2022
Exports
$97.5MWorld Rnk 15 / 195
Flag Rnk 302 / 1195
2022
PRODUCT COMPLEXITY IN Lubricating Products
1.61Rnk 36 / 1025
2022
Imports
$146MWorld Rnk 25 / 224
Flag Rnk 280 / 1210
2022
ECONOMIC COMPLEXITY of Chinese Taipei
1.94Rnk 3 / 133

About

Exports In 2022, Chinese Taipei exported $97.5M in Lubricating Products, making it the 15th largest exporter of Lubricating Products in the world. At the same year, Lubricating Products was the 302nd most exported product in Chinese Taipei. The main destination of Lubricating Products exports from Chinese Taipei are: China ($39.3M), Vietnam ($21M), South Korea ($6.45M), Malaysia ($5.41M), and Indonesia ($4.6M).

The fastest growing export markets for Lubricating Products of Chinese Taipei between 2021 and 2022 were South Korea ($2.65M), United States ($712k), and Thailand ($384k).

Imports In 2022, Chinese Taipei imported $146M in Lubricating Products, becoming the 25th largest importer of Lubricating Products in the world. At the same year, Lubricating Products was the 280th most imported product in Chinese Taipei. Chinese Taipei imports Lubricating Products primarily from: Japan ($36.9M), Germany ($23.1M), China ($18.5M), United States ($17.4M), and Singapore ($11.1M).

The fastest growing import markets in Lubricating Products for Chinese Taipei between 2021 and 2022 were Singapore ($3.51M), United Arab Emirates ($1.13M), and Thailand ($788k).

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 Lubricating Products. 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)$97.5M
IMPORTS (2022)$146M
NET TRADE (2022)-$48.1M

In 2022, Chinese Taipei exported $97.5M in Lubricating Products. The main destinations of Chinese Taipei exports on Lubricating Products were China ($39.3M), Vietnam ($21M), South Korea ($6.45M), Malaysia ($5.41M), and Indonesia ($4.6M).

In 2022, Chinese Taipei imported $146M in Lubricating Products, mainly from Japan ($36.9M), Germany ($23.1M), China ($18.5M), United States ($17.4M), and Singapore ($11.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Lubricating Products EXPORT MARKETS FOR Chinese Taipei WERE (2021 - 2022):
South Korea$2.65M (69.6%)
United States$712k (59.6%)
Thailand$384k (11.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lubricating Products BY Chinese Taipei WERE (2021 - 2022):
China-$14.8M (-27.3%)
Hong Kong-$1.04M (-29.3%)
Philippines-$428k (-19.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Chinese Taipei's main exporting competitors in Lubricating Products were:
In 2022, Chinese Taipei's main importing competitors in Lubricating Products were:
China $1.71B

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Trade Value of Lubricating Products by Exporters

Potential Exports

Potential Exports

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

See methodology.

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