03/21/2011

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China as market for plastics and rubber machines

According to the report, German exports to China in 2010 increased by 64.4 % to reach an export volume of more than EUR 587 million. This growth more than compensated the slump experienced in the preceding year. The export volume scarcely fell short of the peak volume recorded in 2004.German exports of plastics and rubber machines to ChinaYear EUR million Change over previous year (%) Share in world exports to China (%) 2005 307.4 -48.2 19.8 2006 288.8 -6.1 17.5 2007 346.9 20.1 21.3 2008 494.5 42.6 28.4 2009 357.1 -27.8 28.5 2010 587.2 64.4 N. A.Worldwide exports of plastics and rubber machines to China in 2009 reached a volume of EUR 1.25 billion, a decrease of 28.2 % when compared to the preceding period. For the first time ever, German suppliers outranked their Japanese competitors and - at a share of 28.5 % in worldwide exports - became the number one foreign supplier of this equipment to China.World exports of plastics and rubber machinery to ChinaCountry 2008
EUR million 2009
EUR million Change
2009/2008 (%) Germany 494.5 357.1 -27.8 Japan 523.2 313.8 -40.0 Taiwan 189.4 107.0 -43.5 USA 75.5 84.0 11.2 Italy 97.9 79.3 -19.0 Republic of Korea 117.2 71.3 -39.2 France 59.5 52.2 -12.3 Canada 34.7 46.3 33.2 Total 1,745.8 1,253.4 -28.2Further important machinery exporters to China in 2009 ranking behind Germany and Japan (25.0 %) comprise of Taiwan (8.5 %), the USA (6.7 %), Italy (6.3 %), Republic of Korea (5.7 %), France (4.2 %), and Canada (3.7 %). Within this list, only the USA and Canada showed increase rates in the year of the economic and financial crises.

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