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Where does Taiwan get its refined petroleum products? Import sources 2024

In 2024, Taiwan imported $7.1 billion of refined petroleum products (13.3 million tonnes), 0.8% of the world total. Its main sources were Russia (30%), South Korea (20%) and the United Arab Emirates (12%). Taiwan was the world’s 32nd-largest importer of refined petroleum products.

Summary

Value
$7.1billion
Tonnes
13.3million tonnes
Share of world total
0.8%
World rank
32nd
Routes from the main sources. Width: value; color: estimated transport mode.SeaAirLand

Sources

The 20 main sources in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
Russia2.1Tonnes: 4,374,217USD per tonne: $49030.1%Sea
South Korea1.4Tonnes: 2,337,375USD per tonne: $60519.9%Sea
United Arab Emirates0.85Tonnes: 1,757,388USD per tonne: $48512%Sea
Singapore re-exports0.65Tonnes: 1,234,554USD per tonne: $5249.1%Sea
Malaysia0.5Tonnes: 823,966USD per tonne: $6027%Sea
Qatar0.25Tonnes: 506,058USD per tonne: $4853.5%Sea
China0.22Tonnes: 437,078USD per tonne: $5083.1%Sea
Belgium re-exports0.2Tonnes: 336,963USD per tonne: $5822.8%Sea
Japan0.14Tonnes: 105,047USD per tonne: $1,3021.9%Sea
Kuwait0.13Tonnes: 282,545USD per tonne: $4691.9%Sea
United States0.13Tonnes: 192,537USD per tonne: $6731.8%Sea
Greece0.1Tonnes: 175,127USD per tonne: $5491.4%Sea
India0.05Tonnes: 98,831USD per tonne: $5190.72%Sea
Oman0.05Tonnes: 103,238USD per tonne: $4900.71%Sea
France0.05Tonnes: 67,565USD per tonne: $6980.66%Sea
Thailand0.04Tonnes: 64,015USD per tonne: $6360.57%Sea
Saudi Arabia0.03Tonnes: 68,215USD per tonne: $4460.43%Sea
Australia0.03Tonnes: 33,741USD per tonne: $7510.36%Sea
Tunisia0.02Tonnes: 48,810USD per tonne: $5050.35%Sea
Italy0.02Tonnes: 31,894USD per tonne: $7490.34%Sea

Trend

Who it buys from

Russia has been its main source since 2023

Value in USD billions. The five largest sources in 2024.

  • Russia 2.1
  • South Korea 1.4
  • United Arab Emirates 0.85
  • Singapore 0.65
  • Malaysia 0.5

Source: CEPII BACI

Show the numbers
Partner19952024
Russia02.1
South Korea0.031.4
United Arab Emirates00.85
Singapore0.360.65
Malaysia0.020.5

Sources and methodology

Other products of this country

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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