2023
Exports
$235MWorld Rnk 3 / 196
Flag Rnk 168 / 1189
2023
PRODUCT COMPLEXITY IN Hand Tools
0.76Rnk 262 / 1025
2023
Imports
$20.9MWorld Rnk 30 / 220
Flag Rnk 637 / 1203
2023
ECONOMIC COMPLEXITY of Chinese Taipei
2Rnk 2 / 132

About

Exports In 2023, Chinese Taipei exported $235M in Hand Tools, making it the 3rd largest exporter of Hand Tools in the world. At the same year, Hand Tools was the 168th most exported product in Chinese Taipei. The main destination of Hand Tools exports from Chinese Taipei are: United States ($86.4M), Germany ($19.8M), Japan ($13.3M), China ($9.56M), and Russia ($9.1M).

The fastest growing export markets for Hand Tools of Chinese Taipei between 2022 and 2023 were Russia ($2.3M), Ireland ($789k), and Ukraine ($375k).

Imports In 2023, Chinese Taipei imported $20.9M in Hand Tools, becoming the 30th largest importer of Hand Tools in the world. At the same year, Hand Tools was the 637th most imported product in Chinese Taipei. Chinese Taipei imports Hand Tools primarily from: China ($8.23M), Vietnam ($5.44M), Japan ($3.48M), Germany ($2.02M), and United States ($487k).

The fastest growing import markets in Hand Tools for Chinese Taipei between 2022 and 2023 were Vietnam ($552k), Germany ($138k), and India ($99.4k).

Latest Trends

Jan 2025

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 Hand Tools. 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)$235M
IMPORTS (2023)$20.9M
NET TRADE (2023)$214M

In 2023, Chinese Taipei exported $235M in Hand Tools. The main destinations of Chinese Taipei exports on Hand Tools were United States ($86.4M), Germany ($19.8M), Japan ($13.3M), China ($9.56M), and Russia ($9.1M).

In 2023, Chinese Taipei imported $20.9M in Hand Tools, mainly from China ($8.23M), Vietnam ($5.44M), Japan ($3.48M), Germany ($2.02M), and United States ($487k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Hand Tools EXPORT MARKETS FOR Chinese Taipei WERE (2022 - 2023):
Russia$2.3M (33.9%)
Ireland$789k (146%)
Ukraine$375k (71.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hand Tools BY Chinese Taipei WERE (2022 - 2023):
United States-$13.9M (-13.8%)
Germany-$4.24M (-17.7%)
China-$3.53M (-27%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Hand Tools by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

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