2022
Exports
$65.4MWorld Rnk 23 / 141
Flag Rnk 363 / 1195
2022
PRODUCT COMPLEXITY IN Inedible Fats and Oils
-0.34Rnk 660 / 1025
2022
Imports
$1.66MWorld Rnk 67 / 186
Flag Rnk 1028 / 1210
2022
ECONOMIC COMPLEXITY of Chinese Taipei
1.94Rnk 3 / 133

About

Exports In 2022, Chinese Taipei exported $65.4M in Inedible Fats and Oils, making it the 23rd largest exporter of Inedible Fats and Oils in the world. At the same year, Inedible Fats and Oils was the 363rd most exported product in Chinese Taipei. The main destination of Inedible Fats and Oils exports from Chinese Taipei are: Singapore ($21.6M), South Korea ($14.7M), Japan ($6.2M), Malaysia ($5.16M), and United Kingdom ($4.36M).

The fastest growing export markets for Inedible Fats and Oils of Chinese Taipei between 2021 and 2022 were Singapore ($12.1M), South Korea ($3.22M), and United Kingdom ($1.57M).

Imports In 2022, Chinese Taipei imported $1.66M in Inedible Fats and Oils, becoming the 67th largest importer of Inedible Fats and Oils in the world. At the same year, Inedible Fats and Oils was the 1028th most imported product in Chinese Taipei. Chinese Taipei imports Inedible Fats and Oils primarily from: China ($801k), Malaysia ($178k), Japan ($98.8k), United States ($88.8k), and United Kingdom ($87k).

The fastest growing import markets in Inedible Fats and Oils for Chinese Taipei between 2021 and 2022 were China ($115k), Germany ($66.7k), and United Kingdom ($66.3k).

Latest Trends

Nov 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 Inedible Fats and 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)$65.4M
IMPORTS (2022)$1.66M
NET TRADE (2022)$63.7M

In 2022, Chinese Taipei exported $65.4M in Inedible Fats and Oils. The main destinations of Chinese Taipei exports on Inedible Fats and Oils were Singapore ($21.6M), South Korea ($14.7M), Japan ($6.2M), Malaysia ($5.16M), and United Kingdom ($4.36M).

In 2022, Chinese Taipei imported $1.66M in Inedible Fats and Oils, mainly from China ($801k), Malaysia ($178k), Japan ($98.8k), United States ($88.8k), and United Kingdom ($87k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Inedible Fats and Oils EXPORT MARKETS FOR Chinese Taipei WERE (2021 - 2022):
Singapore$12.1M (126%)
South Korea$3.22M (28.1%)
United Kingdom$1.57M (56.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Inedible Fats and Oils BY Chinese Taipei WERE (2021 - 2022):
Malaysia-$7.47M (-59.2%)
Hong Kong-$1.64M (-66.3%)
Pakistan-$921k (-60.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Chinese Taipei's main exporting competitors in Inedible Fats and Oils were:
In 2022, Chinese Taipei's main importing competitors in Inedible Fats and Oils were:

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Trade Value of Inedible Fats and Oils by Exporters

Potential Exports

Potential Exports

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N/A
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N/AN/A

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

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