Taiwan Machinery Exports Total US$8.647 B. in First Five Months

Taipei, Aug. 5, 2011 (CENS)--The Taiwan machinery industry exported US$8.647 billion in products in the first five months, up 35.9% year-on-year, according to statistics compiled by the Taiwan Association of Machinery Industry (TAMI).

Machine tools led with export value totaling US$1.581 billion in the first five months, up 53.6% year-on-year, with plastics and rubber processing machinery trailing in second with US$566.87 million, up 31.9%, and special-purpose machinery at third place with US$539.66 million, up 29.9%.

China led as the biggest buyer by absorbing US$3.11 billion in Taiwan-made machinery in the first five months, up 49.6% year-on-year to account for 36% of total exports. The U.S. was second with US$1.193 billion, up 21.2% year-on-year to take 13.8%. Japan was in third place with US$474.21 million, up 40.6% to take 5.5%.

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

The TAMI's tallies also show Taiwan imported US$1.194 billion in machinery in the first five months of 2011, up 18.2% from a year earlier.

Machinery for integrated circuits and semiconductors was the biggest import category with value reaching US$5.864 billion, up 16.6% year-on-year to account for 49.1% of total imports. Special-purpose machines was in second place with US$601.57 million, down 28% to take 5% share of total imports. Pumps, compressors and fans was in third place with US$585.14 million, up 21.9% and commanding 4.9%.

Japan was Taiwan's largest import supplier by shipping US$4.209 billion in machinery to Taiwan in the first five months, up 1.8% year-on-year to take 35.2% of total imports. The U.S. was in second place with US$2.415 billion, up 8.3% and commanding 20.2%. China and Hong Kong was in third place with US$1.006 billion, up 12.3% and commanding 8.4%. Germany ranked fourth with US$1.005 billion, up 44.8% and accounting for 8.4%.

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

Exports of Taiwan-made Machinery (Jan.-May 2010) by Product Category Unit: US$ million
Rank	Product Category	Jan.-May 2010	Jan.-May 2011	Annual Change (%)
1	Machine Tools	1,029,158	1,581,078	53.6
2	Plastics & Rubber Machinery	429,937	566,878	31.9
3	Special-purpose Machinery	415,457	539,667	29.9
4	Bearings, Gears, Ball Screws	335,378	516,554	54
5	Pumps, Compressors, Fans	369,475	490,123	32.7
6	Valves & Parts	345,276	451,442	30.7
7	Machine-tool Parts & Components	277,636	419,095	51
8	Paper Making, Printing Machinery	259,037	378,023	45.9
9	Textile Machinery	226,158	284,969	26
10	Woodworking Machinery	213,716	227,896	6.6
11	Sewing Machines; Leather & Shoe-making Machines	188,285	224,931	19.5
12	Molds & Dies	186,417	221,320	18.7
13	Food & Packaging Machinery	155,117	180,811	16.6
	Others	1,931,465	2,564,931	32.8
	Total	6,362,512	8,647,718	35.9
Source: Taiwan Association of Machinery Industry

Imports of Machinery into Taiwan in Jan.-May 2010 by Product Category Unit: US$ million
Rank	Produce Category	Jan.-May 2010	Jan.-May 2011	Annual Change (%)
1	Machinery for ICs, Semiconductors	5,028,234	5,864,946	16.6
2	Special-purpose Machinery	835,187	601,573	-28
3	Pumps, Fans, Compressors	479,847	585,142	21.9
4	Engines & Parts	316,567	423,557	33.8
5	Components and Parts	286,812	407,284	42
6	Equipment for Materials Treatment	246,439	380,118	54.2
7	Machine Tools	215,188	357,267	66
8	Valves & Parts	231,413	326,204	41
9	Glassware-making Machinery	172,890	264,117	52.8
10	Air Conditioning & Refrigeration Equipment	189,587	220,605	16.4
11	Textile Machinery	119,215	178,008	49.3
12	Handling Equipment	282,977	154,406	-45.4
13	Plastics & Rubber Machinery	109,637	132,277	20.6
	Others	1,592,775	2,048,996	28.6
	Total	10,106,768	11,944,500	18.2
Source: Taiwan Association of Machinery Industry