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Economic bloc
© VDMA

... was evident last year when looking at the three major economic blocs. Asia remained the largest region by a clear margin (equivalent to EUR 1,395 billion, previous year: EUR 1,390 billion), generating more than half of total global machinery sales. Europe came a distant second (down 1% to EUR 722 billion), followed by North America (down 5% to EUR 360 billion).

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