Page 31 - Taiwan Machinery 2021-09 Edition

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INDUSTRY REPORT

Taiwan’s machinery industry in numbers
Taiwan’s machinery industry in numbers

Exports maintain uptick growth despite concerns

aiwan’s machinery exports between January and accounting for 13.6% and a yearly increase of 24.9%;
TJuly continued to show an upward growth trajectory, power transmission items at USD$1.498 billion, accounting
reaching USD$18.556 billion, a 28.1% year-on-year growth, for 8.1% and a yearly increase of 45.6%. In the same time
reported the Taiwan Association of Machinery Industry frame, the top three export destinations were China in fi rst
(TAMI). That would be $522.562 billion in Taiwan dollars, a place, valued at USD$6.027 billion and accounting for
20.4% annual growth, marking a record high in the same 32.5% of all exports and a yearly increase of 39.4%; the
period. Moreover, machinery exports have maintained U.S. in second, at USD$3.882 billion, accounting for 20.9%
double-digit growth for seven consecutive months, a clear and a yearly increase of 22.6%, and Japan in third, with
indicator of strong demand in the industry. USD$1.183 billion, accounting for 6.4%, and an annual
increase of 13.5%.
In a press conference reporting the latest industry
figures, TAMI Chairman Wei Tsan-wen said single-month In July, the top ten products of machinery exports
export values in July reached USD$2.801 billion (33.8% virtually had double-digit growth. Electronic equipment
yearly growth), equaling NTD$78.111 billion, a 26.2% exports were at first place with USD$414 million, an
yearly growth. July maintained the 11-month steady growth increase of 40.9%; inspection and measurement equipment
that kicked off from September 2020 and would be the accounted for USD$381 million, an increase of 26% in
second-highest monthly fi gure this year, just behind May’s second place; power transmission items at USD$229
NTD$2.915 billion. million in third place, an increase of 37.4%; machine tools
at USD$222 million in fourth place, an increase of 35.8%.
In the first seven months of this year, the top three
products exported were electronic equipment at USD$2.779 Major domestic machine tools and component plants
billion, accounting for 15% and an annual increase also performed well in July. For example, Goodway
of 44.6%; inspection equipment at USD$2.52 billion, Machine reported NTD$560 million in revenue for July,

Taiwan Machinery 2021 September