Mechanical engineering
German machine builders rely on US
Shortly before the Hannover fair, German machines spread farmer, braked Confidence. Especially the business with the United States is running well, and it should remain so: The USA is the partner country of the industrial fair in Hannover.
Watch the Video
01:10
Mechanical engineering: United States, the most important market for Germany
Since last year, most of the Export go-to products of the German machine manufacturers on the US market. The USA overtook China as the most important country for the German tradition of the industry. The volume of exports to the USA increased by 2015 at least eleven percent. That brought sales in the amount of 16.8 billion Euro, reported the German engineering industry Association on Friday.
Export-Oriented Industry
The growth will be in the current year, estimates the industry. The wind from the back by a favourable exchange rate of the Euro is weaker, the Euro is more expensive, and the products of the export-oriented industry. However, the German companies had representatives in the United States a long breath, VDMA. “The deindustrialization of America is coming to an end,” said VDMA chief economist Ralph Wiechers. “In many places are modernised in America, the factories, of which the German mechanical engineering industry benefited.”
Association President Reinhold Festge is convinced, as before, made in Germany “” in the United States a good reputation, in spite of the VW exhaust affair. Only 17 percent of the surveyed companies in its industry, have worsened the Reputation of the German industry because of diesel gate. At the Hannover fair, which takes place at the end of April, is also expected U.S. President Barack Obama.
At the Hannover Messe 2015
Competitor To China
A light Stand, the Germans have not in the United States. China is now the largest exporter of machinery and equipment. And more than half of the surveyed German companies expect that competition from China will increase.
Mechanical engineering is one of the most important branches of industry in Germany. Here, around a million people to work. They were last year for sales of almost 200 billion Euro. For the current year, the companies expect, often there are SMEs – only a small Plus. Because the machine Builder to get the slowed growth of the Chinese economy and the problems of many others to feel the emerging countries.
ar/hg (dpa, rtr)