In July 2011, the orders of the Korean machine tool industry fell, and the import and export increased significantly

1. Machine tool orders have fallen for 4 consecutive months. The latest statistics provided by the Korea Machine Tool Manufacturers Association (KOMMA) show that in July 2011, new orders for Korean machine tools were 325.432 billion won, down 1.462% from the previous month's 381.174 billion won. %, a month-on-month decrease for 4 consecutive months, but the order value increased by 32.98% compared with the 244.715 billion won in July 2010. From January to July 2011, the cumulative new orders for Korean machine tools were 2,883.93 billion yen, an increase of 42.25% over the 2,013.24 billion won in the same period in 2010. According to KOMMA statistics, the number of orders for Korean machine tools in the first half of the year hit a record high, of which local orders accounted for 56.7% and overseas orders accounted for 43.3%. In the first half of the year, South Korea's domestic orders were 1.45 trillion won, a year-on-year increase of 34.6%. The growth momentum was mainly from the automotive industry and the expansion of enterprises' investment in plant and equipment. In the first half of the year, overseas machine tool orders reached 1.11 trillion won, a year-on-year increase of 60.3%. Among them, orders from Europe and the United States increased significantly year-on-year, while orders from Asian countries such as China and India also performed well. 2. The output value of machine tools in the first seven months increased by 33.38%. In July 2011, the output value of Korean machine tools was 282.596 billion won, down 15.17% from the 333.12 billion won in the previous month, but increased by 13.16% compared with the 245.871 billion won in July 2010. . From January to July, the total value of machine tools produced in South Korea was 2,030.939 billion won, an increase of 33.38% over the 1,522.665 billion won in the same period in 2010. Thanks to the surge in orders, machine tool output in April and June both exceeded the 300 billion won mark. In the first half of the year, the output value of CNC metal cutting machine tools was 1,451.3 billion won, a year-on-year increase of 37.3%; the output value of non-NC lathes was 55 billion won, a year-on-year decrease of 20%; the output value of forming machine tools was 244 billion won, a year-on-year increase of 55.8%. 3. The import and export of machine tools in July exceeded 200 million US dollars. In terms of import and export trade, in July 2011, South Korea imported machine tools worth 209 million US dollars, an increase of 35.33% month-on-month and a year-on-year increase of 67.26%; exported machine tools were 229 million US dollars, a month-on-month increase of 28.68 %, a year-on-year increase of 35.72%. From January to July, South Korea's cumulative import value of machine tools was 1.073 billion US dollars, an increase of 41.56% over the same period of 2010 of 758 million US dollars; the cumulative export of machine tools was 1.237 billion US dollars, an increase of 38.55% compared with 893 million US dollars in the same period of 2010. In July, the import and export of Korean machine tools exceeded the level of 200 million US dollars in a single month. From January to July 2011, the Korean machine tool trade achieved a trade surplus of US$164 million.