July 07, 2010
Taipei, July 6, 2010 (CENS)--Taiwan exported US$4.85 billion of machinery in the first four months, up 40.3% year-on-year, according to customs-cleared statistics compiled by the Taiwan Association of Machinery Industry (TAMI).
Impacted by the global crash, Taiwan`s machinery exports plummeted for 13 months straight until December last year when exports hit US$1.184 billion, up 8.2% year-on-year.
Machine tools led as export with value reaching US$758.76 million in the first four months, up 29.5% from a year earlier. Plastics and rubber processing machinery at US$321.68 million, up 51.4%, was second. Special-purpose machinery ranked third at US$316.58 million, up 66%. (See table below.)
China led as export outlet by absorbing US$1.535 billion of Taiwan-made machinery in the first four months, up 95.8% year-on-year and accounting for 31.7% of the total exports. The U.S. was second with US$790.45 million, up 17.5% from a year earlier and commanding 16.3%. Japan was third with US$266.14 million, down 6.3% year-on-year and accounting for 5.5%.
The TAMI tallies also show Taiwan imported US$7.822 billion of machinery in the first four months of this year, up 103% from a year earlier.
Machinery for integrated circuits and semiconductors led as imports with value totaling US$3.912 billion in the first four months, up a whopping 310% year-on-year and accounting for half of the total imports. Special-purpose machinery at US$612.49 million, up 34% and accounting for 7.8%, came in second. Pumps, compressors and fans ranked third with US$370.65 million, up 67.8% and commanding 4.7%. (See table below)
TAMI president C.C. Wang noted Taiwan still relied on Japan, the U.S., China and Germany for imported machinery. Japan was still the island`s biggest supplier by selling US$3.141 billion of machinery to Taiwan in the first four months, up 64.1% year-on-year for 40.2% of the total imports. The U.S. with US$1.812 billion, up 255% and accounting for 23.2%, was second. China was third with US$628.03 million, up 62.2% and commanding 8%.
Other major import suppliers included, in descending order, Germany, South Korea, Switzerland, Italy, United Kingdom and France.
(by Ben Shen)
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