June 09, 2009
TAMI: Taiwan`s Exports of Machinery Down 35.1% in Q1
Taipei, June 8, 2009 (CENS)--Taiwan exported US$2.6 billion of machinery in the first quarter of 2009, down 35.1% year-on-year from US$4.007 billion, according to the Taiwan Association of Machinery Industry (TAMI).
The export of machine tools led in value reaching US$444.85 million in the first quarter of 2009, down 50.9% year-on-year. The second place went to the category of valves and parts with US$164.97 million, down 25.4%. The category of plastic and rubber processing machinery ranked third with US$152.81 million, down 37.9%.
Mainland China and Hong Kong together led as top buyers by absorbing US$539.96 million of Taiwan-made machinery in the first quarter of 2009, down 51.9% year-on-year and accounting for 20.8% of the total exports. The second place went to the U.S. with US$527.63 million, down 12.4% and commanding 20.3%. Japan stood at the third place with US$238.19 million, down 2.5% and accounting for 9.2%.
The TAMI`s tallies also showed Taiwan imported US$2.895 billion of machinery in the first quarter of 2009, down 42.2% year-on-year.
The import of special-purpose machinery led with value reaching US$360.75 million, down 77.7% year-on-year and accounting for 12.5% of the total. The second place was the category of engines and parts with US$169.23 million, down 23.7% and accounting for 5.8%. The third place went to the category of pumps, compressors and fans with US$157.2 million, down 41% and commanding 5.4%.
Japan topped as the biggest supplier to Taiwan by selling US$1.478 billion of machinery in the first quarter of 2009, down 33.1% year-on-year and commanding 51.1% of the total imports. The U.S. stood at the second place with US$383.32 million, down 66.5% and commanding 13.2%. The third place went to mainland China and Hong Kong together with US$272.18 million, down 33.9% and accounting for 9.4%.
(by Ben Shen)
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