1. Machinery Exports
From January to October 2013, Taiwan's machinery equipment exports declined, with export value reaching 16.23 billion USD, a year-on-year decrease of 4.1%. In New Taiwan Dollars, the export value reached 481 billion NTD, a year-on-year decrease of 4.2%.
In 2012, Taiwan's machinery exports reached 20.7 billion USD, a year-on-year decrease of 1.7%, with a larger year-on-year decline in the fourth quarter. Taiwan's total export value from January to October 2013 was 7.5 trillion NTD, a year-on-year increase of 1.0%, among which electronic products grew by 3.9%, textiles decreased by 1.8%, information and communication products decreased by 2.2%, electrical machinery products grew by 9.1%, steel decreased by 3.5%, and petrochemical products grew by 2.0%. Machinery product exports, measured in New Taiwan Dollars, decreased by 4.2%, showing poor export performance.
A detailed analysis of Taiwan's machinery exports in 2013 measured in New Taiwan Dollars: January export value was 45.5 billion NTD, a year-on-year decrease of 0.6%. February exports were 31.8 billion NTD, a year-on-year decrease of 28.0%. March exports were 49.1 billion NTD, a year-on-year decrease of 0.1%. April exports were 49.8 billion NTD, a year-on-year decrease of 2.0%. May exports were 51.0 billion NTD, a year-on-year decrease of 5.8%. June exports were 50.8 billion NTD, a year-on-year decrease of 2.1%. July exports were 54.0 billion NTD, a year-on-year decrease of 1.4%. August exports were 50.7 billion NTD, a year-on-year increase of 2.1%. September exports were 47.0 billion NTD, a year-on-year decrease of 8.8%. October exports were 51.4 billion NTD, a year-on-year increase of 3.3%.
2. Main Markets for Taiwan's Machinery Exports
For Taiwan's machinery products from January to October 2013, the main export markets were: Mainland China ranked first with exports of 4.65 billion USD, accounting for 28.6% of total exports, a year-on-year decrease of 5.5%. The United States ranked second with an export value of 2.62 billion USD, accounting for 16.1% of exports, a year-on-year decrease of 0.8%. Japan ranked third with an export value of 950 million USD, accounting for 5.8% of exports, a year-on-year decrease of 4.4%.
By month, exports to Mainland China in January were 442 million USD, a year-on-year increase of 45.6%. February exports were 229 million USD, a year-on-year decrease of 46.5%. March exports were 505 million USD, a year-on-year increase of 15.1%. April exports were 466 million USD, a year-on-year decrease of 6.0%. May exports were 496 million USD, a year-on-year decrease of 11.1%. June exports were 537 million USD, a year-on-year increase of 0.9%. July exports were 547 million USD, a year-on-year decrease of 11.0%. August exports were 521 million USD, a year-on-year increase of 7.0%. September exports were 392 million USD, a year-on-year decrease of 26.8%. October exports were 514 million USD, a year-on-year decrease of 2.0%.
3. Machinery Imports
From January to October 2013, Taiwan's machinery equipment imports grew slightly, with import value reaching 18.66 billion USD, a year-on-year increase of 3.9%. In New Taiwan Dollars, the import value was 552.8 billion NTD, a year-on-year increase of 3.8%.
In January 2013, machinery import value was 57.4 billion NTD, a year-on-year increase of 28.4%. February imports were 44.3 billion NTD, a year-on-year decrease of 5.0%. March imports were 63.0 billion NTD, a year-on-year increase of 14.9%. April imports were 50.8 billion NTD, a year-on-year decrease of 6.0%. May imports were 67.3 billion NTD, a year-on-year increase of 10.8%. June import value was 63.4 billion NTD, a year-on-year increase of 5.0%. July import value was 49.6 billion NTD, a year-on-year decrease of 22.4%. August import value was 46.1 billion NTD, a year-on-year decrease of 15.7%. September import value was 58.8 billion NTD, a year-on-year increase of 27.4%. October import value was 52.2 billion NTD, a year-on-year increase of 13.1%.
Taiwan's machinery equipment import value for the full year of 2012 decreased by 13.5% in USD terms, reflecting poor import market conditions, and Taiwan's reduced demand for machinery equipment from advanced countries indicates a slowdown in domestic high-tech industry investment. In January 2013, imports showed a significant increase, but decreased in February, grew significantly in March, decreased again in April, increased in May and June, decreased significantly in July and August, and increased significantly in September and October.
4. Main Sources of Taiwan's Machinery Imports
Among the main sources of Taiwan's machinery imports from January to October 2013, Japan ranked first with an import value of 5.64 billion USD, accounting for 30.3% of total imports, a year-on-year decrease of 11.3%. The United States ranked second with an import value of 3.78 billion USD, accounting for 20.3% of total imports, a year-on-year increase of 9.0%. The Netherlands ranked third with an import value of 2.43 billion USD, accounting for 13.1% of total imports, a year-on-year increase of 45.2%.
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