Chinese Taipei (TWN) and Iran (IRN) Trade | The Observatory of Economic Complexity

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Chinese Taipei-Iran Trade: In 2022, Chinese Taipei exported $76.2M to Iran. The main products that Chinese Taipei exported to Iran were Iron Fasteners ($11.5M), Synthetic Coloring Matter ($4.38M), and Motor vehicles; parts and accessories (8701 to 8705) ($3.07M). Over the past 5 years the exports of Chinese Taipei to Iran have decreased at an annualized rate of 35.6%, from $689M in 2017 to $76.2M in 2022.

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

Iran-Chinese Taipei Trade: In 2022, Iran exported $49.9M to Chinese Taipei. The main products that Iran exported to Chinese Taipei were Ammonia ($19.6M), Petroleum Coke ($18.4M), and Copper Plating ($6.02M). Over the past 5 years the exports of Iran to Chinese Taipei have decreased at an annualized rate of 71.7%, from $27.4B in 2017 to $49.9M in 2022.

In 2022, Iran 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, Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Chinese Taipei exported $76.2M to Iran. The main products exported from Chinese Taipei to Iran were Iron Fasteners ($11.5M), Synthetic Coloring Matter ($4.38M), and Motor vehicles; parts and accessories (8701 to 8705) ($3.07M). During the last 5 years the exports of Chinese Taipei to Iran have decreased at an annualized rate of 35.6%, from $689M in 2017 to $76.2M in 2022.

In 2017, Iran exported $49.9M to Chinese Taipei. The main products exported from Iran to Chinese Taipei were Ammonia ($19.6M), Petroleum Coke ($18.4M), and Copper Plating ($6.02M). During the last 5 years the exports of Iran to Chinese Taipei have decreased at an annualized rate of 71.7%, from $27.4B in 2022 to $49.9M in 2017.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Chinese Taipei
Top DestinationChina$121B

Iran
Top DestinationChina$5.72B

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

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

In 2022, countries that imported more from Iran than Chinese Taipei included Turkey ($3.17B), Kuwait ($960M), and Armenia ($557M).

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

Comparative Advantage Chinese Taipei - Iran

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Chinese Taipei had a large net trade with Iran in the exports of Machines ($24.4M), Metals ($16.1M), and Plastics and Rubbers ($11.8M).

During 2017, Iran had a large net trade with Chinese Taipei in the exports of Chemical Products ($19.8M), Mineral Products ($19.1M), and Metals ($6.9M).

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

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Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

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

Comparative Advantage Chinese Taipei - Iran

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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