2023
Exports
$388kWorld Rnk 54 / 99
Flag Rnk 1010 / 1189
2023
PRODUCT COMPLEXITY IN Iron Reductions
-1.12Rnk 860 / 1025
2023
Imports
$3.56MWorld Rnk 38 / 142
Flag Rnk 911 / 1203
2023
ECONOMIC COMPLEXITY of Chinese Taipei
2Rnk 2 / 132

About

Exports In 2023, Chinese Taipei exported $388k in Iron Reductions, making it the 54th largest exporter of Iron Reductions in the world. At the same year, Iron Reductions was the 1010th most exported product in Chinese Taipei. The main destination of Iron Reductions exports from Chinese Taipei are: Saudi Arabia ($343k), Sweden ($36.5k), China ($5.76k), Vietnam ($1.06k), and Tonga ($353).

The fastest growing export markets for Iron Reductions of Chinese Taipei between 2022 and 2023 were Saudi Arabia ($170k), Sweden ($36.5k), and China ($3.84k).

Imports In 2023, Chinese Taipei imported $3.56M in Iron Reductions, becoming the 38th largest importer of Iron Reductions in the world. At the same year, Iron Reductions was the 911th most imported product in Chinese Taipei. Chinese Taipei imports Iron Reductions primarily from: Malaysia ($2.86M), China ($675k), Italy ($10.1k), Japan ($9.08k), and Germany ($1.77k).

The fastest growing import markets in Iron Reductions for Chinese Taipei between 2022 and 2023 were Malaysia ($2.84M), China ($141k), and Italy ($10.1k).

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 Iron Reductions. 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)$388k
IMPORTS (2023)$3.56M
NET TRADE (2023)-$3.17M

In 2023, Chinese Taipei exported $388k in Iron Reductions. The main destinations of Chinese Taipei exports on Iron Reductions were Saudi Arabia ($343k), Sweden ($36.5k), China ($5.76k), Vietnam ($1.06k), and Tonga ($353).

In 2023, Chinese Taipei imported $3.56M in Iron Reductions, mainly from Malaysia ($2.86M), China ($675k), Italy ($10.1k), Japan ($9.08k), and Germany ($1.77k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Reductions EXPORT MARKETS FOR Chinese Taipei WERE (2022 - 2023):
Saudi Arabia$170k (98.5%)
Sweden$36.5k (1%)
China$3.84k (200%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Reductions BY Chinese Taipei WERE (2022 - 2023):
South Korea-$80.9k (-100%)
Philippines-$25.3k (-99%)
Thailand-$3.13k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Iron Reductions by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

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