2022
Exports
$364BWorld Rnk 4 / 226
Flag Rnk 1 / 21
2022
PRODUCT COMPLEXITY IN Machines
2.21Rnk 2 / 1025
2022
Imports
$167BWorld Rnk 9 / 226
Flag Rnk 1 / 21
2022
ECONOMIC COMPLEXITY of Chinese Taipei
1.94Rnk 3 / 133

About

Exports In 2022, Chinese Taipei exported $364B in Machines, making it the 4th largest exporter of Machines in the world. At the same year, Machines was the 1st most exported product in Chinese Taipei. The main destination of Machines exports from Chinese Taipei are: China ($85.2B), Hong Kong ($60B), United States ($50.8B), Singapore ($32.9B), and Japan ($23.2B).

The fastest growing export markets for Machines of Chinese Taipei between 2021 and 2022 were United States ($8.95B), Japan ($4.45B), and China ($4.2B).

Imports In 2022, Chinese Taipei imported $167B in Machines, becoming the 9th largest importer of Machines in the world. At the same year, Machines was the 1st most imported product in Chinese Taipei. Chinese Taipei imports Machines primarily from: China ($51.2B), Japan ($22.5B), Chinese Taipei ($18.2B), South Korea ($18B), and United States ($14.9B).

The fastest growing import markets in Machines for Chinese Taipei between 2021 and 2022 were Netherlands ($4.73B), United States ($3.98B), and Chinese Taipei ($3.48B).

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 Machines. 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)$364B
IMPORTS (2022)$167B
NET TRADE (2022)$197B

In 2022, Chinese Taipei exported $364B in Machines. The main destinations of Chinese Taipei exports on Machines were China ($85.2B), Hong Kong ($60B), United States ($50.8B), Singapore ($32.9B), and Japan ($23.2B).

In 2022, Chinese Taipei imported $167B in Machines, mainly from China ($51.2B), Japan ($22.5B), Chinese Taipei ($18.2B), South Korea ($18B), and United States ($14.9B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Machines EXPORT MARKETS FOR Chinese Taipei WERE (2021 - 2022):
United States$8.95B (21.4%)
Japan$4.45B (23.8%)
China$4.2B (5.19%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Machines BY Chinese Taipei WERE (2021 - 2022):
Russia-$438M (-49%)
Egypt-$80.5M (-37.8%)
Austria-$61.7M (-13.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Machines by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

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