In the first three quarters, Taiwan's machinery ex

2022-09-22
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In the first three quarters, Taiwan's machinery exports fell and imports increased by

1 Machinery export

from January to September 2013, the export of machinery and equipment in Taiwan fell, with the export value reaching US $14.476 billion, a year-on-year decrease of 4.9%, and the total new Taiwan dollar was 429.5 billion, a year-on-year decrease of 5.0%

in 2012, Taiwan's machinery exports reached US $20.7 billion, a year-on-year decrease of 1.7%, and exports fell significantly in the fourth quarter

from January to September 2013, the total export value of Taiwan was NT $6722.5 billion, with a year-on-year increase of 1.2%, of which electronic products increased by 4.2%, textiles decreased by 2.3%, information and communication products decreased by 2.9%, motor products increased by 10.0%, steel decreased by 4.4%, and petrochemical products increased by 2.0%. The export of machinery products fell by 5.0%, and the export performance was poor

in New Taiwan dollars, in January 2013, the value of Taiwan's export machinery was 45.5 billion yuan, an increase of 0.6% year-on-year. The export value in February was 31.8 billion new Taiwan dollars, a year-on-year decrease of 28.0%. The export in March was 49.1 billion yuan, a year-on-year decrease of 0.1%. Exports in April were 49.8 billion yuan, a year-on-year decrease of 2.0%. Exports in May were 51 billion yuan, a year-on-year decrease of 5.8%. Exports in June were 50.8 billion yuan, a year-on-year decrease of 2.1%. In July, the export was 54billion yuan, and local governments and relevant institutions increased efforts to support and promote the development of graphene industrialization, down 1.4% year-on-year. The export value in August was 50.7 billion yuan, a year-on-year increase of 2.1%. In September, exports amounted to 47billion yuan, a year-on-year decrease of 8.8%

2. Major machinery export markets

from January to September 2013, it is estimated that the demand for medical devices will also maintain a large growth rate in the future. The main export market of machinery products in Taiwan is Chinese Mainland, with exports of US $4.139 billion, accounting for 28.6% of total exports, a year-on-year decrease of 5.9%

the United States ranked second, with exports of US $2.322 billion, accounting for 16.0% of exports, a year-on-year decrease of 0.8%. Japan ranks third, with exports of 8 US $4.2 billion, accounting for 5.8% of exports, with a year-on-year decrease of 6.6%

detailed analysis of machinery exports to Chinese Mainland: exports in January were US $442million, an increase of 45.6% year-on-year. Exports in February were 229million US dollars, a year-on-year decrease of 46.5%. In March, exports amounted to $505million, an increase of 15.1% year-on-year. Exports in April amounted to 466million US dollars, a year-on-year decrease of 6.0%. Exports in May amounted to 496million US dollars, a year-on-year decrease of 11.1%. Exports in June reached 537 million US dollars in the future, with a year-on-year increase of 0.9%. Exports in July were 547 million US dollars, a decrease of 11.0% over the same month last year. Exports in August amounted to $521million, an increase of 7.0% year-on-year. In September, exports amounted to 392million US dollars, a year-on-year decrease of 26.8%

3. Machinery import

from January to September 2013, the import of machinery and equipment in Taiwan increased slightly, reaching US $16.828 billion, a year-on-year increase of 3.1%. Calculated in New Taiwan dollars, the import value was 500.6 billion yuan, an increase of 2.9% year-on-year

in January 2013, the import value of machinery was NT $57.4 billion, a year-on-year increase of 28.4%. The import in February was 44.3 billion yuan, a year-on-year decrease of 5.0%. In March, imports amounted to 63billion yuan, a year-on-year increase of 14.9%. The import in April was 50.8 billion yuan, down 6.0% from the same month last year. In May, imports amounted to 67.3 billion yuan, an increase of 10.8% year-on-year. In June, imports amounted to 63.4 billion yuan, an increase of 5.0% year-on-year. The import in July was 49.6 billion yuan, down 22.4% from the same month last year. The import in August was 46.1 billion yuan, a year-on-year decrease of 15.7%. The import in September was 58.8 billion yuan, a year-on-year increase of 27.4%

in the whole year of 2012, the import value of machinery and equipment in Taiwan decreased by 13.5% in dollar terms, indicating that the import market was poor and the demand for machinery and equipment in advanced countries decreased, indicating that the investment in domestic high-tech industries slowed down. In January 2013, imports increased significantly, but decreased in February, increased significantly in March, decreased in June, increased again in May and June, decreased significantly in July and August, and increased significantly in September

4. The main source of machinery imports

from January to September 2013, Japan ranked first as the main source of machinery imports in Taiwan, with an import value of US $5.096 billion, accounting for 30.3% of all imports, a year-on-year decrease of 11.7%. The second is the United States, with imports of $3.332 billion, accounting for 19.8% of all imports, an increase of 4.5% year-on-year. The third is the Netherlands, with an import value of US $2.324 billion, accounting for 13.8% of all imports, with a year-on-year increase of 51.5%

5. An important factor affecting Taiwan's machinery exports

from January to August 2013, the new Taiwan dollar appreciated by 0.15% year-on-year against the U.S. dollar, while the Korean won is still in a state of depreciation. At present, the Korean won has depreciated by 16.4% against the U.S. dollar compared with 2007, while the new Taiwan dollar has appreciated by 9.9% against the U.S. dollar. The relative gap between the two sides is close to 30%, resulting in the gradual decline of the competitiveness of Taiwan's products in the international market

the mainland's import of machinery and equipment from Taiwan is subject to the ECFA early collection and reduction of tax rates. The two sides will accelerate the promotion of the goods trade agreement to reduce import tariffs in 2013, and the negotiation is expected to be completed by the end of 2013

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