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Taiwan’s garment export decreases by two-digits in 2007 |
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The export of textile products from Taiwan in 2007 by value was $11.596 billion (a drop of 1% from the previous year) and the import was $2.653 billion (a drop of 2%), making a trade surplus of $8.943 billion. By quantity, the export was 2,982,900 tons (a drop of 7%) and the import was 695,900 tons (a drop of 7%), showing a year-on-year decline in both export and import by value and quantity.
The decline rate for garment export is specially significant, dropping 10% from the previous year by value and 13% by quantity, due to an increase in relocation of production to China and Vietnam. The following chart shows the details of Taiwan's trade for textile products in 2007 ( export and import by item).
| Chart 1Taiwan’s textile export by item in 2007 |
Item |
Export value
($100 million) |
Share (%) |
Compared to previous year(%) |
Export amount
(10,000ton) |
Compared to previous year (%) |
Unit price
($1/kg) |
Compared to previous year (%) |
fibrous raw material |
11.81 |
10 |
－1 |
65.53 |
－17 |
1.80 |
20 |
Yarn |
22.61 |
20 |
－1 |
96.44 |
－5 |
2.35 |
5 |
Fabric |
67.57 |
58 |
－1 |
119.39 |
－3 |
5.66 |
2 |
Germents and furnidhings |
10.39 |
9 |
－10 |
6.53 |
－13 |
15.91 |
3 |
Others |
3.58 |
3 |
5 |
10.40 |
9 |
3.44 |
－3 |
Total |
115.96 |
100 |
－1 |
298.29 |
－7 |
3.89 |
6 |
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| Source: Taiwan Textile Federation |
| Chart 2Taiwan’s textile import by item in 2007 |
Item |
Export value
($100 million) |
Share (%) |
Compared to previous year (%) |
Export amount
(10,000ton) |
Compared to previous year (%) |
Unit price
($1/kg) |
Compared to previous year (%) |
fibrous raw material |
5.43 |
20 |
3 |
33.77 |
－10 |
1.61 |
15 |
Yarn |
4.20 |
16 |
7 |
11.16 |
2 |
3.76 |
6 |
Fabric |
4.48 |
17 |
－0.2 |
8.03 |
2 |
5.58 |
－2 |
Garments and furnishings |
10.46 |
40 |
－9 |
11.12 |
－10 |
9.41 |
1 |
Others |
1.96 |
7 |
6 |
5.51 |
－2 |
3.56 |
8 |
Total |
26.53 |
100 |
－2 |
69.59 |
－7 |
3.81 |
5 |
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| Source: Taiwan Textile Federation |
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