Taiwan Machinery Industry's Exports Up 52.1% Year-on-Year

Taipei, Oct. 22, 2010 (CENS)--Taiwan's machinery industry exported US$9.373 billion of machinery in the first seven months, up 52.1% from a year earlier, according to customs-cleared statistics compiled by the Taiwan Association of Machinery Industry (TAMI).

Machine tools ranked first with export value of US$1.549 billion, up 56.8% year-on-year. Plastics and rubber machinery came in second at US$643.35 million, up 64.4%. Special-purpose machinery was third with US$618.53 million, up 60.8%.

(See table below)

China led as the biggest export outlet by absorbing US$3.151 billion of Taiwan-made machinery in the first seven months, surging 93.7% year-on-year for 33.6% of the total exports. The U.S. was second with US$1.413 billion, up 30.2% and commanding 15.1%. Japan was third with US$498.85 million, up 14.4% and accounting for 5.3%.

Other major export outlets included Vietnam, Thailand, Indonesia, South Korea, India, Malaysia, Germany etc.

The TAMI's tallies also show that Taiwan imported US$14.464 billion of machinery in the first seven months, up 95.9% from a year earlier. The major imports, in descending order, were machinery for ICs (integrated circuits) and semiconductor; special-purpose machinery; pumps, compressors and fans; engines and parts etc. (See table below)

Japan led as the biggest supplier by selling US$5.763 billion of machinery to Taiwan in the first seven months, up 76.2% from a year earlier for 39.8% of the total imports. The U.S. was second with US$3.229 billion, up 137.1% and commanding 22.3%. China was third with US$1.334 billion, up 76.1% and accounting for 9.2%.

Other major suppliers included, in descending order, Germany, South Korea, Switzerland, Italy, United Kingdom, and France.

Exports of Taiwan-made Machinery by Category, Jan.-July 2010 Unit: US$ million
Rank	Product Category	Jan.-July 2009	Jan.-July 2010	Change (%)
1	Machine Tools	987,942	1,549,420	56.8
2	Plastics & Rubber Machinery	391,370	643,359	64.4
3	Special-purpose Machinery	384,583	618,530	60.8
4	Pumps, Compressors, Fans	361,684	544,177	50.5
5	Valves & Parts	371,027	509,239	37.3
6	Bearings, Gears, Ball Screws	270,410	491,820	81.9
7	Paper Making, Printing Machinery	228,751	413,158	80.6
8	Machine-tool Parts & Components	197,702	410,164	107.5
9	Textile Machinery	205,945	337,506	63.9
10	Woodworking Machinery	181,948	318,305	74.9
11	Sewing Machines; Leather & Shoe-making Machines	159,309	275,109	72.7
12	Molds & Dies	234,735	257,534	9.7
13	Food & Packaging Machinery	168,700	225,575	33.7
	Others	2,017,466	2,780,096	37.8
	Total	6,161,572	9,373,992	52.1
Source: Taiwan Association of Machinery Industry

Imports of Machinery into Taiwan by Category, Jan.-July 2010 Unit: US$ million
Rank	Produce Category	Jan.-July 2009	Jan.-July 2010	Change (%)
1	Machinery for ICs, Semiconductors	2,314,288	7,026,340	203.6
2	Special-purpose Machinery	728,286	1,217,637	67.2
3	Pumps, Fans, Compressors	392,437	686,159	74.8
4	Engines & Parts	395,509	481,637	21.8
5	Components and Parts	272,618	427,875	57
6	Equipment for Materials Treatment	401,965	354,637	-11.8
7	Valves & Parts	210,502	339,637	61.3
8	Machine Tools	185,142	327,844	77.1
9	Air Conditioning & Refrigeration Equipment	214,054	278,443	30.1
10	Glassware-making Machinery	178,749	232,061	29.8
11	Handling Equipment	204,676	184,672	-9.8
12	Textile Machinery	86,126	175,234	103.5
13	Plastics & Rubber Machinery	97,307	165,138	69.7
	Others	1,701,471	2,566,776	50.9
	Total	7,383,130	14,464,090	95.9
Source: Taiwan Association of Machinery Industry