2022
Flag
 GDP
$906BCURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP GROWTH
2.89%CURRENT US$
Rnk 160 / 186
2022
Flag
GDP PC
$10,616CURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP PC GROWTH
-9.24%CURRENT US$
Rnk 162 / 186

About

Chinese Taipei-Turkey Trade: In 2022, Chinese Taipei exported $1.97B to Turkey. The main products that Chinese Taipei exported to Turkey were Integrated Circuits ($200M), Metalworking Transfer Machines ($160M), and Metal Lathes ($104M). Over the past 5 years the exports of Chinese Taipei to Turkey have increased at an annualized rate of 1.18%, from $1.86B in 2017 to $1.97B in 2022.

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

Turkey-Chinese Taipei Trade: In 2022, Turkey exported $263M to Chinese Taipei. The main products that Turkey exported to Chinese Taipei were Cars ($38.1M), Particle Board ($17.1M), and Non-Retail Synthetic Filament Yarn ($15.5M). Over the past 5 years the exports of Turkey to Chinese Taipei have increased at an annualized rate of 1.91%,  from $239M in 2017 to $263M in 2022.

In 2022, Turkey 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, Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Chinese Taipei exported $1.97B to Turkey. The main products exported from Chinese Taipei to Turkey were Integrated Circuits ($200M), Metalworking Transfer Machines ($160M), and Metal Lathes ($104M). During the last 5 years the exports of Chinese Taipei to Turkey have increased at an annualized rate of 1.18%, from $1.86B in 2017 to $1.97B in 2022.

In 2017, Turkey exported $263M to Chinese Taipei. The main products exported from Turkey to Chinese Taipei were Cars ($38.1M), Particle Board ($17.1M), and Non-Retail Synthetic Filament Yarn ($15.5M). During the last 5 years the exports of Turkey to Chinese Taipei have increased at an annualized rate of 1.91%, from $239M in 2022 to $263M in 2017.

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

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

Market Competitiveness

Color
Chinese Taipei
Top Destination
China$121B
Turkey
Top Destination
Germany$21.9B

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

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

In 2022, countries that imported more from Turkey than Chinese Taipei included Iraq ($13.7B), Germany ($21.9B), and Italy ($12.6B).

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

Comparative Advantage Chinese Taipei - Turkey

Flow
Scale

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

During 2022, Chinese Taipei had a large net trade with Turkey in the exports of Machines ($1.03B), Plastics and Rubbers ($317M), and Metals ($192M).

During 2017, Turkey had a large net trade with Chinese Taipei in the exports of Metals ($46.3M), Transportation ($43.2M), and Textiles ($28.9M).

Economic Complexity

Competitive Landscape

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

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

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