Lubricant Oils Export of Taiwan – Trade Statistics & Market Insights
                     Lubricant Oils Export of Taiwan: The Trade 
Analysis of 2024 
Lubricant oils, the specialized fluids used to reduce friction, are among 
the top commodities globally traded due to their increasing use in the 
transportation and automotive industries, driven by the universal 
demand hike in industrial sectors, accompanied by the dependence on 
crude oil and refining capacity. Lubricants have reported an extensive 
hike in their consumer-based demand rates. Taiwan Import Data says, 
the country in East Asia, bordered by the Philippines and Japan to the 
north and south, have solidified themselves as a substantial contributor 
to the global lubricant oil export market due to their existing refining 
capacity and ready access to feedstocks. 
The vertical integration of the refineries and lubricant formulators, 
accompanied by the skilled chemical and mechanical engineering 
workforce, has benefited the overall trade. The high container and 
cargo throughput, with the well-developed domestic road links, has 
resulted in a total valuation of lubricant oils export worth 1.8 billion US 
dollars in 2024. The competitive trade and the availability of bonded 
warehouses have benefited the overall trade. Subscribe to Import 
Globals, the leading Taiwan import export trade provider for staying 
updated with the latest information regarding the lubricant oils export of 
the nation via the Taiwan trade data. 
GOVERNMENT INITIATIVES SUPPORTING THE LUBRICANT 
OEXILPSO RT OF TAIWAN IN 2024 
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pTrhoed ucuctsst.o m spot rate single window has regulated the petroleum 
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regulated buyers for Taiwanese lubricant exports. 
THE LEADING VARIANTS OF LUBRICANT OILS EXPORTED 
TFARIOWMA N 
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in the global trade output. According to the Taiwan Export Data, the 
topmost variants of lubricant oils exported from the nation in 2024 
are, 
 Automotive engine oils — The annual valuation of Automotive engine 
oils exported from Taiwan in 2024–422 million US dollars 
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 Gear oils- The annual valuation of Gear oils exported from Taiwan in 
2024–187 million US dollars 
 Marine lubricating oils- The annual valuation of Marine lubricating oils 
exported from Taiwan in 2024–132 million US dollars 
 Compressor oils- The annual valuation of Compressor oils exported 
from Taiwan in 2024–109 million US dollars 
 Turbine oils- The annual valuation of Turbine oils exported from 
Taiwan in 2024–98 million US dollars 
 Greases and semi-solid lubricants- The annual valuation of Greases 
and semi-solid lubricants exported from Taiwan in 2024–87 million US 
 dMoelltaarlsw orking fluids- The annual valuation of Metalworking fluids 
exported from Taiwan in 2024–76 million US dollars 
 Transformer and insulating oils- The annual valuation of Transformer 
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 
2S0y2n4th–e4t5ic  manilldio bni oU-bSa dsoeldla srsp ecialty lubricants exported from Taiwan in 
THE TOPMOST EXPORT TRADE PARTNERS OF TAIWAN IN 2024 
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maintained integrity with the topmost importing destinations. 
According to the Taiwan Customs Data, the topmost trade partners of 
the nation for lubricant oils exported in 2024 are, 
 United States — The total valuation of lubricant oils exported from 
Taiwan to the United States in 2024–321 million US dollars 
Top 5 variants of lubricant oils exported 
 Thermal fluid oil 
 Chain lubricant oil  

 CTeoxntvileey mora lcuhbirnicearyn to oili l 
 
 Spindle oil 
 China- The total valuation of lubricant oils exported from Taiwan to 
China in 2024–167 million US dollars 
Top 5 variants of lubricant oils exported 
 Quenching oil 
 Rust preventive oil  

ACnotrir-orussiot no ipl rotection oil 
 
 
 IHnosunlga tKinogn go-il  
 The total valuation of lubricant oils exported from Taiwan 
 to Hong Kong in 2024–121 million US dollars 
Top 5 variants of lubricant oils exported 
 Metalworking oil 
 Cutting oil  
 Grinding oil 
 
 Honing oil Drawing oil Singapore- The total valuation of lubricant oils 
 exported from Taiwan to Singapore in 2024–98 million US dollars 

 

 Top 5 variants of lubricant oils exported 

GStreerans teu boeil  oil 
 

CLiathlciuiumm g grereaassee o oili l 
 

JAalupmanin-u Tmh ec otomtapll evxa lguraetiaosne o of ill ubricant oils exported from Taiwan to 
 
 Japan in 2024–76 million US dollars 
 
 Top 5 variants of lubricant oils exported 
 


STuterabmine  t
 uoribl ine oil 
 

WGainsd t uturbrbininee o oil il 
 
 MSoauritnhe K luobreriac-a Ttinhge  otoilt al valuation of lubricant oils exported from 
 
 Taiwan to South Korea in 2024–68 million US dollars 
 
 Top 5 variants of lubricant oils exported 
 


RReoctaipryro ccoamtinpgres  co
smorp oreil ssor oil 
 
 RAier fcriogmerparteiosns ocro omilp ressor oil 
 

 

 
 Turbine oil Malaysia- The total valuation of lubricant oils exported from 
 Taiwan to Malaysia in 2024–59 million US dollars 

 
Top 5 variants of lubricant oils exported 
 BGieoadre ogirla dable hydraulic oil 
 

AMuatnoumaal ttirca tnrsamnsismsiisosni oonil  fluid (ATF) 
 

VInideutnsatrmia-l  Tgehaer t ootial l valuation of lubricant oils exported from Taiwan to 
 
 Vietnam in 2024–48 million US dollars 
 
 Top 5 variants of lubricant oils exported 
 


HFoyudr r
-asutrliock oei le ngine oil 
 

HAnigtih-w-pereasr shuyrder ahuyldicr aouill ic oil 
 
 FThirea-ilraensdis-t aTnhte h tyodtaral vualiclu oaitli on of lubricant oils exported from Taiwan to 
 
 Thailand in 2024–32 million US dollars 
 
 Top 5 variants of lubricant oils exported 
 

 MHiignhe-rmali leenaggien ee nogil  ine oil 
 
 RTwacoi-nsgtr oekneg ienneg oinile  oil 
 
 Four-stroke engine oil 
 

 

 
 Netherlands- The total valuation of lubricant oils exported from 
Taiwan to the Netherlands in 2024–28 million US dollars 
Top 5 variants of lubricant oils exported 
 ADuietoseml oetnivgein een ogiiln e oil 
 
 SMyontothrceyticcl ee negnignien eo iol il 
 
 Semi-synthetic engine oil 
 
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