2022
Exports
$22.4MWorld Rnk 26 / 158
Flag Rnk 543 / 1195
2022
PRODUCT COMPLEXITY IN Industrial Furnaces
0.84Rnk 229 / 1025
2022
Imports
$40.8MWorld Rnk 35 / 213
Flag Rnk 532 / 1210
2022
ECONOMIC COMPLEXITY of Chinese Taipei
1.94Rnk 3 / 133

About

Exports In 2022, Chinese Taipei exported $22.4M in Industrial Furnaces, making it the 26th largest exporter of Industrial Furnaces in the world. At the same year, Industrial Furnaces was the 543rd most exported product in Chinese Taipei. The main destination of Industrial Furnaces exports from Chinese Taipei are: China ($6.78M), Vietnam ($4.65M), Singapore ($2.06M), Thailand ($1.26M), and Indonesia ($1.22M).

The fastest growing export markets for Industrial Furnaces of Chinese Taipei between 2021 and 2022 were United Kingdom ($849k), Hong Kong ($420k), and Singapore ($320k).

Imports In 2022, Chinese Taipei imported $40.8M in Industrial Furnaces, becoming the 35th largest importer of Industrial Furnaces in the world. At the same year, Industrial Furnaces was the 532nd most imported product in Chinese Taipei. Chinese Taipei imports Industrial Furnaces primarily from: China ($13.6M), Germany ($9.68M), Japan ($7.51M), United States ($3.09M), and France ($1.75M).

The fastest growing import markets in Industrial Furnaces for Chinese Taipei between 2021 and 2022 were Germany ($3.16M), Austria ($905k), and France ($840k).

Latest Trends

Aug 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 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 (2022)$22.4M
IMPORTS (2022)$40.8M
NET TRADE (2022)-$18.4M

In 2022, Chinese Taipei exported $22.4M in Industrial Furnaces. The main destinations of Chinese Taipei exports on Industrial Furnaces were China ($6.78M), Vietnam ($4.65M), Singapore ($2.06M), Thailand ($1.26M), and Indonesia ($1.22M).

In 2022, Chinese Taipei imported $40.8M in Industrial Furnaces, mainly from China ($13.6M), Germany ($9.68M), Japan ($7.51M), United States ($3.09M), and France ($1.75M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Industrial Furnaces EXPORT MARKETS FOR Chinese Taipei WERE (2021 - 2022):
United Kingdom$849k (1.72k%)
Hong Kong$420k (124%)
Singapore$320k (18.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Industrial Furnaces BY Chinese Taipei WERE (2021 - 2022):
Russia-$2.07M (-100%)
United States-$870k (-76.8%)
India-$859k (-56.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Chinese Taipei's main exporting competitors in Industrial Furnaces were:
China $1.77B
Italy $645M
In 2022, 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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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.

See methodology.

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