In Q4-2020 (pre-estimates) world trade of Metalworking Machine Tools recorded a year-over-year decrease (-7.7%) in EUR.
In cumulative terms, after -3% y-o-y in the first 3 quarters, in overall 2020 worldwide flows of Metalworking Machine Tools highlighted a decrease of -4.2% in EUR compared to year 2019.
As regards major competitors, in overall 2020 Singapore, USA and Netherlands confirmed as the best performers in exports of Metalworking Machine Tools compared to year 2019, while Germany recorded the worst performance.