2023
Exports
$287BWorld Rnk 2 / 226
Flag Rnk 1 / 96
2023
PRODUCT COMPLEXITY IN Electrical machinery and electronics
1.73Rnk 19 / 1025
2023
Imports
$90.5BWorld Rnk 9 / 226
Flag Rnk 1 / 96
2023
ECONOMIC COMPLEXITY of Chinese Taipei
2Rnk 2 / 132

About

Exports In 2023, Chinese Taipei exported $287B in Electrical machinery and electronics, making it the 2nd largest exporter of Electrical machinery and electronics in the world. At the same year, Electrical machinery and electronics was the 1st most exported product in Chinese Taipei. The main destination of Electrical machinery and electronics exports from Chinese Taipei are: China ($63.5B), Hong Kong ($56.8B), Singapore ($39.2B), United States ($26.4B), and Japan ($20.7B).

The fastest growing export markets for Electrical machinery and electronics of Chinese Taipei between 2022 and 2023 were Thailand ($2.16B), India ($1.83B), and Mexico ($664M).

Imports In 2023, Chinese Taipei imported $90.5B in Electrical machinery and electronics, becoming the 9th largest importer of Electrical machinery and electronics in the world. At the same year, Electrical machinery and electronics was the 1st most imported product in Chinese Taipei. Chinese Taipei imports Electrical machinery and electronics primarily from: China ($33.2B), South Korea ($18.7B), Japan ($11B), United States ($6B), and Malaysia ($4.74B).

The fastest growing import markets in Electrical machinery and electronics for Chinese Taipei between 2022 and 2023 were Germany ($293M), France ($229M), and Bulgaria ($62.4M).

Latest Trends

Dec 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 Electrical machinery and electronics. 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 (2023)$287B
IMPORTS (2023)$90.5B
NET TRADE (2023)$196B

In 2023, Chinese Taipei exported $287B in Electrical machinery and electronics. The main destinations of Chinese Taipei exports on Electrical machinery and electronics were China ($63.5B), Hong Kong ($56.8B), Singapore ($39.2B), United States ($26.4B), and Japan ($20.7B).

In 2023, Chinese Taipei imported $90.5B in Electrical machinery and electronics, mainly from China ($33.2B), South Korea ($18.7B), Japan ($11B), United States ($6B), and Malaysia ($4.74B).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electrical machinery and electronics EXPORT MARKETS FOR Chinese Taipei WERE (2022 - 2023):
Thailand$2.16B (33.5%)
India$1.83B (71.8%)
Mexico$664M (11%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical machinery and electronics BY Chinese Taipei WERE (2022 - 2023):
China-$13.8B (-17.9%)
South Korea-$8.75B (-40.6%)
Singapore-$7.46B (-16%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Chinese Taipei's main exporting competitors in Electrical machinery and electronics were:
In 2023, Chinese Taipei's main importing competitors in Electrical machinery and electronics were:

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Trade Value of Electrical machinery and electronics by Exporters

Potential Exports

Potential Exports

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

Electrical machinery and electronics’s highest export potential is N/A. With an export gap of N/A.   Electrical machinery and electronics’s highest import potential is N/A with an import gap of N/A.

See methodology.

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