Taiwan Saw Machinery Exports Surge 6.4% Jan.-Nov. 2005

Jan 27, 2006 Ι Industry In-Focus Ι Machinery & Machine Tools Ι By Ben, CENS
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Taipei, Jan. 27, 2006 (CENS)--Exports of Taiwan-made machinery amounted to US$12.011 billion in the first 11 months of 2005, up 6.4% year-on-year, according to customs statistics compiled by the Taiwan Association of Machinery Industry (TAMI).

Of the largest export items in this period, machine tools ranked first with an export value reaching US$2.4176 billion, up 19%. Plastics and rubber processing machinery ranked second with US$863.75 million, up 2%. Pumps, compressors, and fans took third place with US$801.1 million, down 1%. The fourth place went to special-purpose machines with US$698.15 million, down 1%. Valves and parts ranked fifth with US$642.71 million, up 2%. Woodworking machinery was the sixth-largest export item with US$629.37 million, down 4%.

Other major export items, in descending order, were molds and dies (US$544.81 million, up 4%); textile machinery (US$493.3 million, down 1%); sewing machines (US$466.95 million, down 0.5%); bearings, gears and ball screws (US$453.9 million, up 14%); paper-making and printing machines (US$219.1 million, up 22%); and leather and shoe-making machines (US$98.98 million, up 2%).

In terms of the major export outlets for Taiwan-made machinery in the first 11 months of last year, Hong Kong and mainland China together ranked first by absorbing US$4.098 billion worth of the products, down 1% year-on-year and accounting for 34.1% of the total exports. The U.S. ranked second with US$2.073 billion, up 2% and accounting for 17.3%. Japan was the third-largest export outlet with US$689.53 million, up 17% and accounting for 5.7%.

Other major export outlets, in descending order, were Thailand, Vietnam, Malaysia, Indonesia, Turkey, Germany, South Korea, Canada, the U.K., India, Italy, Singapore, Australia, the Netherlands, Spain, the Philippines, France, the United Arab Emirates, Mexico, Finland, Saudi Arabia, and Russia.

TAMI statistics also showed Taiwan imported US$16.797 billion worth of machinery in the first 11 months of last year, up 1.8% from the corresponding period of the preceding year.

Of the major import items, special-purpose machines ranked first with an import value reaching US$5.53 billion, down 1% annually and accounting for 32.9% of the total imports. The second largest-import item went to machine tools with US$1.415 billion, down 20% and accounting for 8.4%. Pumps, compressors, and fans ranked third with US$999.35 million, up 12% and accounting for 5.9%. Engines and parts stood at the fourth place with US$844.57 million, up 27% and accounting for 5%. Valves and parts ranked fifth with US$500.3 million, up 14% and commanding 3%.

Other major import items, in descending order, were plastics and rubber processing machines (US$284.05 million, down 49% and commanding 1.7%), and textile machinery (US$276.58 million, down 10% and accounting for 1.6%).

Japan was the largest import source, selling US$9.014 billion worth of products to Taiwan in the first 11 months of last year, representing a flat growth from the corresponding period of the previous year and commanding 53.7% of the total imports. The U.S. ranked second with US$3.168 billion, down 7% and commanding 18.9%. Germany stood at the third place with US$1.138 billion, up 3% and accounting for 6.8%.

Exports of Taiwan-Made Machinery From Jan.-Nov. 2005 by Products Unit:
US$1, 000

Rank

Products

Jan.-Nov. 2004

Jan.-Nov. 2005

Annual Change (%)

1

Machine Tools

2, 026, 677

2, 417, 643

19.3

2

Plastics & Rubber Machinery

843, 058

863, 756

2.5

3

Pumps, Compressors, Fans

813, 218

801, 144

-1.5

4

Special-Purpose Machinery

706, 127

698, 158

-1.1

5

Valves & Parts

627, 848

642, 711

2.4

6

Woodworking Machinery

658, 822

629, 374

-4.5

7

Molds & Dies

525, 354

544, 816

3.7

8

Textile Machinery

498, 599

493, 303

-1.1

9

Sewing Machines

469, 216

466, 953

-0.5

10

Bearings, Gears, Ball Screws

397, 546

453, 900

14.2

11

Paper-Making, Printing Machinery

179, 599

219, 109

22

12

Leather & Shoe-Making Machines

97, 298

98, 984

1.7

 

Others

3, 445, 573

3, 681, 882

6.9

 

Total

11, 288, 935

12, 011, 733

6.4

Source: Taiwan Association of Machinery Industry

 

Imports of Machinery by Taiwan From Jan.-Nov. 2005 by Products Unit:
US$1, 000

Rank

Products

Jan.-Nov. 2004

Jan.-Nov. 2005

Annual Change (%)

1

Special-Purpose Machinery

5, 597, 923

5, 530, 785

-1.2

2

Machine Tools

1, 776, 790

1, 415, 988

-20.3

3

Pumps, Compressors, Fans

892, 136

999, 357

12

4

Engines & Parts

665, 891

844, 570

26.8

5

Valves & Parts

440, 700

500, 329

13.5

6

Plastics & Rubber Machinery

556, 211

284, 050

-48.9

7

Textile Machinery

307, 991

276, 584

-10.2

 

Others

6, 270, 577

6, 946, 335

10.8

 

Total

16, 508, 219

16, 797, 998

1.8

Source: Taiwan Association of Machinery Industry

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