2022
Exports
$7.05MWorld Rnk 25 / 153
Flag Rnk 707 / 1195
2022
PRODUCT COMPLEXITY IN Friction Material
0.27Rnk 464 / 1025
2022
Imports
$11.9MWorld Rnk 30 / 211
Flag Rnk 763 / 1210
2022
ECONOMIC COMPLEXITY of Chinese Taipei
1.94Rnk 3 / 133

About

Exports In 2022, Chinese Taipei exported $7.05M in Friction Material, making it the 25th largest exporter of Friction Material in the world. At the same year, Friction Material was the 707th most exported product in Chinese Taipei. The main destination of Friction Material exports from Chinese Taipei are: Mexico ($875k), Nigeria ($853k), Kuwait ($797k), Belgium ($738k), and Japan ($580k).

The fastest growing export markets for Friction Material of Chinese Taipei between 2021 and 2022 were Kuwait ($688k), Nigeria ($148k), and Thailand ($108k).

Imports In 2022, Chinese Taipei imported $11.9M in Friction Material, becoming the 30th largest importer of Friction Material in the world. At the same year, Friction Material was the 763rd most imported product in Chinese Taipei. Chinese Taipei imports Friction Material primarily from: Japan ($3.88M), United States ($3.28M), Thailand ($900k), Germany ($859k), and China ($751k).

The fastest growing import markets in Friction Material for Chinese Taipei between 2021 and 2022 were United States ($1.13M), Italy ($553k), and Thailand ($475k).

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 Friction Material. 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)$7.05M
IMPORTS (2022)$11.9M
NET TRADE (2022)-$4.81M

In 2022, Chinese Taipei exported $7.05M in Friction Material. The main destinations of Chinese Taipei exports on Friction Material were Mexico ($875k), Nigeria ($853k), Kuwait ($797k), Belgium ($738k), and Japan ($580k).

In 2022, Chinese Taipei imported $11.9M in Friction Material, mainly from Japan ($3.88M), United States ($3.28M), Thailand ($900k), Germany ($859k), and China ($751k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Friction Material EXPORT MARKETS FOR Chinese Taipei WERE (2021 - 2022):
Kuwait$688k (632%)
Nigeria$148k (21%)
Thailand$108k (97.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Friction Material BY Chinese Taipei WERE (2021 - 2022):
Japan-$531k (-47.8%)
Mexico-$419k (-32.3%)
China-$218k (-35.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Chinese Taipei's main exporting competitors in Friction Material were:
In 2022, Chinese Taipei's main importing competitors in Friction Material were:

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Trade Value of Friction Material by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

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