German VDMA plastics and rubber machinery association said that the German plastics and rubber machinery manufacturers in the first half of 2017 a record high growth in export growth in Germany's total exports grew by 3.8%, reaching 2.4 billion euros.
German plastics and rubber machinery export growth hit a new high
Exports to China have increased significantly, but to Europe have decreased
The United States continued to lead with 402.2 million euros (up 4.2%) as Germany bought the largest plastic-rubber production machine, and second place was China with 310.7 million euros (up 19.2%) as it did last year and Mexico with 26.4% At € 1.374, another big growth country, Ulrich Reifenhäuser, chairman of the VDMA Plastics and Rubber Association, said: 'All three of our most important clients have above-average growth, and I am especially alarmed by the positive developments in China.'
Compared with the same period of last year, Germany's plastics and rubber exports to China experienced a significant decrease of 22.1% to 260.7 million euros. VDMA Plastics and Rubber Association, said: "Many member companies have their own in China Of their production base, their exports have decreased compared with last year.However, due to the increase of the euro exchange rate, the export growth is encouraging.
Two other important sales markets, Brazil and Russia, also have considerable growth trends. Their exports to Russia are likely to rise to 43.4% to 59.3 million euros and Brazil to 78.2% to 35.3 million euros.
Germany's most important joint sales area EU, exports to the European Union fell to 848 million euros compared with the first half of 2016, down 6.1% from last year. Poland, France and Italy, the major customers in the EU this year, the German plastics The purchase of rubber production machinery has significantly reduced.
Germany's exports to the EU's most important joint-sales area fell to Euro 848 million compared with the first half of 2016, down 6.1% from the previous year. Major customers in the EU, Poland, France and Italy, The purchase of rubber production machinery has significantly reduced.
Injection molding positive prospects
German injection molding machine manufacturers should be very pleased to review export data for the first half of 2017. Exports increased by 9.4% to € 475.5 million as compared with the same period of last year, and exports to France and Poland should also be emphasized, increasing respectively 51.9% and 10.6% respectively. Meanwhile, the growth rates in China (up 43.0%) and Mexico (41.3%) also increased substantially.