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Machine tool production in Germany in a year-on-year comparison
© Statistisches Bundesamt, VDW
In 2015, the German machine tool industry produced machines worth 15.1 billion euros. This corresponds to a growth rate of 4%. "This is another record result after 2013," says VDW Chairman Heinz-Jürgen Prokop. With an export ratio of around 70% and export growth of 4% to around 9.4 billion euros, exports contributed more to the overall result than domestic consumption. Contrary to the VDW's expectations, exports went particularly well ...
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