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The economic operation of the machine tool industry from January to May 2025

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The economic operation of the machine tool industry from January to May 2025

Based on the data and information obtained and compiled by the China Machine Tool Industry Association, the operating income of the whole machine tool industry was 404.8 billion yuan, a year-on-year decrease of 1.3%. Among them, abrasives decreased by 13.4% year-on-year, and the rest of the sub-industries increased to varying degrees, with metal cutting machine tools increasing by 14.5% year-on-year and metal forming machine tools increasing by 12.0% year-on-year.

New orders for metal processing machine tools increased by 12.9% year-on-year, and orders in hand increased by 19.1% year-on-year.

the output of metal cutting machine tools of enterprises above designated size in China was 332,000 units, a year-on-year increase of 13.3%; the output of metal forming machine tools was 69,000 units, a year-on-year increase of 11.3%.

the total import and export of machine tool products was 13.43 billion US dollars, a year-on-year increase of 5.2%. Among them, the import value was 4.19 billion US dollars, down 0.7% year-on-year; the export value was 9.24 billion US dollars, a year-on-year increase of 8.1%. the import value of metal cutting machine tools was 2.00 billion US dollars, unchanged year-on-year; the export value was 2.43 billion US dollars, a year-on-year increase of 10.7%. the import value of metal forming machine tools was 250 million US dollars, down 17.2% year-on-year; the export value was 1.34 billion US dollars, a year-on-year increase of 36.2%.