August 04, 2010
Taipei, Aug. 3, 2010 (CENS)--Taiwan exported US$1.029 billion of machine tools in the first five months, up 45% year-on-year from US$710 million, according to customs-cleared statistics compiled by the Taiwan Machine Tool Foundation (TMTF).
Exports of metal-cutting machine tools came to US$789.67 million, up 47.2% and that for metal-forming machine tools amounted to US$239.48 million, up 38%.
Exports of machining centers grew 69.3% year-on-year in the first five months, lathes jumped 7.3%; grinding machines up 78.9%; drilling, boring and milling machines up 58.5%; presses and shearing machines up 31.3%; and other metal-forming machines up 65.7%.
China and Hong Kong together was the largest export outlet by absorbing US$482.73 million of Taiwan-made machine tools in the first five months, up 108% from a year earlier and accounting for a whopping 46.9% of the total exports. The U.S. was second at US$44.4 million, down 34.3% and commanding 4.3%. India was third with US$43.81 million, up 107% and accounting for 4.3%.
Other major export outlets in the same period, in descending order, were Thailand, Brazil, Malaysia, South Korea, Turkey, Indonesia, Vietnam, Germany, the Netherlands, Italy, Japan and Australia.
The TMTF`s tallies also show Taiwan imported US$215.18 million of machine tools in the first five months, up 64.8% year-on-year. Of this, imports for metal-cutting machine tools came to US$176.47 million, up 70.6% and that for metal-forming machine tools amounted to US$38.71 million, up 42.9%.
Japan was the largest supplier by selling US$129.71 million of machine tools to Taiwan in the first five months, up 130% year-on-year and accounting for 60.3% of the total imports. Germany was second at US$19.91 million, down 15.3% and commanding 9.3%. China and Hong Kong together were third with US$12.9 million, up 40.8% and commanding 6%.
(by Ben Shen)
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