2022
Exports
$132MWorld Rnk 9 / 159
Flag Rnk 253 / 1195
2022
PRODUCT COMPLEXITY IN Electric Furnaces
1.31Rnk 93 / 1025
2022
Imports
$163MWorld Rnk 11 / 209
Flag Rnk 257 / 1210
2022
ECONOMIC COMPLEXITY of Chinese Taipei
1.94Rnk 3 / 133

About

Exports In 2022, Chinese Taipei exported $132M in Electric Furnaces, making it the 9th largest exporter of Electric Furnaces in the world. At the same year, Electric Furnaces was the 253rd most exported product in Chinese Taipei. The main destination of Electric Furnaces exports from Chinese Taipei are: China ($78.1M), Vietnam ($7.5M), Turkey ($5.96M), Japan ($4.72M), and Malaysia ($4.04M).

The fastest growing export markets for Electric Furnaces of Chinese Taipei between 2021 and 2022 were Turkey ($4.99M), Indonesia ($1.65M), and Ireland ($1.31M).

Imports In 2022, Chinese Taipei imported $163M in Electric Furnaces, becoming the 11th largest importer of Electric Furnaces in the world. At the same year, Electric Furnaces was the 257th most imported product in Chinese Taipei. Chinese Taipei imports Electric Furnaces primarily from: China ($57M), Japan ($32M), United States ($29.5M), Malaysia ($10.8M), and Germany ($9.44M).

The fastest growing import markets in Electric Furnaces for Chinese Taipei between 2021 and 2022 were Malaysia ($10.5M), China ($4.7M), and Italy ($3.55M).

Latest Trends

Jul 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 Electric Furnaces. 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)$132M
IMPORTS (2022)$163M
NET TRADE (2022)-$31.4M

In 2022, Chinese Taipei exported $132M in Electric Furnaces. The main destinations of Chinese Taipei exports on Electric Furnaces were China ($78.1M), Vietnam ($7.5M), Turkey ($5.96M), Japan ($4.72M), and Malaysia ($4.04M).

In 2022, Chinese Taipei imported $163M in Electric Furnaces, mainly from China ($57M), Japan ($32M), United States ($29.5M), Malaysia ($10.8M), and Germany ($9.44M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Furnaces EXPORT MARKETS FOR Chinese Taipei WERE (2021 - 2022):
Turkey$4.99M (513%)
Indonesia$1.65M (70.1%)
Ireland$1.31M (76.1k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Furnaces BY Chinese Taipei WERE (2021 - 2022):
China-$23.9M (-23.5%)
Thailand-$3.8M (-55.2%)
Uzbekistan-$1.95M (-83%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Chinese Taipei's main exporting competitors in Electric Furnaces were:
China $1.22B
Italy $722M
In 2022, Chinese Taipei's main importing competitors in Electric Furnaces were:

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Trade Value of Electric Furnaces by Exporters

Potential Exports

Potential Exports

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

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