Taiwan's Machinery Exports Surge 33.8% YoY in H1

Taipei, Sept. 5, 2011 (CENS)--Taiwan exported US$10.428 billion of general machinery in the first half of 2011, for a 33.8% year-on-year growth, according to customs-cleared statistics compiled by the Taiwan Association of Machinery Industry (TAMI).

Machine tools was the largest export category with value reaching US$1.91 billion, up 50.4% from a year earlier, followed by plastics and rubber processing machinery with export value of US$677.09 million, up 26.8%, and special-purpose machines at US$648.47 million, up 26%.

China led as the biggest export buyer by absorbing US$3.733 billion of Taiwan-made machinery in the first half of 2011, up 44.4% from a year earlier to account for 35.8% of total exports, followed by the U.S. with US$1.458 billion, up 22% to account for 14%, and Japan with US$575.07 million, up 39.9% and commanding 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, and the Philippines.

The TAMI's tallies also show that Taiwan imported US$14.236 billion of machinery in the first half of 2011, up 16.9% from a year earlier.

The largest import category was machinery for integrated circuits and semiconductors with value reaching US$6.871 billion in the first half, up 14.8% year-on-year to account for 48.3% of total import, followed by special-purpose machinery at US$727.886 million, down 29% and commanding 5.1%, and pumps, fans and compressors at US$720.023 million, up 23.6% and accounting for 5.1%.

Japan led as the major supplier by selling US$5.078 billion to machinery to Taiwan in the first half, up 3.5% year-on-year to account for 35.7% of total import value, followed by the U.S. at US$2.806 billion, up 6.9% and commanding 19.7%, and Hong Kong and China at US$1.24 billion, up 11.7% to account for 8.7%.

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

Exports of Taiwan-made Machinery in H1 of 2011 by Product Category Unit: US$1,000
Rank	Product Category	H1, 2010	H1, 2011	Annual Change (%)
1	Machine Tools	1,270,295	1,910,236	50.4
2	Plastics & Rubber Machinery	534,195	677,098	26.8
3	Special-purpose Machinery	514,592	648,479	26
4	Bearings, Gears, Ball Screws	411,354	628,930	52.9
5	Pumps, Compressors, Fans	545,325	588,546	7.9
6	Valves & Parts	423,724	547,547	29.2
7	Machine-tool Parts & Components	340,877	501,721	47.2
8	Paper Making, Printing Machinery	337,560	457,760	35.6
9	Textile Machinery	277,549	338,742	22
10	Woodworking Machinery	264,430	277,430	4.9
11	Sewing Machines, Leather & Shoes Making Machines	233,178	270,679	16.1
12	Molds & Dies	221,561	261,707	18.1
13	Food & Packaging Machinery	191,241	219,025	14.5
	Others	2,230,690	3,100,503	39
	Total	7,796,571	10,428,400	33.8
Source: Taiwan Association of Machinery Industry

Imports of Machinery by Taiwan in H1 of 2011 by Products Unit: US$1,000
Rank	Products	H1, 2010	H1, 2011	Annual Change (%)
1	Machinery for IC, Semiconductor	5,985,220	6,871,065	14.8
2	Special-purpose Machinery	1,025,509	727,886	-29
3	Pumps, Fans, Compressors	582,525	720,023	23.6
4	Engines & Parts	394,006	510,657	29.6
5	Components and Parts	360,400	501,345	39.1
6	Equipment for Treatment of Materials	288,897	472,283	63.5
7	Machine Tools	270,021	425,249	57.5
8	Valves & Parts	287,237	394,847	37.5
9	Glassware-making Machinery	193,629	304,144	57.1
10	Air Conditioning & Refrigerators	225,201	277,698	23.3
11	Textile Machinery	146,134	224,566	53.7
12	Handling Equipment	342,076	194,543	-43.1
13	Plastics & Rubber Processing Machinery	135,693	172,045	26.8
	Others	1,940,236	2,440,273	25.8
	Total	12,176,784	14,236,624	16.9
Source: Taiwan Association of Machinery Industry