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Italy's exports of machine tools, robots and other equipment have increased significantly
For Italian manufacturers of machine tools, robots and automation equipment, 2011 was a fruitful year; Ucimu, the Italian industry association, said: 'All important economic sectors have achieved double-digit growth rates. Although this The strong development momentum weakened at the beginning of 2012, but the environment in the international market became more volatile.' As the figures published by the Ucimu Association: Italian machine tool industry sales in 2011 increased to 5.019 billion euros. Compared with the previous year, the growth rate was as high as 19.6%. The main driving force for the growth is the export of machine tools. Exports increased by 29.3% to 3.367 billion euros. The largest customers of Italian machine tools in the first eight months of 2011 were China, Germany, the United States, Brazil, France, India, Russia, Turkey, Poland and Spain. In 2012, the battle for the top two was still Germany and China. Countries with particularly large increases were Germany (62.9% growth, 228 million euros), the United States (99.4% growth, 170 million euros), Brazil (84.1% growth, 115 million euros) and France (23.2% growth, 105 million euros). Contrary to this growth trend: exports of machine tools and equipment to China fell by 0.4%, but with an export value of 240 million euros, China still ranked first, the largest market for Italian machine tools and automation equipment. In contrast, the Italian domestic market appears very weak. Although the demand for machine tools by domestic Italian enterprises increased by 11.9% in 2011, the total sales revenue was only 2.761 billion euros. Fortunately, the export of Italian machine tool equipment has increased by 10 percentage points every year since 2008, and by 2011, it has increased by 67.1%. Mr. Giancarlo Losma, president of the Ucimu Association, said: '2011 was a year of recovery for Italian manufacturers of machine tools, robots and automation equipment. The positive results were achieved thanks to the development of exports and an international investment environment.' Ucimu expects : 2012 will be a 'slower growth' year. Machine tools and automation systems are expected to grow by 3.4%; reaching EUR 5.19 billion.