2023
Exports
$4.98MWorld Rnk 53 / 194
Flag Rnk 726 / 1189
2023
PRODUCT COMPLEXITY IN Essential Oils
-1.17Rnk 872 / 1025
2023
Imports
$32.9MWorld Rnk 26 / 217
Flag Rnk 548 / 1203
2023
ECONOMIC COMPLEXITY of Chinese Taipei
2Rnk 2 / 132

About

Exports In 2023, Chinese Taipei exported $4.98M in Essential Oils, making it the 53rd largest exporter of Essential Oils in the world. At the same year, Essential Oils was the 726th most exported product in Chinese Taipei. The main destination of Essential Oils exports from Chinese Taipei are: Japan ($1.37M), China ($832k), Singapore ($431k), Vietnam ($391k), and Hong Kong ($383k).

The fastest growing export markets for Essential Oils of Chinese Taipei between 2022 and 2023 were Japan ($476k), Philippines ($117k), and Indonesia ($110k).

Imports In 2023, Chinese Taipei imported $32.9M in Essential Oils, becoming the 26th largest importer of Essential Oils in the world. At the same year, Essential Oils was the 548th most imported product in Chinese Taipei. Chinese Taipei imports Essential Oils primarily from: United States ($15.2M), France ($2.84M), China ($2.26M), Australia ($1.85M), and United Kingdom ($1.64M).

The fastest growing import markets in Essential Oils for Chinese Taipei between 2022 and 2023 were United States ($4M), France ($1.01M), and Brazil ($271k).

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 Essential Oils. 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)$4.98M
IMPORTS (2023)$32.9M
NET TRADE (2023)-$27.9M

In 2023, Chinese Taipei exported $4.98M in Essential Oils. The main destinations of Chinese Taipei exports on Essential Oils were Japan ($1.37M), China ($832k), Singapore ($431k), Vietnam ($391k), and Hong Kong ($383k).

In 2023, Chinese Taipei imported $32.9M in Essential Oils, mainly from United States ($15.2M), France ($2.84M), China ($2.26M), Australia ($1.85M), and United Kingdom ($1.64M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Essential Oils EXPORT MARKETS FOR Chinese Taipei WERE (2022 - 2023):
Japan$476k (53.5%)
Philippines$117k (429%)
Indonesia$110k (109%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Essential Oils BY Chinese Taipei WERE (2022 - 2023):
Thailand-$326k (-83.6%)
Malaysia-$324k (-58%)
Singapore-$202k (-31.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Essential Oils by Exporters

Potential Exports

Potential Exports

Flow
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N/A
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N/AN/A

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

See methodology.

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