2023
Exports
$29.5MWorld Rnk 27 / 154
Flag Rnk 460 / 1189
2023
PRODUCT COMPLEXITY IN Industrial Furnaces
0.99Rnk 180 / 1025
2023
Imports
$97.4MWorld Rnk 19 / 213
Flag Rnk 315 / 1203
2023
ECONOMIC COMPLEXITY of Chinese Taipei
2Rnk 2 / 132

About

Exports In 2023, Chinese Taipei exported $29.5M in Industrial Furnaces, making it the 27th largest exporter of Industrial Furnaces in the world. At the same year, Industrial Furnaces was the 460th most exported product in Chinese Taipei. The main destination of Industrial Furnaces exports from Chinese Taipei are: China ($8.94M), Malaysia ($5.96M), Vietnam ($3.02M), Indonesia ($2.33M), and United Kingdom ($1.62M).

The fastest growing export markets for Industrial Furnaces of Chinese Taipei between 2022 and 2023 were Malaysia ($5.24M), China ($3.55M), and Peru ($1.33M).

Imports In 2023, Chinese Taipei imported $97.4M in Industrial Furnaces, becoming the 19th largest importer of Industrial Furnaces in the world. At the same year, Industrial Furnaces was the 315th most imported product in Chinese Taipei. Chinese Taipei imports Industrial Furnaces primarily from: China ($26.3M), Germany ($21.6M), Japan ($14.6M), Italy ($12.4M), and United States ($7.06M).

The fastest growing import markets in Industrial Furnaces for Chinese Taipei between 2022 and 2023 were China ($15.7M), Germany ($12.2M), and Italy ($10.6M).

Latest Trends

Jan 2025

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 Industrial Furnaces. 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)$29.5M
IMPORTS (2023)$97.4M
NET TRADE (2023)-$67.9M

In 2023, Chinese Taipei exported $29.5M in Industrial Furnaces. The main destinations of Chinese Taipei exports on Industrial Furnaces were China ($8.94M), Malaysia ($5.96M), Vietnam ($3.02M), Indonesia ($2.33M), and United Kingdom ($1.62M).

In 2023, Chinese Taipei imported $97.4M in Industrial Furnaces, mainly from China ($26.3M), Germany ($21.6M), Japan ($14.6M), Italy ($12.4M), and United States ($7.06M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Industrial Furnaces EXPORT MARKETS FOR Chinese Taipei WERE (2022 - 2023):
Malaysia$5.24M (723%)
China$3.55M (65.8%)
Peru$1.33M (22.1k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Industrial Furnaces BY Chinese Taipei WERE (2022 - 2023):
Singapore-$1.79M (-59.4%)
Vietnam-$1.68M (-35.7%)
Japan-$608k (-54.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Chinese Taipei's main exporting competitors in Industrial Furnaces were:
In 2023, Chinese Taipei's main importing competitors in Industrial Furnaces were:

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Trade Value of Industrial Furnaces by Exporters

Potential Exports

Potential Exports

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N/A
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N/AN/A

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

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