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Taiwan's Machinery Exports Surge 35.1% in First Two Months

2011/05/04 | By Ben Shen

Taipei, May 4, 2011 (CENS)--Taiwan exported US$2.966 billion worth of machinery products in the first two months of this year, up 35.1% year-on-year, according to customs-cleared statistics compiled by the Taiwan Association of Machinery Industry (TAMI).

Of total exports, the category of machine tools ranked first with export value reaching US$524.04 million in the first two months of this year, up 68.2% from a year earlier. Plastics and rubber processing machinery came second with US$221.09 million, up 62.2%, and special-purpose machinery ranked third with US$180.99 million, jumping 42.9%. The category of bearings, gears and ball screws took the fourth place with US$179.75 million, up 60%. The fifth rank went to the category of pumps, compressors and fans with US$156.972 million, up 29.7%.

Other major export items, in descending order, were valves and parts, machine-tool parts and components, papermaking and printing machinery, textile machinery, woodworking machinery, molds and dies, sewing machines, leather and shoes making machines, as well as food and packaging machinery.

In regard to major export outlets, China ranked first by absorbing US$1.092 billion worth of Taiwan-made machinery in the first two months of this year, up a whopping 70.6% year-on-year and accounting for 34% of the total exports. The U.S. stood at the second place with US$417.71 million, down 2% and commanding 14.1%. The third place went to Japan with US$171.58 million, up 30.6% and accounting for 5.8%.

Other major export destinations, in descending order, were India, Thailand, Indonesia, Vietnam, Germany, Malaysia, South Korea, Turkey, Brazil, Singapore, the Netherlands, United Kingdom, the Philippines, Italy, Canada, Australia and Russia.

The TAMI's tallies also show Taiwan imported US$4.554 billion worth of machinery in the first two months of this year, up 44.8% year-on-year and indicating domestic investment willingness has recovered.

The largest import item was the machinery for ICs and semiconductors with import value reaching US$2.237 billion in the first two months of this year, up 56.3% year-on-year and accounting for 49.1% of the total imports. The second place went to special-purpose machinery with US$240.628 million, down 1.5% and accounting for 5.3%. The category of pumps, compressors and fans ranked third with US$190.295 million, up 10.9% and accounting for 4.2%.

Other major import items, in descending order, were engines and parts, quipment for the treatment of materials, machinery components and parts, machine tools, glassware-making machinery, valves and parts, air conditioning and refrigerators, textile machinery, as well as plastics and rubber machinery.

In terms of import sources, Japan ranked first by selling US$1.697 billion wroth of machinery to Taiwan in the first two months of this year, up 39.1% year-on-year and accounting for 37.3% of the total imports. The U.S. stood at the second place with US$1.003 billion, up 36.4% and commanding 22%. The third place went to Germany with US$343.06 million, up 51.3% and accounting for 7.5%. Other major import sources, in descending order, were China and Hong Kong together, South Korea, Switzerland, Italy, United Kingdom and France.

Exports of Taiwan-made Machinery by Product Category, Jan.-Feb. 2011

Unit: US$ million

Rank

Product Category

Jan. 2010

Jan. 2011

Annual Change (%)

1

Machine Tools

311,601

524,040

68.2

2

Plastics & Rubber Machinery

136,300

221,094

62.2

3

Special-purpose Machinery

126,683

180,997

42.9

4

Bearings, Gears, Ball Screws

112,323

179,752

60

5

Pumps, Compressors, Fans

126,266

166,804

32.1

6

Valves & Parts

121,067

156,972

29.7

7

Machine-tool Parts & Components

86,950

141,975

63.3

8

Paper Making, Printing Machinery

80,374

130,618

62.5

9

Textile Machinery

74,441

112,230

50.8

10

Woodworking Machinery

72,481

89,072

22.9

11

Molds & Dies

75,243

86,130

14.5

12

Sewing Machines; Leather & Shoe-making Machines

60,664

79,649

31.3

13

Food & Packaging Machinery

 59,244

 63,519

7.2

 

Others

751,077

833,179

10.9

 

Total

2,194,714

2,966,031

35.1

Source: Taiwan Association of Machinery Industry


Imports of Machinery into Taiwan by Product Category, Jan.-Feb. 2011
Unit: US$ million

Rank

Produce Category

Jan.-Feb. 2010

Jan.-Feb. 2011

Annual Change (%)

1

Machinery for ICs, Semiconductors

1,431,846

2,237,449

56.3

2

Special-purpose Machinery

244,218

240,628

-1.5

3

Pumps, Fans, Compressors

171,607

 190,295

10.9

4

Engines & Parts

116,235

 169,994

46.3

5

Equipment for Materials Treatment

87,735

152,809

74.2

6

Components and Parts

100,161

140,720

40.5

7

Machine Tools

76,836

135,151

75.9

8

Glassware-making Machinery

51,441

112,629

118.9

9

Valves & Parts

76,930

111,906

45.5

10

Air Conditioning & Refrigeration Equipment

58,697

82,400

40.4

11

Textile Machinery

42,173

63,062

49.5

12

Handling Equipment

70,636

49,525

-29.9

13

Plastics & Rubber Machinery

29,857

41,262

38.2

 

Others

586,083

826,322

41

 

Total

3,144,455

4,554,152

44.8

Source: Taiwan Association of Machinery Industry

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