2023
Flag
 GDP
$430BCURRENT US$
Rnk 34 / 195
2013-2023
Flag
GDP GROWTH
101%CURRENT US$
Rnk 13 / 195
2023
Flag
GDP PC
$4,282CURRENT US$
Rnk 128 / 196
2013-2023
Flag
GDP PC GROWTH
81.5%CURRENT US$
Rnk 15 / 195

About

Chinese Taipei-Vietnam Trade: In 2023, Chinese Taipei exported $11.6B to Vietnam. The main products that Chinese Taipei exported to Vietnam were Integrated Circuits ($2.77B), Light Rubberized Knitted Fabric ($625M), and Mirrors and Lenses ($478M). Over the past 5 years the exports of Chinese Taipei to Vietnam have decreased at an annualized rate of 2.36%, from $13.1B in 2018 to $11.6B in 2023.

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

Vietnam-Chinese Taipei Trade: In 2023, Vietnam exported $5.73B to Chinese Taipei. The main products that Vietnam exported to Chinese Taipei were Integrated Circuits ($795M), Office Machine Parts ($448M), and Broadcasting Equipment ($310M). Over the past 5 years the exports of Vietnam to Chinese Taipei have increased at an annualized rate of 8.72%,  from $3.77B in 2018 to $5.73B in 2023.

In 2023, Vietnam 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, Vietnam ranked 60 in the Economic Complexity Index (ECI 0.067), and 15 in total exports ($424B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Chinese Taipei exported $11.6B to Vietnam. The main products exported from Chinese Taipei to Vietnam were Integrated Circuits ($2.77B), Light Rubberized Knitted Fabric ($625M), and Mirrors and Lenses ($478M). During the last 5 years the exports of Chinese Taipei to Vietnam have decreased at an annualized rate of 2.36%, from $13.1B in 2018 to $11.6B in 2023.

In 2018, Vietnam exported $5.73B to Chinese Taipei. The main products exported from Vietnam to Chinese Taipei were Integrated Circuits ($795M), Office Machine Parts ($448M), and Broadcasting Equipment ($310M). During the last 5 years the exports of Vietnam to Chinese Taipei have increased at an annualized rate of 8.72%, from $3.77B in 2023 to $5.73B in 2018.

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

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

Market Competitiveness

Color
Chinese Taipei
Top Destination
China$101B
Vietnam
Top Destination
United States$118B

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

In 2023, countries that imported more from Chinese Taipei than Vietnam included Hong Kong ($66.1B), Singapore ($47B), and South Korea ($18B).

In 2023, countries that imported more from Vietnam than Chinese Taipei included United States ($118B), United Arab Emirates ($11B), and Canada ($9.81B).

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

Comparative Advantage Chinese Taipei - Vietnam

Flow
Scale

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

During 2023, Chinese Taipei had a large net trade with Vietnam in the exports of Machines ($4.75B), Textiles ($1.73B), and Plastics and Rubbers ($1.39B).

During 2018, Vietnam had a large net trade with Chinese Taipei in the exports of Machines ($2.58B), Metals ($545M), and Textiles ($490M).

Economic Complexity

Competitive Landscape

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

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

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