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The additional tariffs imposed by the USA on imports from Southeast Asia are placing a heavy burden on the region.

Europe's mechanical engineering companies are facing major challenges in Southeast Asia. More local proximity, strategic adaptation and the courage to question familiar ways of thinking are needed.

Held on 3rd to 5th September 2025 at Marina Bay Sands, Singapore

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.

In 2026, global machinery and equipment turnover is expected to grow by 2% on a price-adjusted basis. Growth in Asia will remain above average. Stagnation looms in the EU-27.

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 a difficult overall economic environment, the machinery industry continues to wait for substantial growth momentum.

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.

This year's VDMA Tractor Report Part I has been published.

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.

Get an overview of the most important macroeconomic data for all countries in the world - including forecasts from the International Monetary Fund (IMF) and information on the business environment.

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.

How are exports to Africa and the Middle East developing? Which are the largest local markets, which product groups are most in demand and what are the most important supplier countries? In our theme publication you will find facts, figures and data on foreign trade with Africa and the Middle East from the perspective of the mechanical and plant engineering sector.

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.

As in the previous year, demand for capital goods was weak in 2024. Machinery and equipment worth an estimated 3.26 trillion euros was sold worldwide, 1.5% less than in 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 the first half of 2025, price-adjusted production output in the EU machinery and equipment sector shrank by 3% compared to the previous year.

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

The quarterly report "Machinery & Equipment in China" contains relevant key figures such as production, sales, profit and investment trends in the local machinery and equipment industry as well as important customer industries in China.

The VDMA Liaison Office for the ASEAN region supports the European mechanical engineering industry: regional presence, understanding the needs of member subsidiaries and improving regional services and offerings.

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.

Following last year's price-adjusted decline in turnover, global machinery turnover is expected to rise by a moderate 1 percent in price-adjusted terms in 2025.

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.

Germany Trade and Invest (GTAI) provides a monthly overview of publications relevant to mechanical engineering on Africa exclusively for VDMA members.

In its EV Outlook 2023, the IEA presents current trends in the global EV market. This has continued to grow strongly over the past year and is driving further innovation.

Mechanical and plant engineering is one of the world's most important industrial sectors. We show the wide range of its economic indicators - presented in interactive charts and tables.

This year Indonesia is the Partner Country of HANNOVER MESSE. Indonesia is the fourth most populous country in the world and by far the largest economy in Southeast Asia.

Stay successful in a volatile market: VDMA offers an interactive report on European business climate indicators. Follow the developments of your most important European target markets and customer industries at a glance and make informed decisions based on current data.

What are the effects of the IRA on the American market and what are the consequences for the European mechanical and plant engineering industry? Current VDMA publication provides an overview.

The newsletter "Afrika aktuell" is published four times a year with main focus on developments and projects in the field of food production.

The global mechanical and plant engineering industry reached a new record high in 2021. In euro terms, around 15% more machines were sold than in the previous year. China cracked the 1 trillion euro mark.

Southeastern Europe encompasses many different markets - VDMA Foreign Trade provides information

Kenya ranks among the top three economies in sub-Saharan Africa, far behind Nigeria and South Africa, with a GDP of $110 billion (2021).

The government is investing heavily in infrastructure and there are multiple market opportunities, but the economy is also suffering from currency devaluation.

The starting signal has been given for the new series "Africa - Market in Focus". The first issue provides a concise overview of business in South Africa.

The Economics and Statistics department provides you with all industry-relevant economic and market information. Benefit from our expertise and use our statistics as a basis for smart business decisions.

New VDMA info sheet on industry associations relevant to mechanical engineering in the USA.