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Exports & imports of textile machinery surge in Q1
Jun '11
Exports from Taiwanese machinery industry rose steeply by 35.8 percent to touch US $4.815 billion, in the first three months of 2011.

Of this, shipments from the textile machinery sector reached $173.57 million against $125.62 million in the period between January to March 2010, up 38.2 percent.

In case of imports, Taiwan imported $7.063 billion worth of machinery in the first quarter of this year, up 23.8 percent from a year earlier.

Of which, textile machinery imports skyrocketed 52.1 percent from $67.48 million in the corresponding period of 2010 to $102.67 million in the period January to March 2011.

These figures were compiled and made available by the Taiwan Association of Machinery Industry (TAMI).

Fibre2fashion News Desk - India

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