Chinese Taipei (TWN) and Belarus (BLR) Trade | The Observatory of Economic Complexity

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Chinese Taipei-Belarus Trade: In 2022, Chinese Taipei exported $10.9M to Belarus. The main products that Chinese Taipei exported to Belarus were Large Flat-Rolled Stainless Steel ($786k), Electrical Lighting and Signalling Equipment ($686k), and Metalworking Transfer Machines ($652k). Over the past 5 years the exports of Chinese Taipei to Belarus have decreased at an annualized rate of 30.5%, from $67.3M in 2017 to $10.9M in 2022.

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

Belarus-Chinese Taipei Trade: In 2022, Belarus exported $34.1M to Chinese Taipei. The main products that Belarus exported to Chinese Taipei were Potassic Fertilizers ($32.8M), Aircraft Parts ($343k), and Integrated Circuits ($262k). Over the past 5 years the exports of Belarus to Chinese Taipei have increased at an annualized rate of 2.87%, from $29.6M in 2017 to $34.1M in 2022.

In 2022, Belarus 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, Belarus ranked 32 in the Economic Complexity Index (ECI 0.82), and 100 in total exports ($10.4B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Chinese Taipei exported $10.9M to Belarus. The main products exported from Chinese Taipei to Belarus were Large Flat-Rolled Stainless Steel ($786k), Electrical Lighting and Signalling Equipment ($686k), and Metalworking Transfer Machines ($652k). During the last 5 years the exports of Chinese Taipei to Belarus have decreased at an annualized rate of 30.5%, from $67.3M in 2017 to $10.9M in 2022.

In 2017, Belarus exported $34.1M to Chinese Taipei. The main products exported from Belarus to Chinese Taipei were Potassic Fertilizers ($32.8M), Aircraft Parts ($343k), and Integrated Circuits ($262k). During the last 5 years the exports of Belarus to Chinese Taipei have increased at an annualized rate of 2.87%, from $29.6M in 2022 to $34.1M in 2017.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Chinese Taipei
Top DestinationChina$121B

Belarus
Top DestinationChina$1.6B

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

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

In 2022, countries that imported more from Belarus than Chinese Taipei included Ukraine ($1.29B), Kazakhstan ($827M), and Lithuania ($778M).

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

Comparative Advantage Chinese Taipei - Belarus

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Chinese Taipei had a large net trade with Belarus in the exports of Machines ($4.49M), Metals ($2.4M), and Plastics and Rubbers ($1.01M).

During 2017, Belarus had a large net trade with Chinese Taipei in the exports of Chemical Products ($32.8M), Machines ($449k), and Transportation ($344k).

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

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Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

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

Comparative Advantage Chinese Taipei - Belarus

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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