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Aren't Germany and Japan still by far the largest exporters of machine tools - i.e. the machines that make our machines?
by arethuza 8y ago
Aren't Germany and Japan still by far the largest exporters of machine tools - i.e. the machines that make our machines?
- dsfyu404ed 8y agoDepends what kind of machine tools you're buying and whether you're counting units or dollars and whether you're including tooling in there. Like every other industry the cheap stuff at the bottom of the market moves way more units than the fancy stuff at the top (and as usual, a certain country in the far east makes most of the cheapest stuff). Yeah, central Europe and Japan/Korea are big players but pretty much every "industrialized" nation has a noteworthy share of the industry.