Estonia (EST) and Chinese Taipei (TWN) Trade | The Observatory of Economic Complexity

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Estonia-Chinese Taipei Trade: In 2022, Estonia exported $30.6M to Chinese Taipei. The main products that Estonia exported to Chinese Taipei were Broadcasting Equipment ($10.6M), Video Displays ($2.67M), and Titanium ($2.61M). Over the past 5 years the exports of Estonia to Chinese Taipei have increased at an annualized rate of 16.7%, from $14.1M in 2017 to $30.6M in 2022.

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

Chinese Taipei-Estonia Trade: In 2022, Chinese Taipei exported $121M to Estonia. The main products that Chinese Taipei exported to Estonia were Integrated Circuits ($15.3M), Iron Fasteners ($11.1M), and Large Flat-Rolled Stainless Steel ($9.64M). Over the past 5 years the exports of Chinese Taipei to Estonia have increased at an annualized rate of 1.43%, from $112M in 2017 to $121M in 2022.

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

Comparison In 2022, Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index. That same year, Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Estonia exported $30.6M to Chinese Taipei. The main products exported from Estonia to Chinese Taipei were Broadcasting Equipment ($10.6M), Video Displays ($2.67M), and Titanium ($2.61M). During the last 5 years the exports of Estonia to Chinese Taipei have increased at an annualized rate of 16.7%, from $14.1M in 2017 to $30.6M in 2022.

In 2017, Chinese Taipei exported $121M to Estonia. The main products exported from Chinese Taipei to Estonia were Integrated Circuits ($15.3M), Iron Fasteners ($11.1M), and Large Flat-Rolled Stainless Steel ($9.64M). During the last 5 years the exports of Chinese Taipei to Estonia have increased at an annualized rate of 1.43%, from $112M in 2022 to $121M in 2017.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Estonia
Top DestinationFinland$3B

Chinese Taipei
Top DestinationChina$121B

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

In 2022, countries that imported more from Estonia than Chinese Taipei included Latvia ($2.77B), Finland ($3B), and Lithuania ($1.51B).

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

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

Comparative Advantage Estonia - Chinese Taipei

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Estonia had a large net trade with Chinese Taipei in the exports of Machines ($18M), Metals ($2.96M), and Wood Products ($1.93M).

During 2017, Chinese Taipei had a large net trade with Estonia in the exports of Machines ($56M), Metals ($40.7M), and Textiles ($6.63M).

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

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Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

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

Comparative Advantage Estonia - Chinese Taipei

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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