According to the report of Taiwan Institute of Economic Research, top five Taiwan woodworking machinery exporting countries are the United States, China, Canada, Australia and Japan from January to September 2023.

       Due to the impact of the U.S. Federal Reserve's strong interest rate hike, the local real estate boom has declined, and my country's woodworking machinery export market has been overly concentrated in the United States, resulting in an annual decline of more than 40% in the value of my country's woodworking machinery exports from January to September 2023.

       It can be found from the chart that compared with the same period last year, the total export volume which fell by 40.93%, the top four exporting countries include the United States, which fell by 40.93%, China fell by 30.78%, Canada fell by 23.64%, Australia fell by 24.55%, all fell by more than 20 percentage points, and only Italy rose by 24.38%.