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Taiwan's machine tool exports down 9% to US$655M. in first half.
(From Taiwan Economic News)
Taipei, Aug. 29, 2002 (CENS)--Taiwan's machine tool exports in the first half of the year posted an annual drop of 9% to reach US$655 million, according to statistics released yesterday by the Taiwan Association of Machinery Industry (TAMI)
TAMI cited customs statistics as indicating that the island's exports of metal-cutting machines accounted for US$480 million of its total machine tool exports in the first six months, down 13% from one year earlier. Outbound shipments of metal-forming machines accounted for US$175 million, down 3%
In terms of export outlets, mainland China and Hong Kong together remained the largest market for Taiwan-exported machine tools, absorbing over US$300 million ...
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