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Ranking of the ten most attractive EU countries for machine exports from Germany

49% of all German machinery exports go to the EU / Of these, 80% go to ten EU countries alone. The new Quest Report forms the ranking of the most export-attractive EU countries

(PresseBox) (Bochum, ) Industrial production is the most important economic indicator for the demand for machinery. So the new Quest Report compares the development of industrial production in the ten EU countries that alone account for 80% of German machinery exports to the EU. These are in alphabetical order and with the export quotas of German machines the countries France (14%), Great Britain (10%), Italy (10%), Austria (9%), Netherlands (9%), Poland (8%), Czech Republic (7%), Spain (6%), Belgium (5%) and Hungary (5%).

The Quest Report compares the growth rates of industrial production in these countries with the growth rates of machinery exports from Germany to these countries from 2008 to 2017.

For each of the ten EU countries, a diagram illustrates the development of industrial production and export quota of machinery from Germany.

Poland leads the ranking of the most attractive EU countries for machine exports from Germany. Its industrial production increased by 40% and machine exports from Germany by 29% from 2008 to 2017.

The ranking concludes Spain. There, industrial production fell by 15% and machinery exports from Germany by 19% between 2008 and 2017.

The comprehensive report is available on https://www.quest-trendmagazine.com/en/machinery-industry/exports/industrial-production-of-the-eu-and-german-machine-exports.html

Further Quest reports shed light on the concentration of the export markets of German mechanical engineering and the absorbing power of global export markets for machines from Germany on https://www.quest-trendmagazine.com/en/machinery-industry/exports.html

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Quest Trend Magazine

Quest Trend Magazine publishes trends in automation from the users's point of view mainly in machinery industry, automotive and F&B industry. The economic backdrop of these trends are highlighted as well.

The trends are based on market surveys by Quest TechnoMarketing, Bochum, London, specialized in market surveys and marketing for the automation technology for more than 20 years and the publisher of the Quest Trend Magazine in English and German language.

The economic backdrop is analyzed by Quest Research, a department of Quest TechnoMarketing.