2022
Exports
$1.99BWorld Rnk 12 / 224
Flag Rnk 33 / 1195
2022
PRODUCT COMPLEXITY IN Valves
1.35Rnk 81 / 1025
2022
Imports
$1.36BWorld Rnk 24 / 224
Flag Rnk 43 / 1210
2022
ECONOMIC COMPLEXITY of Chinese Taipei
1.94Rnk 3 / 133

About

Exports In 2022, Chinese Taipei exported $1.99B in Valves, making it the 12th largest exporter of Valves in the world. At the same year, Valves was the 33rd most exported product in Chinese Taipei. The main destination of Valves exports from Chinese Taipei are: United States ($977M), China ($307M), Japan ($123M), Germany ($73.8M), and Canada ($52.7M).

The fastest growing export markets for Valves of Chinese Taipei between 2021 and 2022 were United States ($171M), Singapore ($12.6M), and Japan ($10.3M).

Imports In 2022, Chinese Taipei imported $1.36B in Valves, becoming the 24th largest importer of Valves in the world. At the same year, Valves was the 43rd most imported product in Chinese Taipei. Chinese Taipei imports Valves primarily from: China ($424M), United States ($241M), Japan ($228M), Germany ($98M), and South Korea ($78.8M).

The fastest growing import markets in Valves for Chinese Taipei between 2021 and 2022 were United States ($52.3M), China ($36M), and South Korea ($27.1M).

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 Valves. 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)$1.99B
IMPORTS (2022)$1.36B
NET TRADE (2022)$629M

In 2022, Chinese Taipei exported $1.99B in Valves. The main destinations of Chinese Taipei exports on Valves were United States ($977M), China ($307M), Japan ($123M), Germany ($73.8M), and Canada ($52.7M).

In 2022, Chinese Taipei imported $1.36B in Valves, mainly from China ($424M), United States ($241M), Japan ($228M), Germany ($98M), and South Korea ($78.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Valves EXPORT MARKETS FOR Chinese Taipei WERE (2021 - 2022):
United States$171M (21.3%)
Singapore$12.6M (42.5%)
Japan$10.3M (9.14%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Valves BY Chinese Taipei WERE (2021 - 2022):
China-$44.6M (-12.7%)
Hong Kong-$6.95M (-34.7%)
Nigeria-$3M (-97.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Valves by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

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