2022
Exports
$955MWorld Rnk 15 / 216
Flag Rnk 74 / 1195
2022
PRODUCT COMPLEXITY IN Electric Motors
0.76Rnk 259 / 1025
2022
Imports
$925MWorld Rnk 22 / 226
Flag Rnk 59 / 1210
2022
ECONOMIC COMPLEXITY of Chinese Taipei
1.94Rnk 3 / 133

About

Exports In 2022, Chinese Taipei exported $955M in Electric Motors, making it the 15th largest exporter of Electric Motors in the world. At the same year, Electric Motors was the 74th most exported product in Chinese Taipei. The main destination of Electric Motors exports from Chinese Taipei are: United States ($323M), China ($109M), Japan ($74.6M), Mexico ($70.2M), and Poland ($39.8M).

The fastest growing export markets for Electric Motors of Chinese Taipei between 2021 and 2022 were United States ($15M), Mexico ($14M), and Vietnam ($11.6M).

Imports In 2022, Chinese Taipei imported $925M in Electric Motors, becoming the 22nd largest importer of Electric Motors in the world. At the same year, Electric Motors was the 59th most imported product in Chinese Taipei. Chinese Taipei imports Electric Motors primarily from: Japan ($223M), China ($220M), Germany ($116M), Hungary ($77.2M), and United States ($52.8M).

The fastest growing import markets in Electric Motors for Chinese Taipei between 2021 and 2022 were Hungary ($43.1M), United Kingdom ($18.4M), and United States ($13.4M).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Electric Motors. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$955M
IMPORTS (2022)$925M
NET TRADE (2022)$30.4M

In 2022, Chinese Taipei exported $955M in Electric Motors. The main destinations of Chinese Taipei exports on Electric Motors were United States ($323M), China ($109M), Japan ($74.6M), Mexico ($70.2M), and Poland ($39.8M).

In 2022, Chinese Taipei imported $925M in Electric Motors, mainly from Japan ($223M), China ($220M), Germany ($116M), Hungary ($77.2M), and United States ($52.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Motors EXPORT MARKETS FOR Chinese Taipei WERE (2021 - 2022):
United States$15M (4.87%)
Mexico$14M (25%)
Vietnam$11.6M (50.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Motors BY Chinese Taipei WERE (2021 - 2022):
China-$17M (-13.5%)
Hong Kong-$7.14M (-19.5%)
Italy-$3.8M (-40.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Chinese Taipei's main exporting competitors in Electric Motors were:
China $18.4B
Germany $8.51B
Mexico $4.62B
In 2022, Chinese Taipei's main importing competitors in Electric Motors were:

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Trade Value of Electric Motors by Exporters

Potential Exports

Potential Exports

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N/A
N/AN/A
N/AN/A

Electric Motors’s highest export potential is N/A. With an export gap of N/A.   Electric Motors’s highest import potential is N/A with an import gap of N/A.

See methodology.

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