2022
Exports
$15.9BWorld Rnk 40 / 216
Flag Rnk 6 / 96
2022
PRODUCT COMPLEXITY IN Mineral fuels, mineral oils and products of their distillation
0.48Rnk 371 / 1025
2022
Imports
$81.8BWorld Rnk 14 / 225
Flag Rnk 2 / 96
2022
ECONOMIC COMPLEXITY of Chinese Taipei
1.94Rnk 3 / 133

About

Exports In 2022, Chinese Taipei exported $15.9B in Mineral fuels, mineral oils and products of their distillation, making it the 40th largest exporter of Mineral fuels, mineral oils and products of their distillation in the world. At the same year, Mineral fuels, mineral oils and products of their distillation was the 6th most exported product in Chinese Taipei. The main destination of Mineral fuels, mineral oils and products of their distillation exports from Chinese Taipei are: Australia ($3.56B), Singapore ($3B), Malaysia ($1.78B), Philippines ($1.19B), and Togo ($649M).

The fastest growing export markets for Mineral fuels, mineral oils and products of their distillation of Chinese Taipei between 2021 and 2022 were Australia ($2.59B), Singapore ($1.2B), and Philippines ($764M).

Imports In 2022, Chinese Taipei imported $81.8B in Mineral fuels, mineral oils and products of their distillation, becoming the 14th largest importer of Mineral fuels, mineral oils and products of their distillation in the world. At the same year, Mineral fuels, mineral oils and products of their distillation was the 2nd most imported product in Chinese Taipei. Chinese Taipei imports Mineral fuels, mineral oils and products of their distillation primarily from: Australia ($19.3B), Saudi Arabia ($10.5B), United States ($7.67B), Kuwait ($6.87B), and Mexico ($6.74B).

The fastest growing import markets in Mineral fuels, mineral oils and products of their distillation for Chinese Taipei between 2021 and 2022 were Australia ($10.7B), Saudi Arabia ($3.54B), and United States ($2.74B).

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 Mineral fuels, mineral oils and products of their distillation. 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)$15.9B
IMPORTS (2022)$81.8B
NET TRADE (2022)-$65.9B

In 2022, Chinese Taipei exported $15.9B in Mineral fuels, mineral oils and products of their distillation. The main destinations of Chinese Taipei exports on Mineral fuels, mineral oils and products of their distillation were Australia ($3.56B), Singapore ($3B), Malaysia ($1.78B), Philippines ($1.19B), and Togo ($649M).

In 2022, Chinese Taipei imported $81.8B in Mineral fuels, mineral oils and products of their distillation, mainly from Australia ($19.3B), Saudi Arabia ($10.5B), United States ($7.67B), Kuwait ($6.87B), and Mexico ($6.74B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Mineral fuels, mineral oils and products of their distillation EXPORT MARKETS FOR Chinese Taipei WERE (2021 - 2022):
Australia$2.59B (268%)
Singapore$1.2B (67.2%)
Philippines$764M (178%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mineral fuels, mineral oils and products of their distillation BY Chinese Taipei WERE (2021 - 2022):
South Korea-$557M (-57%)
United Arab Emirates-$80.3M (-55.2%)
Indonesia-$79.1M (-60.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Chinese Taipei's main exporting competitors in Mineral fuels, mineral oils and products of their distillation were:
In 2022, Chinese Taipei's main importing competitors in Mineral fuels, mineral oils and products of their distillation were:

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Trade Value of Mineral fuels, mineral oils and products of their distillation by Exporters

Potential Exports

Potential Exports

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

Mineral fuels, mineral oils and products of their distillation’s highest export potential is N/A. With an export gap of N/A.   Mineral fuels, mineral oils and products of their distillation’s highest import potential is N/A with an import gap of N/A.

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