Chinese Taipei (TWN) and Spain (ESP) Trade | The Observatory of Economic Complexity

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Chinese Taipei-Spain Trade: In 2022, Chinese Taipei exported $2.18B to Spain. The main products that Chinese Taipei exported to Spain were Coated Flat-Rolled Iron ($261M), Bi-Wheel Vehicle Parts ($246M), and Hot-Rolled Iron ($210M). Over the past 5 years the exports of Chinese Taipei to Spain have increased at an annualized rate of 12.3%, from $1.22B in 2017 to $2.18B in 2022.

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

Spain-Chinese Taipei Trade: In 2022, Spain exported $847M to Chinese Taipei. The main products that Spain exported to Chinese Taipei were Pig Meat ($102M), Packaged Medicaments ($93.2M), and Cars ($85.9M). Over the past 5 years the exports of Spain to Chinese Taipei have increased at an annualized rate of 4.68%, from $674M in 2017 to $847M in 2022.

In 2022, Spain 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, Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Chinese Taipei exported $2.18B to Spain. The main products exported from Chinese Taipei to Spain were Coated Flat-Rolled Iron ($261M), Bi-Wheel Vehicle Parts ($246M), and Hot-Rolled Iron ($210M). During the last 5 years the exports of Chinese Taipei to Spain have increased at an annualized rate of 12.3%, from $1.22B in 2017 to $2.18B in 2022.

In 2017, Spain exported $847M to Chinese Taipei. The main products exported from Spain to Chinese Taipei were Pig Meat ($102M), Packaged Medicaments ($93.2M), and Cars ($85.9M). During the last 5 years the exports of Spain to Chinese Taipei have increased at an annualized rate of 4.68%, from $674M in 2022 to $847M in 2017.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Chinese Taipei
Top DestinationChina$121B

Spain
Top DestinationFrance$65.2B

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

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

In 2022, countries that imported more from Spain than Chinese Taipei included France ($65.2B), Portugal ($34.9B), and Italy ($32.1B).

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

Comparative Advantage Chinese Taipei - Spain

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Chinese Taipei had a large net trade with Spain in the exports of Metals ($750M), Machines ($658M), and Transportation ($346M).

During 2017, Spain had a large net trade with Chinese Taipei in the exports of Chemical Products ($165M), Machines ($131M), and Animal Products ($130M).

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 Spain. This means that a dot/product with the flag of Chinese Taipei indicates it has a comparative advantage over Spain. Similarly, a dot/product with the flag of Spain indicates it has a comparative advantage over Chinese Taipei.

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Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

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

Comparative Advantage Chinese Taipei - Spain

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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