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Article: S. KOREA'S MACHINE TOOL EXPORTS RANK 6TH WORLDWIDE IN 05: REPORT.
- Article from:
- AsiaPulse News
- Article date:
- April 5, 2006
CopyrightCOPYRIGHT 2006 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SEOUL, April 5 Asia Pulse - South Korea's exports of machine tools ranked sixth in the global market last year, a U.S. industry report showed Wednesday.
The country's overseas shipments of machine tools amounted to US$1.16 billion in 2005, according to the report from manufacturing publication Gardner Publication Inc. The global machine tool exports for last year stood at $28.7 billion, it said.
Japan ranked first with $6.46 billion, trailed by Germany and Italy with $6.2 billion and $2.8 billion, respectively.
Last year, South Korea had the seventh-largest machine tool production, worth $2.8 billion, and fourth and fifth largest imports and ...