Japanese Machine Tool Export Orders to China Decreased by 26% in April

China Intelligent Machinery Cloud news on the 27th, the machine tool order amount (determined value) of April issued by the Japan Work Machinery Industry Association on May 26 showed that the order value for China decreased by 26% year-on-year to 11.5 billion yen, 26 consecutive The month was lower than the same period of the previous year, but the decline was significantly reduced compared with 43.8% in March.

Japan's domestic and foreign machine tool orders in April decreased by 48.3% year-on-year to 56.1 billion yen. Among them, external demand decreased by 46.3% to 34.9 billion yen. Orders for Europe, which expanded to the new epidemic, were reduced by 66.7% to 5.4 billion yen due to stagnation in equipment investment. Orders in North America also decreased by 41.5% to 11.8 billion yuan.

Domestic demand decreased by 51.4% to 21.1 billion yen. All industries have experienced a decline, especially orders for automotive-related fields, which account for about 30% of domestic demand, have dropped significantly by 61.5% to 4.8 billion yen. This is the first time that a single monthly order has fallen below 5 billion yen after 10 years and 3 months.