2022
Exports
$897MWorld Rnk 3 / 206
Flag Rnk 81 / 1195
2022
PRODUCT COMPLEXITY IN Motor-working Tools
1.33Rnk 88 / 1025
2022
Imports
$60.7MWorld Rnk 37 / 224
Flag Rnk 445 / 1210
2022
ECONOMIC COMPLEXITY of Chinese Taipei
1.94Rnk 3 / 133

About

Exports In 2022, Chinese Taipei exported $897M in Motor-working Tools, making it the 3rd largest exporter of Motor-working Tools in the world. At the same year, Motor-working Tools was the 81st most exported product in Chinese Taipei. The main destination of Motor-working Tools exports from Chinese Taipei are: United States ($438M), China ($63.7M), Japan ($45.4M), Germany ($42.5M), and Canada ($30M).

The fastest growing export markets for Motor-working Tools of Chinese Taipei between 2021 and 2022 were Canada ($4.46M), Vietnam ($3.21M), and Singapore ($2.57M).

Imports In 2022, Chinese Taipei imported $60.7M in Motor-working Tools, becoming the 37th largest importer of Motor-working Tools in the world. At the same year, Motor-working Tools was the 445th most imported product in Chinese Taipei. Chinese Taipei imports Motor-working Tools primarily from: China ($36.4M), Japan ($7.67M), United States ($5.15M), Vietnam ($2.03M), and Thailand ($1.87M).

The fastest growing import markets in Motor-working Tools for Chinese Taipei between 2021 and 2022 were United States ($2.21M), Japan ($1.27M), and Thailand ($542k).

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 Motor-working Tools. 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)$897M
IMPORTS (2022)$60.7M
NET TRADE (2022)$836M

In 2022, Chinese Taipei exported $897M in Motor-working Tools. The main destinations of Chinese Taipei exports on Motor-working Tools were United States ($438M), China ($63.7M), Japan ($45.4M), Germany ($42.5M), and Canada ($30M).

In 2022, Chinese Taipei imported $60.7M in Motor-working Tools, mainly from China ($36.4M), Japan ($7.67M), United States ($5.15M), Vietnam ($2.03M), and Thailand ($1.87M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Motor-working Tools EXPORT MARKETS FOR Chinese Taipei WERE (2021 - 2022):
Canada$4.46M (17.5%)
Vietnam$3.21M (22.8%)
Singapore$2.57M (50.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Motor-working Tools BY Chinese Taipei WERE (2021 - 2022):
United States-$49.9M (-10.2%)
Hong Kong-$11.1M (-46.7%)
Japan-$10.5M (-18.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Chinese Taipei's main exporting competitors in Motor-working Tools were:
China $3.37B
In 2022, Chinese Taipei's main importing competitors in Motor-working Tools were:

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Trade Value of Motor-working Tools by Exporters

Potential Exports

Potential Exports

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

Motor-working Tools’s highest export potential is N/A. With an export gap of N/A.   Motor-working Tools’s highest import potential is N/A with an import gap of N/A.

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