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2022
Exports $6.5MWorld Rnk 49 / 196
Flag Rnk 717 / 1195
2022
Destination $372k China
2021 - 2022
FASTEST GROWING MARKET $372kThailand
2022
PRODUCT COMPLEXITY IN Essential Oils-1.09Rnk 855 / 1025
2022
Imports $36MWorld Rnk 28 / 214
Flag Rnk 555 / 1210
2022
Origin $360k United States
2021 - 2022
FASTEST GROWING ORIGIN $360kItaly
2022
ECONOMIC COMPLEXITY of Chinese Taipei1.94Rnk 3 / 133

About

Exports In 2022, Chinese Taipei exported $6.5M in Essential Oils, making it the 49th largest exporter of Essential Oils in the world. At the same year, Essential Oils was the 717th most exported product in Chinese Taipei. The main destination of Essential Oils exports from Chinese Taipei are: China ($1.6M), Japan ($991k), Malaysia ($582k), Vietnam ($579k), and Singapore ($477k).

The fastest growing export markets for Essential Oils of Chinese Taipei between 2021 and 2022 were Thailand ($372k), China ($291k), and Malaysia ($188k).

Imports In 2022, Chinese Taipei imported $36M in Essential Oils, becoming the 28th largest importer of Essential Oils in the world. At the same year, Essential Oils was the 555th most imported product in Chinese Taipei. Chinese Taipei imports Essential Oils primarily from: United States ($11.5M), France ($4.07M), Australia ($2.67M), United Kingdom ($2.63M), and China ($2.46M).

The fastest growing import markets in Essential Oils for Chinese Taipei between 2021 and 2022 were Italy ($360k), Argentina ($235k), and Poland ($217k).

Latest Trends

Jul 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 Essential Oils. 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)$6.5M
IMPORTS (2022)$36M
NET TRADE (2022)-$29.5M

In 2022, Chinese Taipei exported $6.5M in Essential Oils. The main destinations of Chinese Taipei exports on Essential Oils were China ($1.6M), Japan ($991k), Malaysia ($582k), Vietnam ($579k), and Singapore ($477k).

In 2022, Chinese Taipei imported $36M in Essential Oils, mainly from United States ($11.5M), France ($4.07M), Australia ($2.67M), United Kingdom ($2.63M), and China ($2.46M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Essential Oils EXPORT MARKETS FOR Chinese Taipei WERE (2021 - 2022):
Thailand$372k (956%)
China$291k (22.1%)
Malaysia$188k (47.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Essential Oils BY Chinese Taipei WERE (2021 - 2022):
Hong Kong-$1.36M (-77.6%)
United States-$716k (-64.5%)
Japan-$599k (-37.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Chinese Taipei's main exporting competitors in Essential Oils were:
India $879M
United States $693M
Brazil $425M
In 2022, Chinese Taipei's main importing competitors in Essential Oils were:
United States $1.25B
France $440M
Germany $357M

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Trade Value of Essential Oils by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

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