Header-Märkte und Konjunktur
Level 1 Themenwolke
The Economics and Statistics department provides you with all industry-relevant economic and market information. Benefit from our expertise and use our statistics as a basis for smart business decisions.
VDMA Foreign Trade supports you and your export business. We prepare topics relevant to mechanical engineering for you: up-to-date and easy to understand.
The VDMA Foreign Trade team supports VDMA member companies in the internationalisation of mechanical and plant engineering. We provide you with practical support in all matters relating to foreign business.
The situation in the supply chains has once again worsened. Hardly any companies in the machinery and plant engineering sector expect the situation to ease any time soon. More and more companies are changing their procurement strategies and placing a stronger focus on security of supply.
The G7 summit showed that the Western industrialized nations want to act together on crucial issues. It is good that the G7 is pushing ahead with the establishment of an international climate club and wants to offer an alternative to the Chinese New Silk Road.
The production and delivery capabilities of the mechanical and plant engineering sector in Germany are being increasingly hampered by material bottlenecks and a shortage of skilled workers. According to the VDMA flash survey, 87 percent of companies currently see their supply chains as noticeably or seriously impaired. 78 percent cite a noticeable or severe shortage of personnel.
Global machinery turnover is expected to grow by 4 percent in real terms in 2022. However, a resurgence of the corona pandemic could limit growth to 2 percent. The outlook for 2023 offers a spectrum ranging from growth to stagnation.
Commenting on the agreement reached by the government parliament groups of the SPD, Greens and FDP on a ratification law for the CETA free trade agreement, Ulrich Ackermann, head of the foreign trade department at VDMA, says:
Up-to-date information and event tips in the VDMA Foreign Trade newsletter.
The AHK Industrial Suppliers Forum is an online platform for the mediation of business contacts in the industrial sector.
Bulgaria is strategically located and provides quick access to markets in Europe, Turkey, the Middle East and the CIS countries.
On behalf of VDMA, the Global Trade Allert Team of the University of St. Gallen has investigated the impact of protectionism on European machinery exports. Around 80% of EU machinery exports are hampered by government trade intervention.
Petra Steffen from the German-Finnish Chamber of Commerce in Helsinki explained exactly what needs to be considered when reporting work assignments in Finland at the VDMA Web Conference on June 14, 2022.
Free trade is increasingly hampered worldwide by government protectionist measures; 80 percent of all European mechanical engineering exports are affected. This makes new free trade agreements between the EU and, for example, the Mercosur states or India all the more important.
Southeastern Europe encompasses many different markets - VDMA Foreign Trade provides information
In view of falling Russian gas supplies, plans by Economics and Climate Minister Habeck to organize reduced gas consumption now are the right thing to do. The VDMA supports the plan to stimulate reduced gas consumption in industry by using tenders.
It is high time to restart free trade negotiations with India. This opens up the opportunity to dismantle numerous trade barriers on the subcontinent. But the EU must also make concessions to India in the negotiations.
Whenever the opportunity arises at trade fairs abroad, Staiger GmbH tries to participate in the German Pavillion. CEO Marc Staiger has several reasons for this, as he reveals in an interview - and a suggestion for improvement.
Machinery exports from Germany in April were down 4.3 percent year-on-year in nominal terms and as much as 10.3 percent in price-adjusted terms.
A trip to Saudi Arabia will take place from October 09-13. Special focus will be on the decarbonization of the Saudi petrochemical industry and the conversion to hydrogen. For this purpose, the establishment of business contacts with selected local business partners will be facilitated. Deadline for registration is July 06, 2022.
The upcoming WTO ministerial conference in Geneva must lead to a revival of multilateralism within the World Trade Organization. Otherwise, the WTO is in danger of sinking into irrelevance.
KIOGE will be held in Almaty, Kazakhstan, from September 28 to 30, 2022. The registration period for the German joint company stand runs until June 24, 2022.
27 percent of mechanical engineering companies have recently launched innovations that make a significant contribution to reducing the overall CO2 footprint.
The Trade Council will discuss the status of bilateral EU trade negotiations on 3 June 2022. The export-oriented machinery sector needs EU trade agreements, which also enter into force.
In April, the Russian war of aggression in Ukraine - together with the continuing serious supply chain problems - again led to a noticeable decline in incoming orders in the machinery and plant engineering sector. Orders fell short of the previous year's level by 7 per cent in real terms.
Despite a wide range of pressures, the sentiment in mechanical engineering companies is good. A lack of input products is hampering the production process. China's zero-covid strategy has again exacerbated the situation.
The mechanical engineering industry is looking for employees. In fact, the number of job ads is now at record levels. The indicators all speak the same language and the shortages are getting worse.
Due to the pandemic, the exhibition date has been changed again from December 2021 to September 2022. Interested parties can register for the company joint booth until June 17.
After a long lull, the trade show business has been picking up again for a few months. So: everything as usual? Interview with VDMA expert Dr. Alexander Koldau on the start of the trade fair and imponderables that exhibitors should be prepared for.
The Russian war of aggression is largely bringing the close relations of European mechanical engineering with Russian industry to a standstill. This is shown by the results of the current VDMA survey on business with Russia.
The recovery in the mechanical engineering sector will continue in 2022 at a slower pace - provided there is no abrupt interruption in energy supplies. The Ukraine war and supply chain problems are weighing on companies, which is why the VDMA is reducing its production forecast for 2022 to plus 1 percent.
The Biden Administration has signaled that it wants to restart negotiations with the European Union on eliminating a long-standing trade barrier impacting the mechanical-engineering industry.
Kenya ranks among the top three economies in sub-Saharan Africa, far behind Nigeria and South Africa, with a GDP of $110 billion (2021).
On June 15, the VDMA invites you to Frankfurt for an interactive exchange on the situation of business in Russia. The event will feature varied expert presentations on Russia's political and economic prospects.
Egyptian Customs is extending the ACI electronic customs system to air cargo shipments.
European machine technology can play an important role in helping African countries advance economically - especially in the fight against climate change. Chancellor Scholz's trip to Senegal, Niger and South Africa should also be used to promote free trade between the EU and Africa.
Joe Biden's Infrastructure Law provides $550 billion USD in new funding over the next five years for public-works projects. At the same time, the law requires that all manufactured products for such projects be made in on U.S. soil, with 55 percent local content. The new rule entered into force on May 14, 2022.
The majority of companies in the mechanical and plant engineering sector are planning to increase their core workforce despite the current crises. Most companies indicate that this will also be the case in the coming years. However, the declining quality of applications is a cause for concern.
The Austrian Federal Government now presented a new COVID 19 entry regulation: Entry from countries with a sufficiently low incidence will be possible again without quarantine as of May 19. The "3-G rules" as well as the online registration have to be observed.
The war in Ukraine has put a noticeable damper on the export-oriented machinery and plant engineering sector. In the first quarter of 2022, exports increased by just 0.4 percent year-on-year, while March saw a 6.2 percent drop in exports.
The EU-US Trade and Technology Council (TTC) must help make supply chains more resilient and reduce trade barriers. VDMA and U.S. electrical association NEMA jointly call on TTC officials to move forward with a trade agreement.
VDMA and the National Electrical Manufacturers Association are jointly urging the U.S.-E.U. Trade and Technology Council to reach an agreement on the mutual recognition of conformity assessment results for the machinery industry.
The EU Commission has published new codes for exports to Russia, which are required for the declaration of certain declarations by the exporter in coded form.
By decree, President Putin orders a comprehensive business ban on Russian authorities, legal entities and individuals. Who will be the target of this ban is not yet known.
The new processes are expected to significantly lengthen processing.
Member companies examine their own crisis management structures within the company using practical examples.
The EU's Russia sanctions are complex. Here are some basic tips on how to navigate the regulations semi-efficiently.
The Corona-related lockdowns and restrictions in China are leaving deep scars on local machinery and plant manufacturers. Only a minority of companies currently anticipate an improvement in the business situation in the coming six months.
Taiwan has come through the pandemic well. The country is trying to reduce its dependence on China and is trying to attract investments back to Taiwan.
EU Commission pushes ahead with uniform electronic reporting form. In a user experience workshop, companies - including a VDMA member - were able to contribute requirements to the process.
To the point
Level 2 Minimal Contact Display