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Taiwan`s Machine-tool Exports Jump 65.5% in First 3 Quarters

Taipei, 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
Unit: US$1,000

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
Unit: US$1,000

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


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