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Exports In 2023, Chinese Taipei exported $10.3M in Nitric Acids, making it the 12th largest exporter of Nitric Acids in the world. At the same year, Nitric Acids was the 627th most exported product in Chinese Taipei. The main destination of Nitric Acids exports from Chinese Taipei are: India ($4.1M), Singapore ($2.66M), China ($2.22M), Malaysia ($333k), and United States ($296k).

The fastest growing export markets for Nitric Acids of Chinese Taipei between 2022 and 2023 were India ($1.04M), China ($1.02M), and Philippines ($108k).

Imports In 2023, Chinese Taipei imported $7.88M in Nitric Acids, becoming the 16th largest importer of Nitric Acids in the world. At the same year, Nitric Acids was the 811th most imported product in Chinese Taipei. Chinese Taipei imports Nitric Acids primarily from: South Korea ($4.27M), China ($1.01M), Japan ($922k), Singapore ($402k), and Belgium ($348k).

The fastest growing import markets in Nitric Acids for Chinese Taipei between 2022 and 2023 were Netherlands ($76.3k), Japan ($51.1k), and Thailand ($44.3k).

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 Nitric Acids. 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)$10.3M
IMPORTS (2023)$7.88M
NET TRADE (2023)$2.4M

In 2023, Chinese Taipei exported $10.3M in Nitric Acids. The main destinations of Chinese Taipei exports on Nitric Acids were India ($4.1M), Singapore ($2.66M), China ($2.22M), Malaysia ($333k), and United States ($296k).

In 2023, Chinese Taipei imported $7.88M in Nitric Acids, mainly from South Korea ($4.27M), China ($1.01M), Japan ($922k), Singapore ($402k), and Belgium ($348k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Nitric Acids EXPORT MARKETS FOR Chinese Taipei WERE (2022 - 2023):
India$1.04M (33.8%)
China$1.02M (85.5%)
Philippines$108k (104%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitric Acids BY Chinese Taipei WERE (2022 - 2023):
Japan-$935k (-83.3%)
United States-$341k (-53.5%)
Singapore-$238k (-8.21%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Chinese Taipei's main exporting competitors in Nitric Acids were:
In 2023, Chinese Taipei's main importing competitors in Nitric Acids were:
Germany $50.8M
France $35.9M
Belgium $35.3M

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Trade Value of Nitric Acids by Exporters

Potential Exports

Potential Exports

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

See methodology.

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