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China will be the largest exporter of German machine tools and the United States ranks second
According to the German Machine Tool Manufacturers Association, the turnover of the German machine tool industry in 2011 reached 13.1 billion euros, and the export volume during the same period reached 8.1 billion euros, a year-on-year increase of 33%. The German Machine Tool Manufacturers Association also said that China will remain Germany's largest exporter. The United States is in second place.