On January 26, 2012, the American Manufacturing Technology Association (AMT) released the latest statistics on the import and export trade of metal processing machines in the United States in November 2011. In November, the export value of US metal processing machine tools was US$190.8 million, down 15.6% from the previous month and down 6.8% year-on-year; the import value was US$493 million, down 6.9% from the previous month and up 72.32% from the same period last year. In November, the trade deficit of US metalworking machine tools was US$302 million, a decrease of 0.4% from the previous month and a significant increase of 271.71% year-on-year.
From January to November 2011, the United States exported 2.392 billion US dollars of metal processing machine tools, an increase of 24.1% over the same period of 2010 of 1.927 billion US dollars; imported metal processing machine tools 4.237 billion US dollars, an increase of 78.0% over the same period of 2.38 billion US dollars. In the first 11 months, the trade deficit of US metalworking machine tools reached 1.845 billion US dollars, an increase of 307.3% over the same period last year of 453 million US dollars.
US machine tool and manufacturing technology exports both fell in November
In the US's US$190.8 million metal processing machine tool in November, the export of metal cutting machine tools was US$104.2 million, down 19.9% ​​from the previous month; the export of metal forming machine tools was US$86.6 million, down 9.7% from the previous month; from January to November, the US exported metals. Cutting machine tools were US$1.542 billion, up 23.2% year-on-year; metal forming machine tools were US$850 million, up 25.8% year-on-year.
In November, US CNC machine tools exported US$75 million, down 11.4% from the previous month; other manufacturing technologies exported US$876 million, down 8.7% from the previous month. From January to November, the export of CNC machine tools was US$997 million, up 17.3% year-on-year; the export of other manufacturing technologies was US$9.423 billion, up 19.1% year-on-year.
Metal cutting machine tools accounted for 84.9% of the total imports of metalworking machine tools
In November, the United States imported 493 million US dollars of metal processing machine tools, including imported metal cutting machine tools of 419 million US dollars, down 1.0% from the previous month; imported metal forming machine tools 74.3 million US dollars, down 30.2%. Metal cutting machine tools accounted for 84.9% of the total imports of machine tools. From January to November, the United States imported 4.237 billion US dollars of metal processing machine tools, of which metal cutting machine tools were 3.436 billion US dollars, an increase of 85.9%; metal forming machine tools 802 million US dollars, an increase of 50.7%.
In November, the United States imported 380 million US dollars of CNC machine tools, down 3.6% from the previous month; imported other manufacturing technology was 1.129 billion US dollars, an increase of 6.2%. From January to November, the United States imported CNC machine tools of 3.029 billion US dollars, an increase of 96.6%; imported other manufacturing technology of 11.589 billion US dollars, an increase of 27.2%.
Increased import demand for CNC machine tools
From the trade deficit, in the metal cutting machine tools, metal forming machine tools and CNC machine tools, the United States has the greatest demand for imported CNC machine tools. In November, the metal cutting machine tool, which is the largest in metal processing machine tools, achieved a trade deficit of 314 million US dollars. The January-November deficit was 1.894 billion US dollars, up 217.3% year-on-year; while CNC machine tools achieved a trade deficit of 305 million US dollars in November, January-November. The deficit was US$2.033 billion, a year-on-year increase of 194.1%.
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