2023
Exports
$125MWorld Rnk 39 / 216
Flag Rnk 231 / 1189
2023
PRODUCT COMPLEXITY IN Electric Heaters
0.45Rnk 380 / 1025
2023
Imports
$491MWorld Rnk 33 / 225
Flag Rnk 83 / 1203
2023
ECONOMIC COMPLEXITY of Chinese Taipei
2Rnk 2 / 132

About

Exports In 2023, Chinese Taipei exported $125M in Electric Heaters, making it the 39th largest exporter of Electric Heaters in the world. At the same year, Electric Heaters was the 231st most exported product in Chinese Taipei. The main destination of Electric Heaters exports from Chinese Taipei are: United States ($45.8M), China ($17.1M), Singapore ($6.3M), Japan ($4.88M), and Canada ($4.33M).

The fastest growing export markets for Electric Heaters of Chinese Taipei between 2022 and 2023 were Philippines ($721k), Mexico ($472k), and South Korea ($416k).

Imports In 2023, Chinese Taipei imported $491M in Electric Heaters, becoming the 33rd largest importer of Electric Heaters in the world. At the same year, Electric Heaters was the 83rd most imported product in Chinese Taipei. Chinese Taipei imports Electric Heaters primarily from: China ($266M), Japan ($93.9M), Malaysia ($27.2M), Philippines ($22.1M), and United States ($21.9M).

The fastest growing import markets in Electric Heaters for Chinese Taipei between 2022 and 2023 were South Korea ($1.77M), Hong Kong ($736k), and Hungary ($370k).

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 Electric Heaters. 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)$125M
IMPORTS (2023)$491M
NET TRADE (2023)-$365M

In 2023, Chinese Taipei exported $125M in Electric Heaters. The main destinations of Chinese Taipei exports on Electric Heaters were United States ($45.8M), China ($17.1M), Singapore ($6.3M), Japan ($4.88M), and Canada ($4.33M).

In 2023, Chinese Taipei imported $491M in Electric Heaters, mainly from China ($266M), Japan ($93.9M), Malaysia ($27.2M), Philippines ($22.1M), and United States ($21.9M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electric Heaters EXPORT MARKETS FOR Chinese Taipei WERE (2022 - 2023):
Philippines$721k (36.3%)
Mexico$472k (14.1%)
South Korea$416k (61.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Heaters BY Chinese Taipei WERE (2022 - 2023):
United States-$17.1M (-27.2%)
China-$8.6M (-33.5%)
Japan-$2.92M (-37.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Chinese Taipei's main exporting competitors in Electric Heaters were:
Germany $4.19B
Italy $2.87B
In 2023, Chinese Taipei's main importing competitors in Electric Heaters were:

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Trade Value of Electric Heaters by Exporters

Potential Exports

Potential Exports

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

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