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| The Economic Roundup is an excerpted translation of the Chinese-language ROC Economic Yearbook published by the Economic Daily News, a sister publication of the Taiwan Economic News. The yearbook is the most comprehensive and authoritative source for understanding the fundamentals of Taiwan's economy, both in the macro and micro aspects. The excerpted translation gives foreign readers a concise view of the island's overall economic picture. It is divided into four parts: general economy, primary industries, secondary industries, and tertiary industries. |
| Primary Industries > Mining Industry |
| Taiwan had a total of 317 mining places in 2005, down 58 from 2004 and including 11 new places. In the same year, there were 43 quarries of sandstone around the island, down 10 quarries from the previous year.
Last year, Taiwan turned out NT$23.15 billion worth of mineral products, accounting for 2.64% of the island's annual consumption and down NT$8.47 billion from 2004's NT$31.62 billion. Among major locally produced mineral products were crude oil, natural gas, marble, and limestone, among others.
The island's imports of mineral products came to NT$852.78 billion in 2005, representing a sharp increase of 29.02% over 2004. The import volume posted an annual growth of 3.45% to reach 170.442 million metric tons. Major imported minerals included coal, crude oil, iron ore, natural gas, limestone, metal stag, sand, salt, Kaoline, siliceous sand, feldspar and gypsum.
On another front, Taiwan exported 1,495,750 metric tons of mineral products valued at NT$2.97 billion in 2005, shooting up 110.06% and 36.73%, respectively, from 2004. Main exported minerals were natural sand, metal stag, soapstone, cobble and siliceous sand. |
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