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Domestic orders and imports and exports of Korean machine tools increased in 2011

by:Gewinn     2022-04-20
It is reported that the statistics released by the Korea Machine Tool Industry Association (KOMMA) show that in 2011, the new orders for Korean machine tools reached 4.33 trillion won (about 24.46 billion yuan), a year-on-year increase of 23.6%; the machine tool output value was 3.48 trillion won ( About 19.66 billion yuan), a year-on-year increase of 22.7%. According to China Machine Tool Network (Machine35.com), the import and export of Korean machine tools has also increased. In 2011, the import of Korean machine tools was 1.791 billion US dollars, a year-on-year increase of 24.0%; machine tool exports were 2.302 billion US dollars, a year-on-year increase of 37.2%; a surplus of 511 million Dollar.
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