Header-Märkte und Konjunktur

Markets & Economy
How is mechanical engineering developing in the age of global value chains? Where do your competitors come from? What support is available for market development? What regulations must be observed when exporting? What needs to be considered when deploying employees and regarding visas for foreign guests? Together we will find answers to your questions.

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We guide you through the data jungle

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.

Successful abroad - Export topics

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.

Analysis, assessments and options for action for business with China

China has developed rapidly and, as a result, undergone considerable change. This has an impact on the economic and political environment to which the machinery and plant engineering industry cannot close its eyes.

Securing and financing machinery and equipment exports with OeKB

For the first time, experts from Austrian VDMA members met for an "Exchange of experience on export financing for mechanical and plant engineering. OeKB export guarantees in practice" in Linz in June 2024.

Mechanical engineering: no impetus for more growth until 2025

The mood in the mechanical engineering sector has deteriorated, even with a view to the year as a whole. According to the VDMA economic survey, investments will not increase again until 2025.

VDMA study: China is surfing a new wave of "going global"

Chinese companies now have a global presence and dominate some global markets

China: CVASC Düsseldorf closed on July 01, 2024

Applicants from NRW must in future submit their application to the Visa Center in Frankfurt am Main

"Debt brake and growth initiative - both are possible!"

In the 2025 budget, the Federal Government is committed to the debt brake and to incentives for growth. With the right prioritization of spending, both can succeed.

Slump in EU machinery and equipment manufacturing

In the first quarter of the current year, price-adjusted production in the EU mechanical and plant engineering sector shrank by 6% compared to the previous year.

Young talents around the world: Netherlands

Demographic change, a shortage of skilled workers, unfilled training positions - these are often prevalent issues in Germany when it comes to recruiting employees. But what is it like in other countries? We asked around locally.

Bulletin international

The signs of the slowdown in demand for capital goods are still clearly visible in the statistics for industrialized countries. China is reporting growth rates, but only in low single-digit range.

Weak investment causes setback      

In May, orders in the mechanical engineering sector were 27% below the previous year's figure in real terms. A large part of the decline can be attributed to a base effect, but the result also reflects a continuing weakness in investment.

Few bright spots

For the second time in a row, global machine turnover will stagnate in 2024 - with great heterogeneity between countries.

Sourcing CEE: 10th CEE Procurement and Supply Forum in Budapest

On October 8, the 10th CEE Procurement and Supply Forum will take place in Budapest with presentations by renowned procurement experts and B2B matchmaking with suppliers from various Central and Eastern European countries.

Working in Poland: Registration regulations and practical tips

Like other proactive activities, assembly assignments in Poland are subject to Polish reporting obligations. What needs to be considered in the reporting procedure?

"The German government's tenacious resistance was right"

The resistance to the planned expansion of the 'no-Russia clauses' in the EU sanctions was right. If there is a 'no-Russia clause' at all, then it should be designed differently.

Brazil - New tax benefits for industry

In Brazil, the law on accelerated depreciation for the modernization of industry has come into force. Until the end of 2025, companies will be encouraged to purchase new machinery and equipment with tax benefits.

Deforestation regulation EU Regulation 2023/1115

The deforestation regulation forces us to act.

"Minister for the Economy must demand equal market access"

On his trip to China, Economics Minister Habeck should address the issues of overcapacity and market distortions. The unfair subsidization of Chinese companies must stop.

CBAM - CO2 border adjustment system

Major effort required to implement the CO2 border adjustment mechanism

20 years VDMA Working Group China

Anniversary meeting at Getriebebau NORD in Bargteheide

"China must prevent a trade war"

China's government is now called upon to prevent a trade war with the EU before the new tariffs come into force. European industry finally needs a level playing field.

International SOS offers a special for VDMA members

The long-standing cooperation with the VDMA has been adapted, which continues to offer exclusive special conditions for members and a regional extension to Italy, Austria and Poland.

Foreign investments

German investment stocks in foreign mechanical engineering increased by 14% in 2022. Investments are expected to be made in North America and the eurozone in particular this year.

First plus for one and a half years

After one and a half years of continuous declines, orders in mechanical and plant engineering from Germany grew again for the first time in April. Compared to the previous year, there was an increase of 10 percent in real terms.

Official Euler Hermes Cover improves the application process

Orders up to 7 million euros can be processed quickly in the click&cover EXPORT application procedure. In the case of poor country risks, the upper limit for exports is 3.5 million euros.

Quarterly Report Mechanical Engineering in China Q1 2024

The quarterly report "Machinery & Equipment in China" contains relevant key figures such as production, sales, profit and investment development of the local mechanical engineering industry as well as important customer industries in China.

Labour shortage is costing turnover - every second company affected

Only two out of three companies in the mechanical engineering sector are currently able to fill the majority of their vacancies for skilled workers. The labor shortage is now also costing them sales.

German-British business community more optimistic

The results of the British-German Chamber of Industry and Commerce's spring survey show that more than a third of companies now have positive expectations for the future.

VDMA economic survey Q2/2024 - results are available

The VDMA Business Survey Q1/2024 ran from June 18 to 28 2024. Over 1250 responses were received from 932 companies. The detailed results reflect a very good picture of the mechanical engineering sector and its sub-sectors.

Business culture in France - Are the French really that different?

When doing business in France, the following applies: seemingly wasted time in building relationships is ultimately the key to success.

Machinery exports with strong growth momentum in April

German machinery exports recovered noticeably in April 2024, with a nominal increase of 6.5% compared to the same period last year.

Machinery exports continue to decline in the first quarter

Exports in the mechanical engineering sector fell by a nominal 4.6% year-on-year in the first quarter of 2024. A total of 50 billion euros worth of machinery and equipment was exported from Germany to countries all over the world.

USA plans new tariffs on imports from China from August 1, 2024

New tariffs will be imposed on "green" products from China such as electric cars, batteries and solar cells, as well as on steel. A new exemption procedure for mechanical engineering products will also be launched.

Business climate survey in Brazil, China and India - 1st half-year '24

The business situation in India and Brazil remains positive. Turnover increased significantly in both countries in 2023. The companies surveyed there also expect significant nominal sales growth in 2024.

Market for machinery and equipment in Kazakhstan is growing

Kazakhstan wants to diversify its economy by significantly strengthening its manufacturing sector. European mechanical engineering companies are also benefiting from this.

Assembly work in the Ukraine

Despite the war, machines and systems are being delivered to Ukraine. This presents companies with the challenge of carrying out assembly, commissioning and servicing. Legal and safety-related aspects are important here.

India: Optimistic outlook for machinery and plant engineering

India is becoming increasingly attractive for German and European mechanical engineering companies. Local growth expectations are currently very optimistic.

Selling supplier credits more easily - does Hermes Cover help?

Since 2023, new Hermes cover has made forfaiting easier, a practical report is available.

Web-Event: Litigation or Arbitration in the USA

On Tuesday, June 4th, 2024, 2:30-4:00 pm (CET), VDMA offers an exclusive Web-Event on Litigation or Arbitration in the USA – How to protect you company in advance.

Tentative growth of the Ukrainian economy

Despite the war, Ukraine's economy recovered in 2023. Machine deliveries from the EU also increased. However, the future is full of question marks due to the military situation.

EU aid for Ukraine agreed

With its approval of the Ukraine plan, the EU Commission has cleared the way for the first payments under the Ukraine Facility. The prerequisite for the payments is absolute transparency.

First signs of easing despite high monthly loss 

In March, incoming orders in the mechanical engineering sector remained significantly below the previous year's figure. However, behind the 17% drop in real terms, signs of an easing are becoming visible.

Trade policy priorities of the next EU-Commission

The machinery sector is dependent on open markets. We call on the Commission to speed up the ongoing free trade negotiations and ensure that concluded agreements enter into force.

São Paulo promotes green expansion of the sugar-ethanol industry

The state of São Paulo wants to promote investment at the Cubatão petrochemical site. VDMA Brasil organized an exchange with the Secretary of State for Development of São Paulo.

"Clearly address trade barriers and demand remedial action"

China's economy has changed, but unfair trade practices remain. The mechanical engineering industry expects Chancellor Scholz to demand fair competition in China.

Tariff Relief is Important for VDMA Members

VDMA America calls on the US Congress to pass the bipartisan Miscellaneous Tariff Bill again.

New OECD rules for export credits help with competition

The modernization of the OECD consensus offers European plant manufacturers more flexibility in credit offers. Renewable energy in particular benefits.

Still many vacancies for engineers

In the last two years, the bottlenecks on the labor market for engineers have become much more acute. Never before has the mechanical engineering sector been looking for so many employees, and never before have there been so many vacancies for engineers.

Parameters of foreign subsidiaries

We have updated our interactive report on foreign affiliates. In addition, more indicators are now available.

VDMA Magazin Teaser USA

Good prospects in the USA
Many European machinery and plant manufacturers already have subsidiaries in the USA. Three VDMA member companies report on why they want to expand their presence there and develop their business activities, and why the US market has potential.
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Our expert and focus topics

Our expert and focus topics
Mechanical and plant engineering figures and charts
The statistically recordable world of mechanical and plant engineering - newly presented in interactive charts and tables. Find out about all the key economic figures for the industry and, in particular detail, about the development of the EU Single Market.
Economic Development & Business Situation
The economic cycle plays a significant role in almost every area of the economy. After all, it plays a key role in determining the well-being of companies and employees. In fact, it is particularly relevant in the mechanical engineering sector. After all, it plays a key role in determining the well-being of companies and employees in the mechanical engineering sector.
Global markets
The world is changing fast - what was good practice yesterday may not be good practice tomorrow. The VDMA helps its members to keep track of the latest developments in global markets, customs, export financing, export controls and trade policy.
Statistics database
The VDMA statistics database offers all VDMA member companies fast and convenient access to economic information on all aspects of mechanical engineering. The use of the VDMA Order Intake and Sales Statistics Germany is exclusively reserved for those companies that participate in the survey.
Work assignments in Europe
Regarding work assignments in Europe, three completely different topics - "reporting requirements", "social law: A1 certificate" and "labor law: posting of workers directive" - are increasingly moving into the spotlight.
International Business Travel
Globalization necessitates travel throughout the life cycle of a machine: Sales, commissioning, assembly and maintenance. For corporate travel management, this poses an organizational challenge: Do I need a visa, and if so, which type? Which documentation is required? Which regulations apply when posting workers within the EU?
VDMA Infoportal Ukraine War
The machinery and plant engineering sector condemns the Russian invasion of Ukraine in the strongest possible terms. The VDMA supporta its member companies in word and deed in order to master the many challenges that are arising.
Europe and China
The perception of China in Germany and Europe has changed in recent years. Firstly, China is an important economic partner and also of significant importance for the German mechanical engineering sector. On the other hand, there is growing recognition at economic and political level in Germany and the European Union (EU) that the existing imbalance with China, for example in market access, is no longer acceptable.
The United States
The USA remains a key market for the German engineering sector. It is our biggest export market and investment location outside Europe. Local standards, complex tax laws and legal liability are just some of the challenges that new market entrants often have to deal with.

Level 1 Themenwolke

Podigee

To the point

To the point

Auf den Punkt Zitat Markets and Economy

"The economic and political environment is currently more challenging than ever before, partly due to the many geo-economic uncertainties. But the mechanical and plant engineering industry has the self-confidence and innovative strength to overcome these challenges"

Karl Haeusgen, VDMA Chief Präsident

Auf den Punkt Zahl Markets and Economy

10

million euros

is the maximum order value for a forfaiting guarantee. This is additional cover to the supplier credit cover. The exporter must apply for cover for both types of cover.

Source: VDMA

Auf den Punkt Zusammenfassung Märkte und Konjunktur

Statistics
Welcome to the VDMA statistics database
  • The VDMA incoming orders and turnover statistics for Germany are exclusively available to you when you participate
  • The foreign trade statistics provide you with information on the flow of goods by sector and commodity code
  • Leading economic indicators provide information on how the economic situation will develop in the future

VdmaSambaEvents

Events

Mon. 22.04.24 Fri. 26.04.24

  • Digitalization & Industrie 4.0

Experience the technologies that our industry is using to drive the digital transformation and decarbonization at Hannover Messe 2024! Over 4,000 companies will present pioneering solutions from mechanical and plant engineering, the electrical and digital industries and the energy sector. Numerous dialog formats with representatives from politics, industry, science, media and society will present and discuss challenges and solutions for the intelligent and carbon-neutral production of tomorrow.

Places available

Thu. 10.10.24 Fri. 11.10.24

  • Management

Every four years, the VDMA invites its member companies to the big general assembly – this year under the motto "Unique."

Every four years, the VDMA invites its member companies to the big general assembly – this year under the motto "Unique."

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Unsere Leistungen

Unsere Leistungen
VDMA Trade Fair Calendar 2024
With the trade fair calendar, we have been offering our members an orientation guide to the global range of trade fairs relevant to mechanical engineering worldwide for many years.
Mechanical and plant engineering figures and charts 2024
Mechanical and plant engineering figures and charts provides a comprehensive overview of all major figures and statistics relating to the mechanical engineering industry.

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Economic bulletin international
Our monthly bulletin provides periodic updates on economic trends in the international mechanical engineering sector.

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Germany Economic Bulletin
Data on the economic situation of the German mechanical and plant engineering industry in the current economic context

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VDMA flash survey
Machine and plant manufacturers are looking ahead to the year 2024 with a subdued mood. A reluctance to invest and hire new staff is noticeable due to the high level of uncertainty. The order backlog is melting for many.

exklusiv

Germany Incoming orders
The monthly figures for incoming orders in the German mechanical engineering industry
Database of technical regulations
The VDMA Specifications reflect the technical specifications of the German mechanical engineering industry. The directory contains all VDMA Specifications that are currently valid and in preparation.
VDMA Foreign offices
Here you will find links and further information on the VDMA liaison offices located in particularly important foreign markets

Ausschüsse

Committees

Asset Publisher

VDMA partners

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Institut für Weltwirtschaft Kiel
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German Economic Institute
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Leibniz-Zentrum für Europäische Wirtschaftsforschung
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gtai - Germany Trade & Invest

Ihr Kontakt

Vorteilskommunikation

Benefits for you as a member

Largest industry network in Europe

3,600 primarily medium-sized member companies in the capital goods industry make the VDMA the largest industrial association in Europe and the most important network organization in the industry.

Strong representation of interests

The VDMA is the most important voice of the machinery and equipment manufacturing industry. It represents the common economic, technical and scientific interests of the industry in Germany and around the world.

A wide range of services

More than 500 VDMA employees worldwide support you with practical services to make the right decisions in your company - along the entire value chain.