Machine tools - top producing countries worldwide 2021
In 2021, China was the leading machine tool producer worldwide, with an unprecedented manufacturing record of 21.8 billion euros. In the same year, the production volume of Germany amounted to just below nine billion euros, making the country the second largest manufacturer worldwide. However, the country was in a close race with Japan, and there were differences in production, which amounted to 89 million machines. In fourth place, the U.S. lagged far behind its top-three competitors with its 6.35 billion euros worth of production.
