2023
Exports
$134MWorld Rnk 6 / 158
Flag Rnk 226 / 1189
2023
PRODUCT COMPLEXITY IN Metalworking Machines
1.85Rnk 8 / 1025
2023
Imports
$34.6MWorld Rnk 17 / 213
Flag Rnk 537 / 1203
2023
ECONOMIC COMPLEXITY of Chinese Taipei
2Rnk 2 / 132

About

Exports In 2023, Chinese Taipei exported $134M in Metalworking Machines, making it the 6th largest exporter of Metalworking Machines in the world. At the same year, Metalworking Machines was the 226th most exported product in Chinese Taipei. The main destination of Metalworking Machines exports from Chinese Taipei are: United States ($32.6M), China ($10.1M), Germany ($8.09M), Australia ($6.52M), and Turkey ($5.24M).

The fastest growing export markets for Metalworking Machines of Chinese Taipei between 2022 and 2023 were Russia ($1.59M), Singapore ($1.15M), and Poland ($1.08M).

Imports In 2023, Chinese Taipei imported $34.6M in Metalworking Machines, becoming the 17th largest importer of Metalworking Machines in the world. At the same year, Metalworking Machines was the 537th most imported product in Chinese Taipei. Chinese Taipei imports Metalworking Machines primarily from: China ($11M), Japan ($9.62M), Germany ($8.36M), United States ($2.24M), and Switzerland ($1.6M).

The fastest growing import markets in Metalworking Machines for Chinese Taipei between 2022 and 2023 were China ($6.78M), Romania ($325k), and Hong Kong ($96.2k).

Latest Trends

Dec 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 Metalworking 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 (2023)$134M
IMPORTS (2023)$34.6M
NET TRADE (2023)$99.3M

In 2023, Chinese Taipei exported $134M in Metalworking Machines. The main destinations of Chinese Taipei exports on Metalworking Machines were United States ($32.6M), China ($10.1M), Germany ($8.09M), Australia ($6.52M), and Turkey ($5.24M).

In 2023, Chinese Taipei imported $34.6M in Metalworking Machines, mainly from China ($11M), Japan ($9.62M), Germany ($8.36M), United States ($2.24M), and Switzerland ($1.6M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Metalworking Machines EXPORT MARKETS FOR Chinese Taipei WERE (2022 - 2023):
Russia$1.59M (47%)
Singapore$1.15M (140%)
Poland$1.08M (138%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Machines BY Chinese Taipei WERE (2022 - 2023):
United States-$5.51M (-14.5%)
Thailand-$3.56M (-49.2%)
Australia-$2.33M (-26.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Chinese Taipei's main exporting competitors in Metalworking Machines were:
In 2023, Chinese Taipei's main importing competitors in Metalworking Machines were:

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Trade Value of Metalworking Machines by Exporters

Potential Exports

Potential Exports

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

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