US imports from Taiwan down 2.4% in first half of 2013
CNATAIPEI--U.S. imports from Taiwan were valued at US$18.6 billion in the first six months of 2013, a decrease of 2.4 percent from the year-earlier level, the Ministry of Economic Affairs said Monday, citing U.S. customs statistics.
September 17, 2013, 12:08 am TWN
During that period, Taiwan's share of the U.S. import market was 1.7 percent, below China's 18.3 percent, Japan's 6.2 percent and South Korea's 2.8 percent, the ministry said.
Taiwanese electronic products had the fifth-largest share of the U.S. market with 7.2 percent, while its information and communications products had the sixth-largest share with 3.2 percent.
Looking at the changes over the past decade, the ministry said China's market share rose from 9 percent in 2001 to 18.7 percent in 2012, becoming the United States' largest import partner mainly because of increases in the volume of information, communications and electronic products imported by the U.S. from China.
Japan's market share dropped from 11.1 percent to 6.4 percent, sliding from third to fourth place. Although South Korea's market share fell from 3.1 percent to 2.6 percent, it moved up from seventh to sixth place.
Taiwan, meanwhile, saw a decline in market share from 2.9 percent to 1.7 percent and a drop in its ranking from eighth to 11th.