Top
Producing Countries:
Japanese production tumbles one-third in 2002, falling behind Germany,
whose loss is smaller. The U.S. also drops one-third, while a gaining
China moves ahead.
Total
World Output: Top 29 countries produce $31.1-billion in 2002.
That’s 14% below the value those same nations created in 2001.
Biggest Consumer: Peoples Republic of China is the biggest
market, out-buying Germany by a difference of $880-million, or about
all of what Canada buys.
Aggressive Exporters: Most countries’ exports fall, and Japan’s
drops more sharply than Germany.
Importers: China’s appetite as biggest consumer also makes
her number-one importer.
Best
Machine-Tool Trade Balance: Japan holds onto reputation as
having most favorable balance of trade in machine tools.
|
