Taiwan Exports US$10.962 B. of Machinery in First Eight Months

Taipei, Nov. 9, 2010 (CENS)--Taiwan exported US$10.969 billion of machinery in the first eight months of this year, for a 54% year-on-year growth, according to customs-cleared statistics compiled by the Taiwan Association of Machinery Industry (TAMI).

The category of machine tools led with export value reaching US$1.84 billion in the first eight months, up 62.9% from a year earlier. Plastics and rubber processing machinery followed with US$758.15 million, up 66.2%. Special-purpose machinery was third with US$721.32 million, up 64.9%. (See table)

In the first eight months of this year, China was the largest export outlet for Taiwan-made machinery by absorbing US$3.732 billion of the product, up a whopping 98.1% year-on-year and accounting for 34% of the total exports. The U.S. ranked second with US$1.627 billion, up 32% and commanding 14.8%. The third place went to Japan with US$578.74 million, up 15.1% and accounting for 5.3%.

The TAMI's tallies also show Taiwan imported US$16.972 billion of machinery in the first eight months, up 95.6% year-on-year. The category of machinery for IC semiconductor led with import value reaching US$8.219 billion, up 187% from a year earlier and commanding 48.4% of the total imports. Special-purpose machines followed with US$1.443 billion, up 77.6% and accounting for 8.5%. Pumps, fans and compressors were third with US$790.24 million, up 74.8% and commanding 4.7%.

Japan was the island's largest supplier by selling US$6.832 billion of machinery to Taiwan in the first eight months, up 83.1% and commanding 40.3% of the total imports. The U.S. was second with US$3.742 billion, up 130.3% and accounting for 22.1%. China was third with US$1.542 billion, up 73.6% and commanding 9.1%.

Exports of Taiwan-made Machinery in Jan.-Aug. 2010 by Product Category Unit: US$1,000
Rank	Product Category	Jan.-Aug. 2009	Jan.-Aug. 2010	Annual Change (%)
1	Machine Tools	1,129,889	1,840,836	62.9
2	Plastics & Rubber Machinery	456,166	758,150	66.2
3	Special-purpose Machinery	437,527	721,327	64.9
4	Pumps, Compressors, Fans	420,207	636,768	51.5
5	Valves & Parts	426,736	596,958	39.9
6	Bearings, Gears, Ball Screws	317,962	580,906	82.7
7	Paper Making, Printing Machinery	265,219	494,658	86.5
8	Machine-tool Parts & Components	235,808	487,304	106.7
9	Woodworking Machinery	214,691	376,064	75.2
10	Textile Machinery	240,236	372,696	55.1
11	Sewing Machines, Leather & Shoes Making Machines	187,993	324,302	72.5
12	Molds & Dies	268,088	297,094	10.8
13	Food & Packaging Machinery	193,613	266,103	37.4
	Others	2,328,561	3,216,115	38.1
	Total	7,122,696	10,969,281	54
Source: Taiwan Association of Machinery Industry

Imports of Machinery by Taiwan in Jan.-Aug. 2010 by Products Unit: US$1,000
Rank	Products	Jan.-Aug. 2009	Jan.-Aug. 2010	Annual Change (%)
1	Machinery for IC, Semiconductor	2,863,776	8,219,428	187
2	Special-purpose Machinery	812,976	1,443,962	77.6
3	Pumps, Fans, Compressors	451,983	790,241	74.8
4	Engines & Parts	467,902	568,861	21.6
5	Equipment for Treatment of Materials	439,932	501,270	13.9
6	Components and Parts	311,875	494,125	58.4
7	Machine Tools	212,055	418,937	97.6
8	Valves & Parts	246,909	397,769	61.1
9	Air Conditioning & Refrigerators	244,452	318,391	30.2
10	Glassware-making Machinery	201,713	287,913	42.7
11	Textile Machinery	101,808	212,876	109.1
12	Handling Equipment	223,491	199,697	-10.6
13	Plastics & Rubber Processing Machinery	107,004	189,191	76.8
	Others	1,989,305	2,929,752	47.3
	Total	8,675,181	16,972,413	95.6
Source: Taiwan Association of Machinery Industry