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The eBearing News
September 5, 2006
Taiwan Reports First Half
2006 Bearing Exports
copyright © 2006 eBearing Inc.
Taiwan's Association of Machinery Industry (TAMI) reported official government totals for
first half 2006 exports of machinery and related mechanical equipment.
Overall, Taiwan exported almost USD $7 billion in equipment and engineered components,
up a "tepid" 2.9% from 2005.
Machine tools led the way in absolute value terms, up 7% from 2005 to $1.4 billion, while the
"special purpose" machinery category was up more than 20%, to $443 million. Also up strongly
were pumps and valves, rising almost 12% from 2005's first half.
Falling off from 2005 were several key categories, such as plastics and rubber machinery,
down 5%; pumps, compressors and fans were down 5.3%; and woodworking machinery off 14%.
Many of the most dramatic declines can be traced to aggressive moves by China into capital equipment
markets where that country has considerable expertise. Taiwan's sewing machine exports, for example,
were off more than 10% in the first half; papermaking and printing
machinery, was off more than 20%; leather processing and shoemaking equipment exports were down 17%.
Even though China is a world market competitor, it is also Taiwan's largest industrial equipment
trading partner, taking 34% of Taiwan's total export value. Hong Kong and mainland China together
imported $2.3 billion in Taiwanese machinery, up more than 3% over 2005. The United States is still
second, but falling, importing $1.2 billion from Taiwan, off 3%. Japan, Thailand and Vietnam
round out the top five trading partners so far this year.
Bearings, gears, and ball screws have been middling export performers in 2006, rising 4.2%
as a group from 2005's $242.6 million to first half 2006's $252.8 million.
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- by Bruce A. Carr
from individual research,
tips and commercial sources.
Unauthorized reproduction is prohibited.
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Entire contents Copyright 1999-2008, eBearing Inc. All rights reserved.
eBearing.com and "... for everything that moves" are registered
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eBearing.com ... for everything that moves™
Entire contents Copyright © 1999-2008, eBearing Inc. All rights reserved.
eBearing.com and "... for everything that moves" are registered trademarks of eBearing Inc.
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