2022
Exports
$116kWorld Rnk 59 / 89
Flag Rnk 1092 / 1195
2022
PRODUCT COMPLEXITY IN Iron Reductions
-1.54Rnk 951 / 1025
2022
Imports
$5.97MWorld Rnk 36 / 144
Flag Rnk 877 / 1210
2022
ECONOMIC COMPLEXITY of Chinese Taipei
1.94Rnk 3 / 133

About

Exports In 2022, Chinese Taipei exported $116k in Iron Reductions, making it the 59th largest exporter of Iron Reductions in the world. At the same year, Iron Reductions was the 1092nd most exported product in Chinese Taipei. The main destination of Iron Reductions exports from Chinese Taipei are: South Korea ($80.9k), Philippines ($25.6k), Thailand ($3.13k), Malaysia ($2.55k), and New Zealand ($2.15k).

The fastest growing export markets for Iron Reductions of Chinese Taipei between 2021 and 2022 were South Korea ($62.8k), Philippines ($21.9k), and Thailand ($3.13k).

Imports In 2022, Chinese Taipei imported $5.97M in Iron Reductions, becoming the 36th largest importer of Iron Reductions in the world. At the same year, Iron Reductions was the 877th most imported product in Chinese Taipei. Chinese Taipei imports Iron Reductions primarily from: China ($5.91M), Japan ($36.2k), Malaysia ($15.7k), South Korea ($9.7k), and Spain ($1.85k).

The fastest growing import markets in Iron Reductions for Chinese Taipei between 2021 and 2022 were China ($5.47M), South Korea ($4.53k), and Malaysia ($3.11k).

Latest Trends

Apr 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 (2022)$116k
IMPORTS (2022)$5.97M
NET TRADE (2022)-$5.86M

In 2022, Chinese Taipei exported $116k in Iron Reductions. The main destinations of Chinese Taipei exports on Iron Reductions were South Korea ($80.9k), Philippines ($25.6k), Thailand ($3.13k), Malaysia ($2.55k), and New Zealand ($2.15k).

In 2022, Chinese Taipei imported $5.97M in Iron Reductions, mainly from China ($5.91M), Japan ($36.2k), Malaysia ($15.7k), South Korea ($9.7k), and Spain ($1.85k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Reductions EXPORT MARKETS FOR Chinese Taipei WERE (2021 - 2022):
South Korea$62.8k (346%)
Philippines$21.9k (588%)
Thailand$3.13k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Reductions BY Chinese Taipei WERE (2021 - 2022):
China-$18.3k (-93.9%)
United States-$9.12k (-96.1%)
Norway-$6.3k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Chinese Taipei's main exporting competitors in Iron Reductions were:
In 2022, Chinese Taipei's main importing competitors in Iron Reductions were:

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Trade Value of Iron Reductions by Exporters

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