In 2021, Russia sold USD 3.52 billion of goods to Taiwan and bought USD 2.39 billion from it. Both are members of APEC. In 2021, Russia sold USD 1.42 billion of mineral fuels and oils to Taiwan. In 2021, Russia sold USD 9.7 million of electrical and electronic equipment to Taiwan and bought USD 816 million from it. In 2021, Russia sold USD 16.4 million of agricultural and food products to Taiwan and bought USD 4.7 million from it.
Benefits
BothTrade in goods runs both ways in similar amounts: Russia sold USD 3.52 billion and Taiwan sold USD 2.39 billion in 2021.
BothBoth are members of APEC.
Constraints
BothFlows are one-sided: in 2021, Russia sold USD 1.42 billion of mineral fuels and oils, and Taiwan sold almost none.
BothFlows are one-sided: in 2021, Taiwan sold USD 816 million of electrical and electronic equipment, against USD 9.7 million the other way.