Exports and Imports of Taiwan Machine Tool Accessory in 2022
Export Performance
According to the data provided by Taiwan Customs Administration, Ministry of Finance, the total export value of machine tool accessory, including Work Holders, Dividing Heads and Other Special Attachments for Machine Tools, Parts and Accessories for Metal Cutting Machine Tools, Parts and Accessories for Metal Forming Machine Tools, Ball Screws, and Ball or Roller Linear Side Guides, was US$1.982 billion in 2022, down 7.3% compared to 2021's export value of US$2.138 billion. In terms of quarterly export value, the total export value for the fourth quarter of 2022 was US$422 million, an decrease of 15.7% compared to the third quarter of 2022. Please refer to Table 1 for detailed statistics.
Major Export Markets for Machine Tool Accessory
In terms of major exporting country of Taiwan machine tool accessory in 2022, China (including Hong Kong) is the largest market with a total export value of US$1.12 billion, down 17.5% from 2021; followed by Japan, with total exports of US$143 million, up 18.2% from 2021, followed by the United States, India, Netherlands, Korea, Italy, Germany, Turkey and Thailand. Please refer to Table 2 for detailed statistics.
Import Performance
Total import value of Taiwan machine tool accessory in 2022 was US$259 million, down 5.8% from 2021. In terms of quarterly imports, total imports in Q4 2022 was US$55.63 million, 11.2% decrease compared to Q3 2022. Please refer to Table 9 for detailed statistics.
Major Import Markets for Machine Tool Accessory
In terms of major import countries of Taiwan machine tool accessory, Japan is the most important import country, accounting for 32.7% of the total imports. Second is China (including Hong Kong) with imports of US$79.85 million, down 6.4% from 2021. Germany is in third place, with imports of nearly US$25.29 million, down 9.2% from 2021, followed by Italy, the United States, Switzerland, the United Kingdom, Korea, Malaysia and Vietnam. Please refer to Table 10 for detailed statistics.
