TAIPEI – According to CENS.com, customs statistics compiled by the Taiwan Association of Machinery Industry said Taiwan exported $2.538 billion worth of machinery in the first two months of 2008, which is a year-on-year growth of 3.7%. Machine tools ranked first with an export value of $534.9 million for the first two months of 2008, up 16.3% compared to the same period last year. Exports of woodworking machinery reached $94.16 million, up 10% from the prior year period.

Mainland China and Hong Kong imported the most Taiwanese machinery (27.2%), reaching $690.03 million worth, which was down 5.9% compared to the same period last year. The United States absorbed $388.13 million worth of Taiwanese machinery, which accounted for 15.3% of the total exports.

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