2022
Exports
$12.9BWorld Rnk 15 / 223
Flag Rnk 7 / 96
2022
PRODUCT COMPLEXITY IN Iron & steel
1.68Rnk 28 / 1025
2022
Imports
$10.4BWorld Rnk 18 / 225
Flag Rnk 6 / 96
2022
ECONOMIC COMPLEXITY of Chinese Taipei
1.94Rnk 3 / 133

About

Exports In 2022, Chinese Taipei exported $12.9B in Iron & steel, making it the 15th largest exporter of Iron & steel in the world. At the same year, Iron & steel was the 7th most exported product in Chinese Taipei. The main destination of Iron & steel exports from Chinese Taipei are: United States ($1.51B), Japan ($1.05B), Vietnam ($1.02B), China ($974M), and Malaysia ($856M).

The fastest growing export markets for Iron & steel of Chinese Taipei between 2021 and 2022 were Italy ($294M), Japan ($193M), and Malaysia ($156M).

Imports In 2022, Chinese Taipei imported $10.4B in Iron & steel, becoming the 18th largest importer of Iron & steel in the world. At the same year, Iron & steel was the 6th most imported product in Chinese Taipei. Chinese Taipei imports Iron & steel primarily from: Indonesia ($2.36B), Japan ($2.06B), China ($1.44B), Russia ($1.22B), and United States ($617M).

The fastest growing import markets in Iron & steel for Chinese Taipei between 2021 and 2022 were Norway ($47.7M), Mozambique ($15.8M), and Singapore ($10.3M).

Latest Trends

Sep 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 & steel. 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)$12.9B
IMPORTS (2022)$10.4B
NET TRADE (2022)$2.52B

In 2022, Chinese Taipei exported $12.9B in Iron & steel. The main destinations of Chinese Taipei exports on Iron & steel were United States ($1.51B), Japan ($1.05B), Vietnam ($1.02B), China ($974M), and Malaysia ($856M).

In 2022, Chinese Taipei imported $10.4B in Iron & steel, mainly from Indonesia ($2.36B), Japan ($2.06B), China ($1.44B), Russia ($1.22B), and United States ($617M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron & steel EXPORT MARKETS FOR Chinese Taipei WERE (2021 - 2022):
Italy$294M (54.2%)
Japan$193M (22.4%)
Malaysia$156M (22.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron & steel BY Chinese Taipei WERE (2021 - 2022):
China-$483M (-33.2%)
Belgium-$295M (-37.2%)
Pakistan-$137M (-54.2%)

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 & steel were:
China $69.8B
Germany $36.9B
Japan $35.7B
In 2022, Chinese Taipei's main importing competitors in Iron & steel were:

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Trade Value of Iron & steel by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

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