2022
Exports
$661MWorld Rnk 8 / 213
Flag Rnk 100 / 1195
2022
PRODUCT COMPLEXITY IN Interchangeable Tool Parts
1.7Rnk 24 / 1025
2022
Imports
$180MWorld Rnk 32 / 225
Flag Rnk 249 / 1210
2022
ECONOMIC COMPLEXITY of Chinese Taipei
1.94Rnk 3 / 133

About

Exports In 2022, Chinese Taipei exported $661M in Interchangeable Tool Parts, making it the 8th largest exporter of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 100th most exported product in Chinese Taipei. The main destination of Interchangeable Tool Parts exports from Chinese Taipei are: China ($169M), United States ($160M), Germany ($34.1M), Japan ($34M), and Thailand ($18.8M).

The fastest growing export markets for Interchangeable Tool Parts of Chinese Taipei between 2021 and 2022 were Russia ($4.62M), Turkey ($3.72M), and Spain ($1.44M).

Imports In 2022, Chinese Taipei imported $180M in Interchangeable Tool Parts, becoming the 32nd largest importer of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 249th most imported product in Chinese Taipei. Chinese Taipei imports Interchangeable Tool Parts primarily from: China ($65.6M), Japan ($51.1M), South Korea ($15.7M), Singapore ($10.7M), and Germany ($10.2M).

The fastest growing import markets in Interchangeable Tool Parts for Chinese Taipei between 2021 and 2022 were Singapore ($3.1M), South Korea ($2.66M), and Malaysia ($985k).

Latest Trends

Jul 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 Interchangeable Tool Parts. 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)$661M
IMPORTS (2022)$180M
NET TRADE (2022)$481M

In 2022, Chinese Taipei exported $661M in Interchangeable Tool Parts. The main destinations of Chinese Taipei exports on Interchangeable Tool Parts were China ($169M), United States ($160M), Germany ($34.1M), Japan ($34M), and Thailand ($18.8M).

In 2022, Chinese Taipei imported $180M in Interchangeable Tool Parts, mainly from China ($65.6M), Japan ($51.1M), South Korea ($15.7M), Singapore ($10.7M), and Germany ($10.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Interchangeable Tool Parts EXPORT MARKETS FOR Chinese Taipei WERE (2021 - 2022):
Russia$4.62M (40.7%)
Turkey$3.72M (28.2%)
Spain$1.44M (39.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Interchangeable Tool Parts BY Chinese Taipei WERE (2021 - 2022):
China-$34.5M (-17%)
United States-$17M (-9.6%)
India-$6.47M (-38.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Chinese Taipei's main exporting competitors in Interchangeable Tool Parts were:
In 2022, Chinese Taipei's main importing competitors in Interchangeable Tool Parts were:

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Trade Value of Interchangeable Tool Parts by Exporters

Potential Exports

Potential Exports

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

Interchangeable Tool Parts’s highest export potential is N/A. With an export gap of N/A.   Interchangeable Tool Parts’s highest import potential is N/A with an import gap of N/A.

See methodology.

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