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2019 Taipei Int'l Machine Tool

The 2017 Taiwan survey of machine tools showed that production value had grown up with business conditions on the export and home market. The production value in 2017 was USD 4,289 million, an increase of 15.5 % from the same period in 2016. The value of metal cutting machine tools production in the same period of 2017 accounted for 83.9 % of the total production value, or USD 3,600 million, an increase of 17.03% compared with the same period in 2016. Export and Import statistics announced by Customs indicate that the value of machine tool exports during 2017 was USD 3,339 million, an increase of 15.3 % compared with 2016. The value for machine tool imports was USD 835 million, an increase of 15.7% compared with 2016. The 2018 Taiwan Survey of machine tools showed that production value will grow up with business conditions on the export and domestic market. The production value in year-to-Dec. 2018 was USD 4,700 million, an increase of 9.6% from the same period in 2017. Meanwhile, production value for metal cutting machine tools share 83.95% to USD 3,946 million. Export and Import statistics announced by the Ministry of Finance indicated that the value of machine tools exports during this year up to Dec. was USD 3,656 million, an increase of 9.5 % compared with the same period in 2017. The value for machine tools imports was USD 964 million, and increase 15.4% compared with the same period in 2017.