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Article: TAIWAN'S MACHINE TOOL EXPORTS LIKELY TO RISE 15% IN 2008.
- Article from:
- AsiaPulse News
- Article date:
- May 5, 2008
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by Taiwan amounted to US$15.43 billion in 2007, up 7 per cent over the previous year, while machinery imports dropped 1.2 per cent to US$18.36 billion.
Of all the types of machinery exported by Taiwan last year, machine tools accounted for the largest sum at US$3.47 billion, representing growth of 17.1 per cent from 2006.
TAMI Chairman Huang Po-chih noted that 2007 was a fruitful year for Taiwan's machine tool industry, thanks to the fast growth in Taiwan's major export markets such as China, North America, Europe, Southeast Asia and Southwest Asia.
China and Hong Kong were Taiwan's largest machine tool consumers in 2007, with exports to the ...