August 05, 2009
Taiwan Exports 38.2% Lesser Machinery in First Five Months
Taipei, August 3, 2009 (CENS)--Taiwan exported US$4.326 billion of machinery in the first five months, down 38.2% year-on-year, according to the Taiwan Association of Machinery Industry (TAMI).
The biggest category in exported machinery was machine tools at US$710 million, down 54.8% from a year earlier. The second place was plastics and rubber processing machinery at US$269.19 million, down 38.8%. The third place was valves and parts at US$265.33 million, down 31.6%. The table below shows lesser export categories.
The TAMI said China and the U.S. were still the largest-two export outlets for the domestic machinery industry in the first five months of this year: China led by buying US$1.028 billion of Taiwan-made machinery, down 48.6% year-on-year and accounting for 23.8% of the total exports. The U.S. was second at US$814.24 million, down 21% and commanding 18.8%.
Other major export destinations, in descending orders, included Vietnam, Indonesia, India, Malaysia, Canada, Singapore etc.
Taiwan also imported US$4.773 billion of machinery in the first five months of this year, down 43% year-on-year.
The biggest category in machinery imports was special-purpose machinery at US$567.2 million, down 77.4% year-on-year and accounting for 11.9% of the total import value. The second place was engines and parts at US$269.43 million, down 23.8% and commanding 5.6%. The third place was pumps, compressors and fans at US$253.54 million, down 42.7% and accounting for 5.3%.
Japan was the largest supplier by selling US$2.333 billion of machinery to Taiwan in the first five months, down 35.2% year-on-year and accounting for 48.9% of the total. The U.S. was second at US$651.43 million, down 65.5% and commanding 13.6%. The third place went to China at US$511.9 million, down 34.7% and accounting for 10.7%. Other major suppliers included, in descending order, Germany, South Korea, Italy, Switzerland, United Kingdom and France.
(by Ben Shen)
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