Chinese Taipei (TWN) and Australia (AUS) Trade | The Observatory of Economic Complexity

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Chinese Taipei-Australia Trade: In 2022, Chinese Taipei exported $7.82B to Australia. The main products that Chinese Taipei exported to Australia were Refined Petroleum ($3.48B), Broadcasting Equipment ($248M), and Sodium or Potassium Peroxides ($207M). Over the past 5 years the exports of Chinese Taipei to Australia have increased at an annualized rate of 18.9%, from $3.29B in 2017 to $7.82B in 2022.

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

Australia-Chinese Taipei Trade: In 2022, Australia exported $24.1B to Chinese Taipei. The main products that Australia exported to Chinese Taipei were Coal Briquettes ($9.78B), Petroleum Gas ($9.42B), and Iron Ore ($1.78B). Over the past 5 years the exports of Australia to Chinese Taipei have increased at an annualized rate of 25.4%, from $7.79B in 2017 to $24.1B in 2022.

In 2022, Australia 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, Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Chinese Taipei exported $7.82B to Australia. The main products exported from Chinese Taipei to Australia were Refined Petroleum ($3.48B), Broadcasting Equipment ($248M), and Sodium or Potassium Peroxides ($207M). During the last 5 years the exports of Chinese Taipei to Australia have increased at an annualized rate of 18.9%, from $3.29B in 2017 to $7.82B in 2022.

In 2017, Australia exported $24.1B to Chinese Taipei. The main products exported from Australia to Chinese Taipei were Coal Briquettes ($9.78B), Petroleum Gas ($9.42B), and Iron Ore ($1.78B). During the last 5 years the exports of Australia to Chinese Taipei have increased at an annualized rate of 25.4%, from $7.79B in 2022 to $24.1B in 2017.

Exports from Chinese Taipei () to Australia () (2022)

Exports from Australia () to Chinese Taipei () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Chinese Taipei
Top DestinationChina$121B

Australia
Top DestinationChina$123B

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

In 2022, countries that imported more from Chinese Taipei than Australia included United States ($82.6B), Hong Kong ($65.8B), and Singapore ($38.6B).

In 2022, countries that imported more from Australia than Chinese Taipei included Japan ($80.1B), India ($31.5B), and South Korea ($41B).

Difference in imports from Australia () and Chinese Taipei () (2022)

Comparative Advantage Chinese Taipei - Australia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Chinese Taipei had a large net trade with Australia in the exports of Mineral Products ($3.56B), Machines ($1.28B), and Metals ($827M).

During 2017, Australia had a large net trade with Chinese Taipei in the exports of Mineral Products ($21.5B), Metals ($1.45B), and Animal Products ($418M).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Chinese Taipei () to Australia () (2022)

Exports from Australia () to Chinese Taipei () (2022)

Market Competitiveness

Difference in imports from Australia () and Chinese Taipei () (2022)

Comparative Advantage Chinese Taipei - Australia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Chinese Taipei () and Australia () (2022)

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