Korean Machine Tool Market Trend in October

Koean Machine Tool Market Status (October, 2015)

 
☐ (Orders) ‘15. October  Machine Tool Order ￦1,968B(MoM -5.8%, YoY -34.4%)
o (Domestic Orders) ￦1,347B(MoM -4.8%, YoY -15.4%),
   (Export Orders) ￦621B(MoM +8.0%, YoY -56.0%)

o (By product)
NC Metal Cutting(￦1,532B, MoM -8.4%)
Metal Cutting (￦107B, MoM +6.5%), 
Metal Forming(￦ 328B, MoM +3.7%)

o (By industry)
Automobile(￦532B, MoM -25.6%),
Steel‧Nonferrous Metal(￦85B, MoM +226.5%), 
Machinery(￦205B, MoM -5.7%),
Electric‧Electronics‧IT(￦163B, MoM +23.7%)

*Metal products(￦136B, MoM +48.9%), Shipbuilding‧Aviation(￦83B, MoM +41.7%),
 Precision Machinery(￦15B, MoM +64.4%)

o Machine Tool Orders(January ~ October) ￦27,856B(YoY -10.4%)
 (Domestic Orders) ￦ 14,288 B, YoY -8.6%,
 (Export Orders) ￦13,569B, YoY -12.3%

☐ (Production) ‘15, October Machine Tool Production ￦2,659B(MoM +11.2%, YoY +3.6%),
   Shipment ￦2,637B(MoM +7.0%, YoY -12.1%)

o Machine Tool Production(January~October, 2015) ￦28,672B(YoY +2.5%)
o Machine Tool Shipment(January~October, 2015) ￦27,575B(YoY -3.1%)

☐ (Exports, October, '15) $192M(MoM +24.6%, YoY +12.6%)
o Sub total of Exports (Jan.~October, '15) $1,976M(YoY +8.2%)

- By Region
Asia($905M, YoY+10.8%), North America($334M, YoY -3.2%), Europe($424M, YoY -17.3%), Central and South America($262M, +179.4%)

*ratio of Exports(‘15.Jan.~October) by region : Asia(45.8%), Europe(21.5%), North America(16.9%)Central and South America(13.3%)

☐ (Imports, October, '15)$105M(MoM +1.7%, YoY -7.4%)

o Sub total of Imports (Jan.~ October, '15) $1,178M(YoY -4.6%)

- Asia($789M, YoY +0.7%), North America($49M, YoY -7.1%),
 Europe($330M, YoY -16.5%)

*ratio of Imports(‘15.Jan.~October) by region : Asia(67.0%), Europe(28.0%),
 North America(4.2%)

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

[Amazing Korea] Korea’s ICT Industry Reached Record-high Trade Surplus Last Month

Excess of Export Korea’s ICT Industry Reached Record-high Trade Surplus Last Month

 

 

 

 

 The Ministry of Science, ICT & Future Planning announced on Oct. 13 that Korea’s ICT exports increased by 1.6 percent year-on-year last month to US$15.9 billion, the highest level since the beginning of this year. It added that the country’s ICT imports for Sept. increased by 1.4 percent from a year ago to US$7.77 billion, and the trade surplus reached a new high.

 Korea showed positive export growth in the ICT industry for two months in a row in spite of market research firm Gartner’s prediction that the global ICT market is likely to shrink by 4.9 percent this year and the fact that overall exports from Korea posted a decrease of 8.3 percent last month.

 The remarkable performance was led by digital TV suppliers as well as mobile phone and semiconductor exporters. Digital TV and component exports, which continued to fall year-on-year during the first eight months of this year, recorded an increase of 9.3 percent to US$610 million in Sept., while mobile phone and semiconductor exports rose 34.1 percent and 0.8 percent to US$2.83 billion and US$5.86 billion, respectively.

 On the contrary, the exports of display products declined 14.5 percent to US$2.68 billion, and those of computers and auxiliary equipment fell 9.0 percent to US$600 million during the same period.



SOURCE : http://www.businesskorea.co.kr/news/money/12470-excess-export-korea%E2%80%99s-ict-industry-reached-record-high-trade-surplus-last-month#sthash.mWFwTWtx.dpuf