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 6th Dec 2016

Garments, yarn export entitlement quota extended for 1 yr

Indian government has extended the export entitlement quota for...

Textiles | On 6th Dec 2016

Cash inflow will revive sales: Textile industry

The textile industry representatives are hopeful of revival of...

Courtesy: SIMA

Textiles | On 6th Dec 2016

Amma gave special attention for textile growth in TN: SIMA

Former Tamil Nadu chief minister J Jayalalithaa paid special...

Interviews View All

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Mohammad Hassan
Biax Fiberfilm

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

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Yash P. Kotak
Bombay Hemp Company

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

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search