2022
Exports
$71.7BWorld Rnk 10 / 226
Flag Rnk 2 / 96
2022
PRODUCT COMPLEXITY IN Machinery, mechanical appliances, & parts
2.21Rnk 2 / 1025
2022
Imports
$51.4BWorld Rnk 15 / 226
Flag Rnk 3 / 96
2022
ECONOMIC COMPLEXITY of Chinese Taipei
1.94Rnk 3 / 133

About

Exports In 2022, Chinese Taipei exported $71.7B in Machinery, mechanical appliances, & parts, making it the 10th largest exporter of Machinery, mechanical appliances, & parts in the world. At the same year, Machinery, mechanical appliances, & parts was the 2nd most exported product in Chinese Taipei. The main destination of Machinery, mechanical appliances, & parts exports from Chinese Taipei are: United States ($25.9B), China ($11.6B), Hong Kong ($3.72B), Chinese Taipei ($3.03B), and Japan ($2.76B).

The fastest growing export markets for Machinery, mechanical appliances, & parts of Chinese Taipei between 2021 and 2022 were United States ($4.74B), Chinese Taipei ($1.36B), and Mexico ($730M).

Imports In 2022, Chinese Taipei imported $51.4B in Machinery, mechanical appliances, & parts, becoming the 15th largest importer of Machinery, mechanical appliances, & parts in the world. At the same year, Machinery, mechanical appliances, & parts was the 3rd most imported product in Chinese Taipei. Chinese Taipei imports Machinery, mechanical appliances, & parts primarily from: China ($12.5B), Japan ($9.74B), United States ($7.45B), Netherlands ($6.55B), and Chinese Taipei ($3.03B).

The fastest growing import markets in Machinery, mechanical appliances, & parts for Chinese Taipei between 2021 and 2022 were Netherlands ($4.83B), Japan ($3.3B), and United States ($2.95B).

Latest Trends

Oct 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 Machinery, mechanical appliances, & 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)$71.7B
IMPORTS (2022)$51.4B
NET TRADE (2022)$20.3B

In 2022, Chinese Taipei exported $71.7B in Machinery, mechanical appliances, & parts. The main destinations of Chinese Taipei exports on Machinery, mechanical appliances, & parts were United States ($25.9B), China ($11.6B), Hong Kong ($3.72B), Chinese Taipei ($3.03B), and Japan ($2.76B).

In 2022, Chinese Taipei imported $51.4B in Machinery, mechanical appliances, & parts, mainly from China ($12.5B), Japan ($9.74B), United States ($7.45B), Netherlands ($6.55B), and Chinese Taipei ($3.03B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Machinery, mechanical appliances, & parts EXPORT MARKETS FOR Chinese Taipei WERE (2021 - 2022):
United States$4.74B (22.4%)
Chinese Taipei$1.36B (81.8%)
Mexico$730M (61.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Machinery, mechanical appliances, & parts BY Chinese Taipei WERE (2021 - 2022):
China-$1.4B (-10.7%)
Russia-$178M (-37.1%)
Argentina-$60M (-35.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Chinese Taipei's main exporting competitors in Machinery, mechanical appliances, & parts were:
In 2022, Chinese Taipei's main importing competitors in Machinery, mechanical appliances, & parts were:

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Trade Value of Machinery, mechanical appliances, & parts by Exporters

Potential Exports

Potential Exports

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

Machinery, mechanical appliances, & parts’s highest export potential is N/A. With an export gap of N/A.   Machinery, mechanical appliances, & parts’s highest import potential is N/A with an import gap of N/A.

See methodology.

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