Korean Machine Tool Market Trend in January

Machine Tool Market Status (January, 2016)

☐ (Orders) ‘16. January Machine Tool Order ￦1,583B(MoM -18.9%, YoY -73.3%)
o (Domestic Orders) ￦1,165B(MoM -2.9%, YoY -18.0%), 
   (Export Orders) ￦471B(MoM -44.5%, YoY -90.7%)

o (By product)
NC Metal Cutting(￦1,388B, MoM -11.6%)
Metal Cutting (￦82B, MoM -0.1%), 
Metal Forming(￦112B, MoM -62.4%), 

o (By industry)
Automobile(￦451B, MoM +33.8%),
Steel‧Nonferrous Metal(￦85B, MoM +74.5%), 
Machinery(￦218B, MoM +7.2%), 
Electric‧Electronics‧IT(￦139B, MoM -50.0%)

*Metal products(￦112B, MoM +0.9%), Shipbuilding‧Aviation(￦31B, MoM -48.6%),
 Precision Machinery(￦11B, MoM +57.7%)

☐ (Production) ‘16, January Machine Tool Production ￦1,904B(MoM -17.9%, YoY -37.8%),
   Shipment ￦1,552B(MoM -42.3%, YoY -43.7%)

☐ (Exports, January, '16) $123M(MoM -43.0%, YoY -22.1%)

- By Region 
Asia($59M, YoY-46.6%), North America($22M, YoY -0.6%), Europe($22M, YoY -53.2%), Central and South America($18M, +43.0%) 

*ratio of Exports(‘16.Jan.) by region : Asia(48.0%), Europe(17.9%), North America(17.9%)Central and South America(14.6%)

☐ (Imports, January, '16)$75M(MoM -35.5%, YoY -29.4%)

- Asia($46M, YoY -34.6%), North America($3M, YoY -54.8%),
 Europe($26M, YoY -33.9%)

*ratio of Imports(‘16.Jan.) by region : Asia(61.3%), Europe(34.7%), North America(4.0%) 

*￦ : Korea Won, $ : US dollar, B= Billion,  M=Million