The machinery and equipment manufacturing industry has always been the most employed industry in Germany. According to data provided by the German Machinery and Equipment Manufacturing Association, in 2010 there were 908,000 people working in the industry with over 6,000 companies. The company is mainly medium-sized, with 87% of its employees employing less than 250 people.
German machinery and equipment manufacturing industry is a typical export-oriented industry. The share of export sales in the total sales of the industry rose from 73.6% in 2009 to 75.3% in 2010. According to the German Federal Bureau of Statistics, exports of German machinery and equipment in the past two years were 124.595 billion euros (2009) and 138.7 billion euros (2010), respectively, and imports were 52.486 billion euros and 58.847 billion euros, respectively. According to the German Association of Machinery and Equipment Manufacturers, in the first half of 2011, the industry recorded a turnover of 94 billion euros, a year-on-year increase of 18.5%; total exports were 68.9 billion euros, an increase of 18.2% year-on-year, of which 9.325 billion euros were exported to China, accounting for the total amount. 41.5%, China has become Germany's largest market for machinery and equipment exports, with a market share of 13.5%; the number of people employed is 923,000; equipment utilization rate has risen to 89.9%. German machinery exports account for about 20% of the world's total machinery exports. In the 31 product areas of the machinery and equipment industry, German products rank first in the world in 21 areas and almost all of the rest in the world. Drive Technology Machinery and equipment, construction machinery and building materials equipment, transmission technology equipment, printing machinery and papermaking technology equipment, machine tools, food and packaging machinery equipment, and civil aviation technology equipment are the top seven mechanical equipment products exported from Germany. The share of total German machinery and equipment exports exceeds 5%. The other important export products are: agricultural machinery, power machinery, precision instruments, hydraulic pumps, plastics and rubber machinery, textile machinery, compressed air and vacuum technology machinery and equipment, hydraulic equipment, wood processing machinery and equipment, mining machinery, clothing And leather machinery, industrial furnaces and metallurgical equipment.
German machinery and equipment manufacturing industry is a typical export-oriented industry. The share of export sales in the total sales of the industry rose from 73.6% in 2009 to 75.3% in 2010. According to the German Federal Bureau of Statistics, exports of German machinery and equipment in the past two years were 124.595 billion euros (2009) and 138.7 billion euros (2010), respectively, and imports were 52.486 billion euros and 58.847 billion euros, respectively. According to the German Association of Machinery and Equipment Manufacturers, in the first half of 2011, the industry recorded a turnover of 94 billion euros, a year-on-year increase of 18.5%; total exports were 68.9 billion euros, an increase of 18.2% year-on-year, of which 9.325 billion euros were exported to China, accounting for the total amount. 41.5%, China has become Germany's largest market for machinery and equipment exports, with a market share of 13.5%; the number of people employed is 923,000; equipment utilization rate has risen to 89.9%. German machinery exports account for about 20% of the world's total machinery exports. In the 31 product areas of the machinery and equipment industry, German products rank first in the world in 21 areas and almost all of the rest in the world. Drive Technology Machinery and equipment, construction machinery and building materials equipment, transmission technology equipment, printing machinery and papermaking technology equipment, machine tools, food and packaging machinery equipment, and civil aviation technology equipment are the top seven mechanical equipment products exported from Germany. The share of total German machinery and equipment exports exceeds 5%. The other important export products are: agricultural machinery, power machinery, precision instruments, hydraulic pumps, plastics and rubber machinery, textile machinery, compressed air and vacuum technology machinery and equipment, hydraulic equipment, wood processing machinery and equipment, mining machinery, clothing And leather machinery, industrial furnaces and metallurgical equipment.
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