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Digital, secure, and efficient. The new Entry/Exit System (EES) will replace passport stamping.

10.1 percent of the total value-added of the machinery industry in Germany gets finally tied up in automobiles. Around 103,000 of the 1.02 million jobs in the machinery industry in Germany hence depend on the global demand for automobiles.

The Johor-Singapore Special Economic Zone (JS-SEZ), which was officially agreed at the beginning of 2025, is a joint project between Singapore and Malaysia with the aim of exploiting economic synergies between the two countries.

In our quarterly report, we provide you with information on India's macroeconomic development, as well as detailed information on the manufacturing industry and individual sectors with a particular focus on machinery and equipment.

International Financial Institutions (IFIs) finance numerous projects in developing and emerging countries worldwide.

Foreign exchange market was deregulated in March 2024. But expectations that exports would pick up afterwards were not fulfilled. VDMA members in Egypt nevertheless report good business.

Saudi Arabia in transition offers both challenges and opportunities. Local presence remains crucial, and not just because of increasing Chinese competition.

EU machinery and equipment manufacturing companies currently rate their competitive position as worse than the long-term average. This is particularly true to companies based in Germany.

Singapore’s Budget 2025 presents significant opportunities for businesses to reduce costs, invest in workforce development, and adopt digital innovations.

Malaysia and Singapore launched the Johor-Singapore Special Economic Zone (JS-SEZ) in January 2025. The new economic initiative aims to drive significant business growth with as many as 50 projects and create 20,000 skilled jobs.

In February, the ASEAN manufacturing purchasing managers' index (PMI) rose to 51.5, the highest in seven months, from 50.4 in January. This marks the highest reading since July 2023.

New orders for machinery in Japan fell by 3.5% in January compared to the previous month, while the order backlog reached a record high due to a shortage of labor and transportation capacity.

Despite a slight decline in machinery exports to Kazakhstan in 2024, the German mechanical engineering industry remains confident

In 2024, machinery exports from Europe to the Southeast Asian region will still not be able to match the levels of the years before coronavirus and will even record further losses.

In 2024, price-adjusted production output in the EU mechanical and plant engineering sector contracted by 7 percent compared to the previous year.

Last year, agricultural machinery and tractor manufacturers in Germany recorded a noticeable double-digit decline in sales.

With a liaison office for the ASEAN region, the VDMA aims to support European mechanical engineering in the region. Tiffany Ang has been representing the VDMA in the ASEAN region based in Singapore since January 6, 2025.

The following summarizes the discussions with VDMA members' branches in Turkey and with Turkish mechanical engineering companies as well as the second meeting of VDMA members in Istanbul.

The USA has long been an important export market for German suppliers of process engineering machinery and equipment. However, since August 2022, the market has maintained its position as the most important trading partner, ahead of China.

Robotics and automation in Germany will be driven in particular by foreign business in a subdued domestic economy: - Incoming orders from Germany declining - Increased competition from China

The Oil Hydraulics Market Investigation Working Group meets twice a year. The participants find out about the economic situation in mechanical engineering and fluid power in particular and discuss current trends in mechanical engineering.

Saudi Arabia's state-owned companies are vehemently calling on their suppliers to invest in the country. Each day 5 to 6 factories take up production.

The Liaison Office India monitors the markets in India exclusively for VDMA member companies - for the fluid power industry with a special focus on its customer sectors.