Chinese Taipei (TWN) and Vietnam (VNM) Trade | The Observatory of Economic Complexity

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Chinese Taipei-Vietnam Trade: In 2022, Chinese Taipei exported $15.7B to Vietnam. The main products that Chinese Taipei exported to Vietnam were Integrated Circuits ($3.65B), Light Rubberized Knitted Fabric ($903M), and Hot-Rolled Iron ($690M). Over the past 5 years the exports of Chinese Taipei to Vietnam have increased at an annualized rate of 3.15%, from $13.4B in 2017 to $15.7B in 2022.

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

Vietnam-Chinese Taipei Trade: In 2022, Vietnam exported $5.94B to Chinese Taipei. The main products that Vietnam exported to Chinese Taipei were Integrated Circuits ($572M), Broadcasting Equipment ($488M), and Office Machine Parts ($483M). Over the past 5 years the exports of Vietnam to Chinese Taipei have increased at an annualized rate of 14.9%, from $2.97B in 2017 to $5.94B in 2022.

In 2022, Vietnam 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, Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Chinese Taipei exported $15.7B to Vietnam. The main products exported from Chinese Taipei to Vietnam were Integrated Circuits ($3.65B), Light Rubberized Knitted Fabric ($903M), and Hot-Rolled Iron ($690M). During the last 5 years the exports of Chinese Taipei to Vietnam have increased at an annualized rate of 3.15%, from $13.4B in 2017 to $15.7B in 2022.

In 2017, Vietnam exported $5.94B to Chinese Taipei. The main products exported from Vietnam to Chinese Taipei were Integrated Circuits ($572M), Broadcasting Equipment ($488M), and Office Machine Parts ($483M). During the last 5 years the exports of Vietnam to Chinese Taipei have increased at an annualized rate of 14.9%, from $2.97B in 2022 to $5.94B in 2017.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Chinese Taipei
Top DestinationChina$121B

Vietnam
Top DestinationUnited States$117B

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

In 2022, countries that imported more from Chinese Taipei than Vietnam included China ($121B), Hong Kong ($65.8B), and Singapore ($38.6B).

In 2022, countries that imported more from Vietnam than Chinese Taipei included United States ($117B), Cambodia ($5.74B), and United Arab Emirates ($4.74B).

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

Comparative Advantage Chinese Taipei - Vietnam

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Chinese Taipei had a large net trade with Vietnam in the exports of Machines ($6.23B), Textiles ($2.36B), and Plastics and Rubbers ($1.99B).

During 2017, Vietnam had a large net trade with Chinese Taipei in the exports of Machines ($2.55B), Metals ($562M), and Textiles ($560M).

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

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Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

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

Comparative Advantage Chinese Taipei - Vietnam

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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