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Declining Export Trend in Taiwan Textile Machinery
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The second place was occupied by the US who provided goods worth $2.318 billion, down by 0.5 percent and commanding 23.2 percent. Hong Kong and China together stood at the third place, with $954.48 million, which is up by 32.2 percent and accounting for 9.5 percent of the total imports. Germany came next with $871.62 million, up by 36 percent.


Other major import sources, in descending order, were South Korea, Italy, United Kingdom, Switzerland, and France. Taiwan is likely to grow its exports by 8-10 percent in the ongoing year. Besides, the overall production value of Taiwan-made machinery is estimated to fetch NT$960 billion in 2008.


Export Figures


Product Category

Jan- June

2007

Jan. June

2008

Annual Change

(%)

Machine Tools

1,591,130

1,921,672

20.8

Special-purpose Machinery

565,567

679,939

20.2

Machine-tool Parts & Components

311,655

361,546

16

Woodworking Machinery

312,335

324,755

4

Textile Machinery

327,400

273,667

-16.4

Molds & Dies

245,810

269,722

9.7

Sewing Machines

186,791

188,952

1.2

Paper Making, Printing Machinery

143,129

128,461

-10.2

Leather & Shoes Making




Machines

34,561

44,234

28

Others

2,253,249

2,528,827

12.2

Total

7,612,503

8,557,557

12.4

 

Import Figures


Product Category

Jan- June

2007

Jan. June

2008

Annual Change

(%)

Special-purpose Machinery

2,549,736

2,966,919

16.4

Machine Tools

1,268,916

957,117

-24.6

Valves & Parts

310,444

316,467

1.9

Textile Machinery

185,643

171,623

-7.6

Others

3,622,640

4,491,585

24

Total

9,056,181

10,009,867

10.5


Source: Taiwan Association of Machinery Industry (TAMI)

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Published On Thursday, October 23, 2008
 
 
 

 
 
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