2023
Exports
$158MWorld Rnk 2 / 187
Flag Rnk 201 / 1189
2023
PRODUCT COMPLEXITY IN Tool Sets
1.14Rnk 126 / 1025
2023
Imports
$6.69MWorld Rnk 43 / 219
Flag Rnk 835 / 1203
2023
ECONOMIC COMPLEXITY of Chinese Taipei
2Rnk 2 / 132

About

Exports In 2023, Chinese Taipei exported $158M in Tool Sets, making it the 2nd largest exporter of Tool Sets in the world. At the same year, Tool Sets was the 201st most exported product in Chinese Taipei. The main destination of Tool Sets exports from Chinese Taipei are: United States ($36.7M), Germany ($19.3M), Russia ($18.3M), Australia ($10.3M), and United Kingdom ($8.39M).

The fastest growing export markets for Tool Sets of Chinese Taipei between 2022 and 2023 were Russia ($3.3M), Ukraine ($2.07M), and Kazakhstan ($1.84M).

Imports In 2023, Chinese Taipei imported $6.69M in Tool Sets, becoming the 43rd largest importer of Tool Sets in the world. At the same year, Tool Sets was the 835th most imported product in Chinese Taipei. Chinese Taipei imports Tool Sets primarily from: China ($3.58M), United States ($1.03M), Netherlands ($930k), Germany ($302k), and Denmark ($285k).

The fastest growing import markets in Tool Sets for Chinese Taipei between 2022 and 2023 were United States ($546k), Sweden ($137k), and Denmark ($106k).

Latest Trends

Jan 2025

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 Tool Sets. 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)$158M
IMPORTS (2023)$6.69M
NET TRADE (2023)$151M

In 2023, Chinese Taipei exported $158M in Tool Sets. The main destinations of Chinese Taipei exports on Tool Sets were United States ($36.7M), Germany ($19.3M), Russia ($18.3M), Australia ($10.3M), and United Kingdom ($8.39M).

In 2023, Chinese Taipei imported $6.69M in Tool Sets, mainly from China ($3.58M), United States ($1.03M), Netherlands ($930k), Germany ($302k), and Denmark ($285k).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Tool Sets EXPORT MARKETS FOR Chinese Taipei WERE (2022 - 2023):
Russia$3.3M (22%)
Ukraine$2.07M (133%)
Kazakhstan$1.84M (7.72k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tool Sets BY Chinese Taipei WERE (2022 - 2023):
United States-$9.26M (-20.1%)
Australia-$4.38M (-29.8%)
Poland-$4.37M (-59.8%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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

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Trade Value of Tool Sets by Exporters

Potential Exports

Potential Exports

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

See methodology.

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