These are in-depth pre- and post-show reports on major international trade fairs, held in Taiwan and other countries with significant participation by Taiwanese manufacturers and exporters. They are offered to help global buyers and other readers better understand what is going on at the fairs and the latest offerings by Taiwanese exhibitors.
Terminated even 13 black! The Ministry of Economic Affairs announced today (20) that the export order value of December last year was 43.78 billion U.S. dollars, an annual increase of 0.9%, in line with expectations. However, the total export orders for 2019 remained negative, with a cumulative amount of US $ 484.56 billion, an annual decrease of 5.3%. The Statistics Department of the Ministry...
Chunyu (2012), a major screw and wire factory, started to expand its production lines at home and abroad. It is expected that the financial contribution of the Year of the Rat will increase significantly. Chairman Lin Huizheng is confident in the operation of the Year of the Rat. Spring rain can enter the initial harvest period in the new year, and future development prospects are attracting atte...
The Taiwan Machinery Association announced yesterday (7) the statistics of Taiwan ’s machine tool exports last year. Affected by the US-China trade war, the value of machine tool exports last year was 3.06 billion US dollars, a 16.2% decline from 2018 and the decline since the global financial tsunami in 2009. The biggest one. Looking forward to this year, Kobahi, Chairman of the Taiwan Machin...
Taiwan’s hand tool industry rose from the growing demand during the Vietnam War in 1960 and its exports were ranked first in the world 5 years in a row from 1998 to 2002. The exports of hand tools were first surpassed by China in 2003 and later by German in 2008. Today, it ranks third globally in the export value. Having a complete supply chain from downstream to upstream in Taiwan’s hand too...
Redirected orders thanks to the China and U.S. trade tensions The chairman of Taiwan Hand Tool Manufacturers’ Association (THTMA) Huang Hsin-te pointed out due to the impact brought on by the China-U.S. trade war, the export value in the hand tool industry increased by NTD$3.2 billion from January to August in 2019, combined with a growth of 4.1% compared to the same period in 2018. He also ci...
Taiwan Hand Tool Manufacturers’ Association (THTMA), closely connected to the thriving local hand tool industry, held the 15th General Assembly and the election of the board of directors and chairman on Sep. 6th. AllProfessional MFG Co., Ltd. Chairman Huang Hsin-te and Maxclaw Tools Co., Ltd. General Manager Huang Wu-sun were selected as the 15th chairman and vice-chairman respectively. Huang Hsi...
Würth Group hosted a hand tool supplier day in early November, in the form of an outdoor business party at the Moncouer Garden restaurant in Taichung City. The debut event saw the arranging of face-to-face discussion among 85 Taiwanese invitees with hardware manufacturing background, as well as 17 overseas purchasing managers flying in from Germany, Switzerland, and Shanghai. Executive Vice Pr...
South Korea may have been hit the hardest among major economies by the protracted trade dispute between the United States and China due to its high dependence on exports to the countries, a report said Tuesday.The U.S. and China are the world's largest importers of South Korean products with shipments to China accounting for more than one-quarter of South Korea's overall exports last year, accord...
Donald Trump will reimpose tariffs on imports of steel and aluminium from Brazil and Argentina after accusing the countries of a “massive devaluation” of their currencies that hurt US farmers. The move — which was announced by Mr Trump on Twitter on Monday — sharply escalates trade tensions with the two struggling Latin American economies as they build closer ties with China.The announcement ...
Taiwan Hardware Show 2019 (THS）served as the best business platform for the hardware industry in Taiwan, netting tremendous business opportunities for participants during its three-day run from October 17 to 19 in Taichung.With over 430 exhibitors using over 1000 booths, it created a record high this year. Huang Hsin-te, chairman of Taiwan Hand Tool Manufacturers’ Association said Taiwan is a...
