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Taiwan`s Machine-tool Exports Down 55.1% in First 11 Months of 2009

2010/02/06
Taipei, Feb. 6, 2010 (CENS)--Taiwan exported US$1.568 billion of machine tools in the first 11 months of 2009, down 55.1% year-on-year, according to customs-cleared statistics compiled by the Taiwan Machine Tool Foundation (TMTF). Exports for metal-cutting machine tools came to US$1.192 billion, down 57.1% and that for metal-forming machine tools amounted to US$375.84 million, down 47.1%.

Exports of machining centers declined by 63% year-on-year in the first 11 months of 2009, lathes (down 55.7%); grinding machines (down 56.2%); drilling, boring and milling machines (down 47.4%); presses and shearing machines (down 49.4%); other metal-forming machines (down 37.7%).

Hong Kong and China together ranked first by absorbing US$581.18 million of Taiwan-made machine tools in the first 11 months of 2009, down 44.2% year-on-year and accounting for 37.1% of the total exports. The USA was second at US$116.66 million, down 62.9% and commanding 7.4%. Germany was third with US$71.09 million, down 65.6% and accounting for 4.5%.

Other major export outlets, in descending order, were Thailand, Brazil, Vietnam, India, Malaysia, Italy, the Netherlands, South Korea, United Kingdom, Japan, Indonesia, and Turkey.

The TMTF`s tallies also showed Taiwan imported US$305.58 million of machine tools in the first 11 months of 2009, down 79.3% year-on-year. The imports of metal-cutting machine tools came to US$244.71 million, down 82.3% and that for metal-forming machine tools amounted to US$60.87 million, down 34.6%.

TMTF attributed the declining import to sagging demand for machine tools by domestic high-tech firms. The import value of non-conventional machine tools was down 91.8% year-on-year in the first 11 months of 2009; machining centers (down 53.7%); lathes (down 52.3%); drilling, boring and milling machines (down 57.7%); and grinding machines (down 42.2%).

Japan was the largest supplier by selling US$146.63 million of machine tools to Taiwan in the first 11 months of 2009, down 83.7% year-on-year and accounting for 48% of the total imports. Germany was second at US$43.13 million, down 50.8% and commanding 14.1%. Hong Kong and China ranked third with US$21.61 million, down 43% and commanding 7.1%.


Exports of Taiwan-made Machine Tools (Jan.-Nov. 2009)

Unit: US$1,000

Products Jan.-Nov. 2008 Jan.-Nov. 2009 Annual Change (%)
EDM, Laser-cutting Machines 145,357 69,332 -52.3
Machining Centers 1,131,456 418,150 -63
Lathes 802,891 355,549 -55.7
Drilling, Boring, Milling Machines 344,869 181,533 -47.4
Grinding Machines 180,060 78,940 -56.2
Shaping, Sawing, Gearing Machines 175,140 89,217 -49.1
Presses and Shearing Machines 569,552 288,044 -49.4
Other Metal-forming Machines 140,924 87,796 -37.7
Total 3,490,249 1,568,561 -55.1
Source: Taiwan Machine Tool Foundation

Imports of Machine Tools into Taiwan (Jan.-Nov. 2009)

Unit: US$1,000

Products Jan.-Nov. 2008 Jan.-Nov. 2009 Annual Change (%)
EDM, Laser-cutting Machines 1,089,942 89,759 -91.8
Machining Centers 50,871 23,552 -53.7
Lathes 77,229 36,864 -52.3
Drilling, Boring, Milling Machines 38,596 16,326 -57.7
Grinding Machines 88,499 51,120 -42.2
Shaping, Sawing, Gearing Machines 35,488 27,090 -23.7
Presses and Shearing Machines 79,255 52,527 -33.7
Other Metal-forming Machines 13,819 8,347 -39.6
Total 1,473,699 305,585 -79.3
Source: Taiwan Machine Tool Foundation

(by Ben Shen)
 
 
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