2022
Exports
$1.45BWorld Rnk 18 / 192
Flag Rnk 48 / 1195
2022
PRODUCT COMPLEXITY IN Gas Turbines
0.71Rnk 270 / 1025
2022
Imports
$2.09BWorld Rnk 21 / 207
Flag Rnk 25 / 1210
2022
ECONOMIC COMPLEXITY of Chinese Taipei
1.94Rnk 3 / 133

About

Exports In 2022, Chinese Taipei exported $1.45B in Gas Turbines, making it the 18th largest exporter of Gas Turbines in the world. At the same year, Gas Turbines was the 48th most exported product in Chinese Taipei. The main destination of Gas Turbines exports from Chinese Taipei are: Hong Kong ($732M), United States ($268M), Singapore ($73.2M), Japan ($51.5M), and China ($50.2M).

The fastest growing export markets for Gas Turbines of Chinese Taipei between 2021 and 2022 were Hong Kong ($542M), United States ($114M), and China ($38M).

Imports In 2022, Chinese Taipei imported $2.09B in Gas Turbines, becoming the 21st largest importer of Gas Turbines in the world. At the same year, Gas Turbines was the 25th most imported product in Chinese Taipei. Chinese Taipei imports Gas Turbines primarily from: United States ($681M), Hong Kong ($538M), Singapore ($149M), Japan ($135M), and United Kingdom ($108M).

The fastest growing import markets in Gas Turbines for Chinese Taipei between 2021 and 2022 were Hong Kong ($118M), Singapore ($41.3M), and Ireland ($37.6M).

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 Gas Turbines. 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)$1.45B
IMPORTS (2022)$2.09B
NET TRADE (2022)-$639M

In 2022, Chinese Taipei exported $1.45B in Gas Turbines. The main destinations of Chinese Taipei exports on Gas Turbines were Hong Kong ($732M), United States ($268M), Singapore ($73.2M), Japan ($51.5M), and China ($50.2M).

In 2022, Chinese Taipei imported $2.09B in Gas Turbines, mainly from United States ($681M), Hong Kong ($538M), Singapore ($149M), Japan ($135M), and United Kingdom ($108M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gas Turbines EXPORT MARKETS FOR Chinese Taipei WERE (2021 - 2022):
Hong Kong$542M (285%)
United States$114M (74.7%)
China$38M (312%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gas Turbines BY Chinese Taipei WERE (2021 - 2022):
Spain-$43.8M (-63.7%)
New Zealand-$17.1M (-83.3%)
Italy-$13.8M (-31.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Gas Turbines by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

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