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Export of German textile machinery in 2007 |
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According to VDMA Textile Machinery Association, export of German textile
machinery in 2007 was 3.9 billion euros, up by 7.2% from the previous year. The
export of spinning machinery increased by 20% to an export value of 1.6 billion
euros, and that of weaving machinery reached 351 million euros, up by 1.4%, and
that of knitting machines covered 1.2 billion euros, up by 1.3%, and that of
finishing machinery (washing, bleaching and dyeing) declined by 3.2% to 684 million
euros.
The exports went to Asia with a share worth 1.85 billion euros, and of
that 1 billion euros was sold to China. The second strongest was Turkey with
an export value of 408 million euros, up by 72% from the previous year. For India,
it decreased by 18.3% to 301 million euros.
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