2023
Exports
$2World Rnk 146 / 150
Flag Rnk 1189 / 1189
falsefalse Netherlands
2023
PRODUCT COMPLEXITY IN Crude Petroleum
-2.37Rnk 1015 / 1025
2023
Imports
$29.7BWorld Rnk 13 / 159
Flag Rnk 2 / 1203
2023
ECONOMIC COMPLEXITY of Chinese Taipei
2Rnk 2 / 132

About

Exports In 2023, Chinese Taipei exported $2 in Crude Petroleum, making it the 146th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 1189th most exported product in Chinese Taipei. The main destination of Crude Petroleum exports from Chinese Taipei are: Netherlands ($2).

Imports In 2023, Chinese Taipei imported $29.7B in Crude Petroleum, becoming the 13th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 2nd most imported product in Chinese Taipei. Chinese Taipei imports Crude Petroleum primarily from: Saudi Arabia ($8.14B), United States ($6.58B), Mexico ($4.61B), Kuwait ($4.38B), and United Arab Emirates ($2.03B).

The fastest growing import markets in Crude Petroleum for Chinese Taipei between 2022 and 2023 were Qatar ($292M), Norway ($79.3M), and Ghana ($76.5M).

Latest Trends

Dec 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 Crude Petroleum. 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 (2023)$2
IMPORTS (2023)$29.7B
NET TRADE (2023)-$29.7B

In 2023, Chinese Taipei exported $2 in Crude Petroleum. The main destinations of Chinese Taipei exports on Crude Petroleum were Netherlands ($2).

In 2023, Chinese Taipei imported $29.7B in Crude Petroleum, mainly from Saudi Arabia ($8.14B), United States ($6.58B), Mexico ($4.61B), Kuwait ($4.38B), and United Arab Emirates ($2.03B).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Chinese Taipei WERE (2022 - 2023):
Mexico-$585 (-100%)
Denmark-$425 (-100%)
Netherlands-$318 (-99.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Chinese Taipei's main exporting competitors in Crude Petroleum were:
In 2023, Chinese Taipei's main importing competitors in Crude Petroleum were:

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Trade Value of Crude Petroleum by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

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