Taiwan's Machine-tool Exports Jump 65.5% in First 3 Quarters
2010/12/06 | By Ben ShenTaipei, Dec. 6, 2010 (CENS)--Taiwan exported US$2.097 billion of machine tools in the first three quarters of this year, for an annual growth of 65.5%, according to customs-cleared statistics compiled by the Taiwan Machine Tool Foundation (TMTF).
Exports for metal-cutting machine tools totaled US$1.633 billion, up 69.6%; that for metal-forming machine tools came to US$464.15 million, up 52.6%; that for machining centers came to US$640.315 million, up 881.9%.
China and Hong Kong led as the biggest export outlet by absorbing US$993.46 million of Taiwan-made machine tools in the first three quarters, up 110.9% year-on-year for 47.4% of the total exports. The U.S. followed with US$106.2 million, up 4.9% and accounting for 5.1%. India was third with US$87.73 million, up 117.9% and commanding 4.2%.
The TMTF's tallies also show Taiwan imported US$506.43 million of machine tools in the first three quarters, up 109.5% year-on-year. Imports for metal-cutting machine tools amounted to US$403.36 million, up 111.8% year-on-year and that for metal-forming machine tools came to US$103.07 million, up 100.8%.
Japan led as the biggest supplier by selling US$303.26 million of machine tools to Taiwan in the first three quarters, up 170.7% year-on-year and accounting for 59.9% of the total imports. Germany followed with US$45.37 million, up 29.9% and commanding 9%. Switzerland was third with US$28.79 million, up 95.2% and accounting for 5.7%.
Exports of Taiwan-made Machine Tools in Jan.-Sept. 2010 by Products | |||
Products | Jan.-Sept. 2009 | Jan.-Sept. 2010 | Annual Change (%) |
EDM, Laser-cutting Machines | 54,368 | 98,898 | 81.9 |
Machining Centers | 334,118 | 640,315 | 91.6 |
Lathes | 297,987 | 392,070 | 31.6 |
Drilling, Boring, Milling Machines | 144,971 | 263,593 | 81.8 |
Grinding Machines | 61,271 | 123,852 | 102.1 |
Shaping, Sawing, Gearing Machines | 70,406 | 114,449 | 62.6 |
Presses and Shearing Machines | 238,564 | 356,867 | 49.6 |
Other Metal-forming Machines | 65,555 | 107,288 | 63.7 |
Total | 1,267,240 | 2,097,332 | 65.5 |
Source: Taiwan Machine Tool Foundation |
Imports of Machine Tools by Taiwan in Jan.-Sept. 2010 by Products | |||
Products | Jan.-Sept. 2009 | Jan.-Sept. 2010 | Annual Change (%) |
EDM, Laser-cutting Machines | 64,616 | 188,585 | 191.9 |
Machining Centers | 19,456 | 35,503 | 82.5 |
Lathes | 27,437 | 69,817 | 154.5 |
Drilling, Boring, Milling Machines | 13,830 | 24,050 | 73.9 |
Grinding Machines | 44,390 | 46,650 | 5.1 |
Shaping, Sawing, Gearing Machines | 20,722 | 38,759 | 87 |
Presses and Shearing Machines | 43,515 | 93,059 | 113.9 |
Other Metal-forming Machines | 7,821 | 10,014 | 28 |
Total | 241,787 | 506,437 | 109.5 |
Source: Taiwan Machine Tool Foundation |