2022
Exports
$423MWorld Rnk 2 / 153
Flag Rnk 130 / 1195
2022
PRODUCT COMPLEXITY IN Laboratory Reagents
1.53Rnk 45 / 1025
2022
Imports
$427MWorld Rnk 1 / 180
Flag Rnk 111 / 1210
2022
ECONOMIC COMPLEXITY of Chinese Taipei
1.94Rnk 3 / 133

About

Exports In 2022, Chinese Taipei exported $423M in Laboratory Reagents, making it the 2nd largest exporter of Laboratory Reagents in the world. At the same year, Laboratory Reagents was the 130th most exported product in Chinese Taipei. The main destination of Laboratory Reagents exports from Chinese Taipei are: United States ($77.1M), Indonesia ($42.9M), Germany ($27.2M), Italy ($25.7M), and South Korea ($23.8M).

The fastest growing export markets for Laboratory Reagents of Chinese Taipei between 2021 and 2022 were Indonesia ($18.3M), United States ($10.4M), and Japan ($6.38M).

Imports In 2022, Chinese Taipei imported $427M in Laboratory Reagents, becoming the 1st largest importer of Laboratory Reagents in the world. At the same year, Laboratory Reagents was the 111th most imported product in Chinese Taipei. Chinese Taipei imports Laboratory Reagents primarily from: United States ($250M), Germany ($42.6M), Japan ($20.4M), South Korea ($19.9M), and Singapore ($17.3M).

The fastest growing import markets in Laboratory Reagents for Chinese Taipei between 2021 and 2022 were United States ($95.2M), South Korea ($16.2M), and Germany ($13.2M).

Latest Trends

Oct 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 Laboratory Reagents. 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)$423M
IMPORTS (2022)$427M
NET TRADE (2022)-$4.14M

In 2022, Chinese Taipei exported $423M in Laboratory Reagents. The main destinations of Chinese Taipei exports on Laboratory Reagents were United States ($77.1M), Indonesia ($42.9M), Germany ($27.2M), Italy ($25.7M), and South Korea ($23.8M).

In 2022, Chinese Taipei imported $427M in Laboratory Reagents, mainly from United States ($250M), Germany ($42.6M), Japan ($20.4M), South Korea ($19.9M), and Singapore ($17.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Laboratory Reagents EXPORT MARKETS FOR Chinese Taipei WERE (2021 - 2022):
Indonesia$18.3M (74.1%)
United States$10.4M (15.6%)
Japan$6.38M (211%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Laboratory Reagents BY Chinese Taipei WERE (2021 - 2022):
Italy-$6.55M (-20.3%)
Vietnam-$6.41M (-64.9%)
China-$5.72M (-20.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Laboratory Reagents by Exporters

Potential Exports

Potential Exports

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

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