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2022
Exports $19.5BWorld Rnk 10 / 226
Flag Rnk 5 / 21
2022
Destination $210M China
2021 - 2022
FASTEST GROWING MARKET $210MChinese Taipei
2022
PRODUCT COMPLEXITY IN Instruments2.12Rnk 3 / 1025
2022
Imports $29.4BWorld Rnk 6 / 226
Flag Rnk 4 / 21
2022
Origin $682M Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $682MSingapore
2022
ECONOMIC COMPLEXITY of Chinese Taipei1.94Rnk 3 / 133

About

Exports In 2022, Chinese Taipei exported $19.5B in Instruments, making it the 10th largest exporter of Instruments in the world. At the same year, Instruments was the 5th most exported product in Chinese Taipei. The main destination of Instruments exports from Chinese Taipei are: China ($7.72B), United States ($2.8B), Hong Kong ($1.39B), Japan ($1.08B), and Chinese Taipei ($828M).

The fastest growing export markets for Instruments of Chinese Taipei between 2021 and 2022 were Chinese Taipei ($210M), United States ($202M), and Singapore ($111M).

Imports In 2022, Chinese Taipei imported $29.4B in Instruments, becoming the 6th largest importer of Instruments in the world. At the same year, Instruments was the 4th most imported product in Chinese Taipei. Chinese Taipei imports Instruments primarily from: Netherlands ($8B), Japan ($4.15B), United States ($3.67B), Singapore ($3.32B), and China ($2.24B).

The fastest growing import markets in Instruments for Chinese Taipei between 2021 and 2022 were Singapore ($682M), Malaysia ($485M), and South Korea ($368M).

Latest Trends

Sep 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 Instruments. 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)$19.5B
IMPORTS (2022)$29.4B
NET TRADE (2022)-$9.87B

In 2022, Chinese Taipei exported $19.5B in Instruments. The main destinations of Chinese Taipei exports on Instruments were China ($7.72B), United States ($2.8B), Hong Kong ($1.39B), Japan ($1.08B), and Chinese Taipei ($828M).

In 2022, Chinese Taipei imported $29.4B in Instruments, mainly from Netherlands ($8B), Japan ($4.15B), United States ($3.67B), Singapore ($3.32B), and China ($2.24B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Instruments EXPORT MARKETS FOR Chinese Taipei WERE (2021 - 2022):
Chinese Taipei$210M (34.1%)
United States$202M (7.76%)
Singapore$111M (17%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Instruments BY Chinese Taipei WERE (2021 - 2022):
China-$3.91B (-33.6%)
Hong Kong-$1.15B (-45.2%)
Mexico-$233M (-65.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Chinese Taipei's main exporting competitors in Instruments were:
United States $102B
China $91.6B
Germany $79.1B
In 2022, Chinese Taipei's main importing competitors in Instruments were:
United States $123B
China $74.1B
Germany $49.9B

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Trade Value of Instruments by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

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