Home / Knowledge / News / Textiles / Textile machinery exports plummet
Textile machinery exports plummet
30
Jun '08
Machinery exports of Taiwan fetched a handsome US $5.173 billion to the country's economy in the first four months of this year, representing a 10.8 percent growth compared to the previous year.

According to the statistics revealed by the Taiwan Association of Machinery Industry (TAMI), exports of textile machinery accounted for $171.464 million down by 18.3 percent, sewing machinery brought in $125,343 and leather and shoes making machines contributed about $29.34 million to the revenues, up by 9 percent compared to 2007.

China and Hong Kong emerged as two of the major export destination for Taiwanese machinery, together purchasing about $1.449 billion worth of goods in the first four months of this year, up by 0.7 percent and accounting for 28 percent of the total exports. US ranked second with $761.23 million representing a surge of 2.4 and commanding 14.7 percent. Then came Japan with $284.31 million, down 1.2 percent and accounting for 5.5 percent of the total exports.

On the import front, Japan ranked first by selling $3.021 billion worth of machinery to Taiwan, up by 25.1 percent and accounting for 44 percent of the total imports. US again ranked second with $1.567 billion, up 16.9 percent and commanding 22.8 percent of the total imports. China and Hong Kong also made up 8.6 percent of the imports made by Taiwan with $587.58 million, up by 33.8 percent.


Must ReadView All

Textiles | On 27th Jun 2017

Govt defers tax deduction at source provision under GST

E-commerce players in India will not be required to deduct tax on...

Apparel/Garments | On 27th Jun 2017

Future Group aims Rs 12,000 crore in fashion business

Future Group, which runs retail stores across India under various...

Textiles | On 27th Jun 2017

AEPC & NSDL to help exporters with GST compliances

Apparel Export Promotion Council (AEPC) and National Securities...

Interviews View All

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
July 2017

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search