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Top 10 German plastics and rubber machinery export destinations. <i>(Source: VDMA)</i>
Top 10 German plastics and rubber machinery export destinations. (Source: VDMA)
Photo: 12

In the first half of 2017, the German plastics and rubber machinery manufacturers again recorded a remarkable export growth. In total, German exports increased by 3.8% and reached a value of €2.4 billion.

The US, which bought the most German plastics and rubber machines for €402.2 million (+4.2%), keep leading the field. Similar to last year, the second place goes to China with €310.7 million (+19.2%). Mexico could record a growth of 26.4% to €137.4 million, another strong increase for the country.

"All three of our most important customer markets recorded an increase above average," said Ulrich Reifenhäuser, Chairman of the VDMA Plastics and Rubber Machinery Association. "The very positive development in China is striking."

In the same period of the previous year, the German plastics and rubber machinery manufacturers had to experience a noticeable decline of 22.1% to back then €260.7 million in China.

"Many member companies already have their own production locations in China, which accounts for the export decline of last year," said Thorsten Kühmann, Managing Director of the VDMA Plastics and Rubber Machinery Association. "However, due to this and in the light of the revaluation of the € compared to the Chinese RMB, the export increase is even more encouraging."

Exports to the European Union, the most important connected sales region for German machines, decreased to €848 million compared to the first half of 2016. This corresponds to a decline of 6.1% compared to the previous year. The exports to Poland, France and Italy, which buy most of the German plastics and rubber machines within the EU, were all declining.

Two other important sales markets, Brazil and Russia, show a considerable upward trend. Germany's exports to Russia could be increased by 43.4% to €59.3 million, those of Brazil even by a whopping 78.2% to €35.3 million.

Ahead of the Fakuma 2017, the German manufacturers of injection molding machines can look back at a very satisfactory first half-year 2017, with regards to export figures.

Exports rose by 9.4% compared the first half-year 2016 and reached a value of €475.8 million. The exports to France and Poland should be highlighted, which gained 51.9% and 10.6% respectively. However, the distribution to China (+43.0%) and Mexico (+41.3%) also strongly improved.

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