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DIRECT EXPORTS FROM TAIWAN GAIN 2.08% SHARE OF US MARKET IN 2005.
TAIPEI, April 3 Asia Pulse - Direct exports from Taiwan gained a 2.08 per cent share of the U.S. market in 2005, down 0.28 percentage points over the previous year, according to the latest tallies released by the Directorate General of Budget, Accounting and Statistics (DGBAS).
DGBAS officials attributed the decline to the fact that most Taiwan manufacturers have increased their overseas production ratio.
A similar situation has occurred in South Korea, Singapore and Hong Kong, with each experiencing a drop in their exports' share of the U.S. market. South Korean exports' share dropped 0.52 percentage points, while Singapore's slipped 0.14 percentage points, and Hong Kong's slid 0.10 points over the previous year.
In 2005, Canada, China and Mexico were the top three exporters to the U.S. market, with exports from these countries taking 17.23 per cent, 14.57 per cent and 10.18 per cent shares of the U.S. market, respectively, they noted.
In the Japanese market, Taiwan exports' share also declined, to 3.5 per cent in 2005 from 3.66 per cent the previous year. The three largest exporters to the Japanese market in 2005 were China, the United States and Australia, which gained 21 per cent, 12.39 per cent and 4.74 per cent shares of the ...
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Source: HighBeam Research, DIRECT EXPORTS FROM TAIWAN GAIN 2.08% SHARE OF US MARKET IN 2005.