2023
Exports
$1.01BWorld Rnk 2 / 196
Flag Rnk 56 / 1189
2023
PRODUCT COMPLEXITY IN Wrenches
1.5Rnk 44 / 1025
2023
Imports
$34.4MWorld Rnk 26 / 221
Flag Rnk 540 / 1203
2023
ECONOMIC COMPLEXITY of Chinese Taipei
2Rnk 2 / 132

About

Exports In 2023, Chinese Taipei exported $1.01B in Wrenches, making it the 2nd largest exporter of Wrenches in the world. At the same year, Wrenches was the 56th most exported product in Chinese Taipei. The main destination of Wrenches exports from Chinese Taipei are: United States ($360M), Germany ($80.8M), China ($54.2M), Japan ($40.5M), and France ($39.6M).

The fastest growing export markets for Wrenches of Chinese Taipei between 2022 and 2023 were Russia ($8.55M), Canada ($3.17M), and Indonesia ($2.3M).

Imports In 2023, Chinese Taipei imported $34.4M in Wrenches, becoming the 26th largest importer of Wrenches in the world. At the same year, Wrenches was the 540th most imported product in Chinese Taipei. Chinese Taipei imports Wrenches primarily from: China ($19.9M), Vietnam ($6.02M), Japan ($2.67M), United States ($1.43M), and Germany ($845k).

The fastest growing import markets in Wrenches for Chinese Taipei between 2022 and 2023 were India ($321k), Netherlands ($156k), and Turkey ($147k).

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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 Wrenches. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$1.01B
IMPORTS (2023)$34.4M
NET TRADE (2023)$977M

In 2023, Chinese Taipei exported $1.01B in Wrenches. The main destinations of Chinese Taipei exports on Wrenches were United States ($360M), Germany ($80.8M), China ($54.2M), Japan ($40.5M), and France ($39.6M).

In 2023, Chinese Taipei imported $34.4M in Wrenches, mainly from China ($19.9M), Vietnam ($6.02M), Japan ($2.67M), United States ($1.43M), and Germany ($845k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wrenches EXPORT MARKETS FOR Chinese Taipei WERE (2022 - 2023):
Russia$8.55M (32%)
Canada$3.17M (12.6%)
Indonesia$2.3M (24%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wrenches BY Chinese Taipei WERE (2022 - 2023):
United States-$70.9M (-16.4%)
China-$31.6M (-36.8%)
Australia-$24.3M (-39.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Chinese Taipei's main exporting competitors in Wrenches were:
China $1.21B
In 2023, Chinese Taipei's main importing competitors in Wrenches were:

Explore Visualizations

Trade Value of Wrenches by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with