden. The main products exported from Chinese Taipei to Sweden were Integrated Circuits ($126M), Iron Fasteners ($125M), and Broadcasting Equipment ($80.4M). During the last 5 years the exports of Chinese Taipei to Sweden have increased at an annualized rate of 6.5%, from $744M in 2017 to $1.02B in 2022.

In 2017, Sweden exported $892M to Chinese Taipei. The main products exported from Sweden to Chinese Taipei were Cars ($194M), Packaged Medicaments ($70.1M), and Tractors ($49.9M). During the last 5 years the exports of Sweden to Chinese Taipei have increased at an annualized rate of 7.38%, from $542M in 2022 to $892M in 2017.

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

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

Market Competitiveness

Color
Chinese Taipei
Top Destination
China$121B
Sweden
Top Destination
Germany$19.2B

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

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

In 2022, countries that imported more from Sweden than Chinese Taipei included Norway ($18.7B), Denmark ($14.6B), and Finland ($13.4B).

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

Comparative Advantage Chinese Taipei - Sweden

Flow
Scale

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

During 2022, Chinese Taipei had a large net trade with Sweden in the exports of Machines ($465M), Metals ($279M), and Transportation ($76.5M).

During 2017, Sweden had a large net trade with Chinese Taipei in the exports of Transportation ($342M), Machines ($206M), and Chemical Products ($118M).

Economic Complexity

Competitive Landscape

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

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

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