Taiwan's Machinery Exports Grow 53.6% in First Nine Months of 2010

Taipei, Dec. 2, 2010 (CENS)--Taiwan exported US$12.382 billion of machinery in the first three quarters of 2010, for an annual growth of 53.6%, according to customs-cleared statistics compiled by the Taiwan Association of Machinery Industry (TAMI).

Machine tools led in exports with value reaching US$2.097 billion in the first three quarters, up 65.5%. Plastics and rubber processing machinery followed with US$855.59 million, up 63.6%. Special-purpose machinery was third with US$818.02 million, up 65.5%.

China led ast the biggest export outlet by absorbing US$4.21 billion of Taiwan-made machinery in the first three quarters, surging 97.3% year-on-year for 34% of the total exports. The U.S. followed with US$1.807 billion, up 30.2% for a 14.6% share. Japan ranked third with US$654.58 million, up 18% for 5.3%.

The TAMI's tallies also show Taiwan imported US$19.536 billion of machinery in the first three quarters, up 94.8% year-on-year.

Machinery for semiconductors and integrated circuits were the biggest imports with value of US$9.524 billion, up 183.5% for 48.8% of the total imports. Special-purpose machinery followed with US$1.668 billion, up 79.8% for a 8.5% share. Pumps, compressors and fans were third with US$887.14 million, up 69.7% and commanding in 4.5%.

TAMI president C.C. Wang noted Taiwan still relies on Japan, the U.S., China and Germany for the imports of machinery. The TAMI's tallies show Japan as the island's largest supplier by selling US$7.815 billion of machinery to Taiwan in the first three quarters, up 87.2% year-on-year and accounting for 40% of the total imports. The U.S. followed with US$4.273 billion, up 127% and commanding 21.9%. China and Hong Kong together ranked third with US$1.725 billion, up 58.5% and commanding 8.8%.

Exports of Taiwan-made Machinery by Products, Jan.-Sept. 2010 Unit: US$ million
Rank	Product Category	Jan.-Sept. 2009	Jan.-Sept. 2010	Change (%)
1	Machine Tools	1,267,240	2,097,332	65.5
2	Plastics & Rubber Machinery	522,838	855,598	63.6
3	Special-purpose Machinery	494,141	818,022	65.5
4	Pumps, Compressors, Fans	478,054	715,658	49.7
5	Valves & Parts	485,767	674,518	38.9
6	Bearings, Gears, Ball Screws	363,604	654,988	80.1
7	Paper Making, Printing Machinery	308,722	554,924	79.7
8	Machine-tool Parts & Components	274,508	552,221	101.2
9	Woodworking Machinery	250,027	424,878	69.9
10	Textile Machinery	266,203	422,149	58.6
11	Sewing Machines; Leather & Shoe-making Machines	217,947	368,740	69.2
12	Molds & Dies	300,426	332,175	10.6
13	Food & Packaging Machinery	219,018	302,156	38
	Others	2,614,735	3,609,557	38
	Total	8,063,230	12,382,910	53.6
Source: Taiwan Association of Machinery Industry

Imports of Machinery into Taiwan by Products, Jan.-Sept. 2010 Unit: US$ million
Rank	Produce Category	Jan.-Sept. 2009	Jan.-Sept. 2010	Change (%)
1	Machinery for ICs, Semiconductors	3,359,698	9,524,683	183.5
2	Special-purpose Machinery	927,965	1,668,904	79.8
3	Pumps, Fans, Compressors	522,845	887,140	69.7
4	Engines & Parts	547,139	651,709	19.1
5	Equipment for Materials Treatment	494,051	623,286	26.2
6	Components and Parts	353,557	566,370	60.2
7	Machine Tools	241,787	506,437	109.5
8	Valves & Parts	285,453	457,494	60.3
9	Glassware-making Machinery	225,240	362,461	60.9
10	Air Conditioning & Refrigeration Equipment	274,442	349,990	27.5
11	Textile Machinery	120,722	239,322	98.2
12	Handling Equipment	277,825	230,064	-17.2
13	Plastics & Rubber Machinery	120,131	216,949	80.6
	Others	2,280,027	3,251,607	42.6
	Total	10,030,882	19,536,416	94.8
Source: Taiwan Association of Machinery Industry