Technology, Healthcare, Financials Jul 09, 2021 08:51 PM (GMT+8) · EqualOcean
China will account for 15.8% of the world's total exports of machinery and equipment in 2020, reaching 165 billion euros, making it the world's largest exporter of machinery and equipment, according to preliminary estimates by the German Federation of machinery and equipment manufacturers (VDMA), German media reported Tuesday. Germany, the former "world champion" of machinery export, exported 162 billion euros of machinery and equipment in 2020, equivalent to 15.5% of the total global export volume, ranking second with a gap of 0.3%.

This text is a result of machine translation.