Taiwan, via the official Taiwan Association of Machinery Industry, reported machinery and equipment production, export, and import data for 2005.

In total, Taiwan exported USD $13.1 billion of industrial machinery and equipment. This was up more than 6% over 2004.

The largest export markets for Taiwan's machine and parts industry were Hong Kong and mainland China, combining for almost 35% by value. The United States was the second-largest export market for Taiwan, absorbing $2.2 billion, or 17% of machine and parts exports. Japan, Thailand and Vietnam round out the top five.

On the import side, Taiwan brought in $17.8 billion of machinery and equipment in 2005, down almost 2% from 2004. Machine tools were particularly soft, down almost 24% year-on-year. The vast majority of those imports came from Japan, followed by the United States, Germany and Hong Kong / mainland China.

Bearing exports by Taiwan are lumped in with the category of Bearing, Gears and Ball Screws. The category grew more than 14%, accounting for exports worth $436 million in 2004 and $498 million in 2005.

Other News:
NN Establishes Sales Offices In Japan
Taiwan Bearing Exports in 2005
Linqing Dadi bearing company
Morgan to Upgrade Bar Mill for SICARTSA
The Timken Company Reports Strong First Quarter Results
US Universal Joint Maker Names UK Distributor
Internet Presence of the Schaeffler Group
NTN Courts Overseas Investors