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Japan and Germany monopolize global machine tool export business

by：Gewinn 2022-05-11

In 2012, the 34 countries (regions) according to the statistics of the German Machine Tool Manufacturers Association exported 37.2 billion euros of machine tools, a year-on-year increase of 13%. Japan continued to maintain its position as the export champion with a score of 9 billion euros, accounting for about 24.2% of the total global machine tool exports; German machine tools narrowed the gap with Japan with an increase of 8.1 billion euros and 20%, accounting for 21.9%, ranking first second. Japan and Germany monopolize the global machine tool export business. The third, fourth and fifth places are Italy (3.4 billion euros, accounting for 9.2%), China Taiwan (3.3 billion yen, accounting for 8.8%) and Switzerland (2.2 billion yen, accounting for 6.0%). After South Korea and the United States, China ranks eighth, with an export value of 1.5 billion euros. It has not yet set foot in high-end equipment, and its share in the global machine tool market has risen to 3.9%; the huge domestic market consumes 90% of machine tools, and the export rate is only 10% %. The machine tool industry has the highest export rate in Switzerland, which is as high as 89%; followed by Taiwan, China, 78%, Italy, 78%, and Germany, 73%, which are export-oriented industries. South Korea and the United States mainly satisfy the domestic market, with export rates of 45% and 42%, respectively.

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