Taiwan's Machine-tool Export Up 11% in January
2012/04/16 | By Ben ShenTaipei, April 16, 2012 (CENS)--Taiwan exported NT$331.11 million of machine tools in January, up 11% from a year earlier (YoY), according to customs-cleared statistics compiled by the Taiwan Machine Tool Foundation (TMTF).
Exports of metal-cutting machine tools came to US$280.4 million, up 19.6% year-on-year and that for metal-forming machine tools amounted to US$50.73 million, down 20.5%.
China and Hong Kong together led as export destination by absorbing US$83.84 million of Taiwan-made machine tools in January, down 26.7% YoY and accounting for 25.3% of the total exports, followed by the U.S. with US$38.81 million, up 86% and commanding 11.7%, and then Thailand with US$23.79 million, up 80.5% and accounting for 7.2%.
Other major export destinations, in descending order, were Turkey, Germany, India, Brazil, the Netherlands, Indonesia, South Korea, Malaysia, United Kingdom, Russia, Vietnam, and Japan.
The TMTF's tallies also show Taiwan imported US$49.55 million of machine tools in January, down 15% YoY, of which metal-cutting machine tools came to US$40.9 million, down 21.6% year-on-year and that for metal-forming machine tools amounted to US$8.64 million, up 41.3%. (See table below)
Japan led as import supplier by selling US$28.01 million of products to Taiwan in January, down 23.2% YoY and accounting for 56.5% of the total imports, followed by Germany with US$6.11 million, up 86.2% and commanding 12.3%, then China and Hong Kong with US$5.21 million, up 39.4% and commanding 10.5%.
Exports of Taiwan-made Machine Tools in Jan. 2012 by Products | |||
Products | Jan. 2011 | Jan. 2012 | Annual Change (%) |
EDM, Laser-cutting Machines | 16,448 | 13,953 | -15.2 |
Machining Centers | 96,656 | 114,072 | 18 |
Lathes | 57,142 | 77,398 | 35.4 |
Drilling, Boring, Milling Machines | 33,153 | 32,926 | -0.7 |
Grinding Machines | 17,674 | 23,163 | 31.1 |
Shaping, Sawing, Gearing Machines | 13,363 | 18,896 | 41.4 |
Presses and Shearing Machines | 43,409 | 38,959 | -10.3 |
Other Metal-forming Machines | 20,397 | 11,773 | -42.3 |
Total | 298,242 | 331,140 | 11 |
Source: Taiwan Machine Tool Foundation |
Machine Tool Imported into Taiwan in Jan. 2012 by Products | |||
Products | Jan. 2011 | Jan. 2012 | Annual Change (%) |
EDM, Laser-cutting Machines | 18,804 | 23,929 | 27.3 |
Machining Centers | 10,698 | 3,667 | -65.7 |
Lathes | 7,596 | 4,122 | -45.7 |
Drilling, Boring, Milling Machines | 611 | 1,635 | 167.6 |
Grinding Machines | 8,890 | 6,146 | -30.9 |
Shaping, Sawing, Gearing Machines | 5,566 | 1,409 | -74.7 |
Presses and Shearing Machines | 4,904 | 7,457 | 52.1 |
Other Metal-forming Machines | 1,214 | 1,185 | -2.4 |
Total | 58,283 | 49,550 | -15 |
Source: Taiwan Machine Tool Foundation |