# Taiwan to ARE HS 870360 new corridor signal

This page reviews a reported new-corridor signal for vehicles: with both spark-ignition internal combustion reciprocating piston engine and electric motor for propulsion, capable of being charged by plugging to external source of electric power. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 29/100
- Reported period: 2024
- Buyer market imports: $366.1M
- Buyer market growth: +82.8%
- Current exporter share: 0.0%
- Share gap: 38.8%

## What the signal means

The signal points to a newly observed exporter-to-buyer relationship in the available reporting. It is a prompt for market research, not a forecast, order, or guarantee of commercial access. Compare demand, suppliers, access, and route history together before acting.

## Market opportunity

- Latest buyer imports: $366.1M
- Three-year buyer-import projection: $715.0M
- Supplier countries observed: 37
- Average buyer imports: $43.0M
- Historical buyer-import peak: $366.1M
- Full-history buyer-import CAGR: +35.4%
- Latest buyer-import annual change: +82.8%

## Competition landscape

- Top supplier: CHN
- Top supplier share: 38.8%
- Market concentration: 2,742
- Exporter share: 0.0%
- Share gap to peer benchmark: 38.8%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 6,706 km
- Trade agreement: Not reported
- Business entry time: 3.8 days
- Shared spoken language score: 0

## Buyer economy

- GDP per person: $36.3K
- GDP per-person growth: +11.2%
- Population: 9,991k
- GDP: $358.9B
- GDP five-year CAGR: Not reported
- Investment rate: 26.4%
- Savings rate: 61.5%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $25.9 | +0.0% |

## Broader route context

Broader Taiwan to ARE route exports provide route context only; they are not presented as HS 870360 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $756.2M | +0.0% |
| 1996 | $788.7M | +4.3% |
| 1997 | $919.8M | +16.6% |
| 1998 | $545.8M | -40.7% |
| 1999 | $494.0M | -9.5% |
| 2000 | $486.3M | -1.6% |
| 2001 | $434.4M | -10.7% |
| 2002 | $606.2M | +39.5% |
| 2003 | $656.0M | +8.2% |
| 2004 | $1.0B | +55.7% |
| 2005 | $747.4M | -26.8% |
| 2006 | $841.5M | +12.6% |
| 2007 | $1.2B | +42.7% |
| 2008 | $1.2B | +0.8% |
| 2009 | $1.1B | -9.7% |
| 2010 | $1.6B | +50.4% |
| 2011 | $1.4B | -15.7% |
| 2012 | $1.2B | -11.6% |
| 2013 | $1.7B | +42.0% |
| 2014 | $2.0B | +15.8% |
| 2015 | $2.0B | -2.1% |
| 2016 | $1.6B | -18.4% |
| 2017 | $814.2M | -49.4% |
| 2018 | $546.7M | -32.8% |
| 2019 | $2.5B | +351.5% |
| 2020 | $1.5B | -38.9% |
| 2021 | $1.9B | +29.3% |
| 2022 | $2.7B | +38.1% |
| 2023 | $1.4B | -49.6% |
| 2024 | $556.4M | -59.0% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| Taiwan to GBR | HS 870340 | New corridor | $5.1B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/twn-gbr-870340) |
| Taiwan to Belgium | HS 382600 | New corridor | $3.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/twn-bel-382600) |
| Taiwan to Canada | HS 870340 | New corridor | $2.9B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/twn-can-870340) |
| Taiwan to Taiwan | HS 870340 | New corridor | $2.1B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/twn-twn-870340) |
| Taiwan to Italy | HS 870360 | New corridor | $1.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/twn-ita-870360) |
| Taiwan to Iraq | HS 100630 | New corridor | $1.6B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/twn-irq-100630) |
| Taiwan to Belgium | HS 040690 | New corridor | $1.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/twn-bel-040690) |
| Taiwan to France | HS 870195 | New corridor | $1.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/twn-fra-870195) |

## Frequently asked questions

### What does a new corridor signal mean?

It identifies an exporter, buyer market, and HS6 combination included in the available new-corridor signal set for 2024. It is a research prompt, not a guarantee of demand or sales.

### Is the market opportunity reported trade?

Reported buyer imports and exporter share are observations. Any projection or share-gap measure is calculated from the available data and should not be treated as an order or forecast.

### What should exporters check next?

Validate product fit, buyers, tariffs, standards, logistics, pricing, competition, and the depth of product-level history before pursuing the route.

## Method

The signal is a calculated research indicator based on available reported trade observations. It is not a confirmed order, sales forecast, or guarantee of market entry. Validate buyers, tariffs, standards, logistics, pricing, and competition before acting.

## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-09-02). [OECD Data Explorer](https://data-explorer.oecd.org/) - [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) - [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) - [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.