2022
Exports
$1.02BWorld Rnk 2 / 200
Flag Rnk 72 / 1195
2022
PRODUCT COMPLEXITY IN Wrenches
1.67Rnk 30 / 1025
2022
Imports
$47.7MWorld Rnk 22 / 219
Flag Rnk 500 / 1210
2022
ECONOMIC COMPLEXITY of Chinese Taipei
1.94Rnk 3 / 133

About

Exports In 2022, Chinese Taipei exported $1.02B in Wrenches, making it the 2nd largest exporter of Wrenches in the world. At the same year, Wrenches was the 72nd most exported product in Chinese Taipei. The main destination of Wrenches exports from Chinese Taipei are: United States ($409M), Germany ($78.5M), China ($66.3M), Australia ($44.7M), and France ($36.6M).

The fastest growing export markets for Wrenches of Chinese Taipei between 2021 and 2022 were United States ($49.2M), Australia ($9.55M), and Russia ($3.82M).

Imports In 2022, Chinese Taipei imported $47.7M in Wrenches, becoming the 22nd largest importer of Wrenches in the world. At the same year, Wrenches was the 500th most imported product in Chinese Taipei. Chinese Taipei imports Wrenches primarily from: China ($30.6M), Vietnam ($6.36M), Japan ($3.1M), United States ($1.95M), and United Arab Emirates ($1.63M).

The fastest growing import markets in Wrenches for Chinese Taipei between 2021 and 2022 were Vietnam ($1.16M), United Arab Emirates ($878k), and United States ($654k).

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 Wrenches. 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)$1.02B
IMPORTS (2022)$47.7M
NET TRADE (2022)$972M

In 2022, Chinese Taipei exported $1.02B in Wrenches. The main destinations of Chinese Taipei exports on Wrenches were United States ($409M), Germany ($78.5M), China ($66.3M), Australia ($44.7M), and France ($36.6M).

In 2022, Chinese Taipei imported $47.7M in Wrenches, mainly from China ($30.6M), Vietnam ($6.36M), Japan ($3.1M), United States ($1.95M), and United Arab Emirates ($1.63M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wrenches EXPORT MARKETS FOR Chinese Taipei WERE (2021 - 2022):
United States$49.2M (13.7%)
Australia$9.55M (27.2%)
Russia$3.82M (16.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wrenches BY Chinese Taipei WERE (2021 - 2022):
China-$38.9M (-37%)
Germany-$17.2M (-17.9%)
United Kingdom-$3.06M (-11.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Chinese Taipei's main exporting competitors in Wrenches were:
China $1.41B
In 2022, Chinese Taipei's main importing competitors in Wrenches were:

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Trade Value of Wrenches by Exporters

Potential Exports

Potential Exports

Flow
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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.

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