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Trade conflicts, bureaucracy and rising costs are slowing down the mechanical engineering sector. Production will fall by 5 percent in 2025. VDMA President Kawlath calls for an "autumn of action".
The EU is finally making progress on the Mercosur agreement. The decision to treat the trade part separately is particularly helpful. Now it is up to the EU Council and Parliament.
The USA is much more than just a major sales market for industry in Europe. The change in trade policy under Donald Trump is hitting companies all the harder. Europe must now show unity and strength - in every respect.
The mechanical engineering industry in Brazil will benefit from the simplification of certificates of origin through self-certification in Mercosur.
The EU is aiming to conclude a free trade agreement with India this year. It would be an important step towards improving the competitive position of industry, also with regard to China.
Overview of the VDMA's foreign trade policy activities in 2024 - a review of the year
The USA is an important market for the German mechanical engineering industry. Despite protectionist tendencies, the dynamic remains positive; with the potential of headwinds. The VDMA calls for close EU-US relations and rejects tariffs.
The EU Commission has published the Combined Nomenclature (commodity codes) for the year 2025. There are only a few changes for mechanical engineering.
The EU-Mercosur agreement must now become a reality as quickly as possible. It is an important signal against isolationism and must not be called into question again in the EU Council of Ministers and the European Parliament.
The EU's free trade agreement with Mercosur must finally be signed at the summit in Uruguay. This could save the EU alone 4 billion euros a year in customs duties.
VDMA met with MEPs to promote free trade. VDMA emphasized the importance of Free Trade Agreements for our industry.
India is an important growth market for the European mechanical engineering industry. At the same time, India is one of the last high-duty countries in the mechanical engineering sector. A free trade agreement is therefore urgently needed.
VDMA Foreign Trade supports and accompanies member companies in expanding foreign sales into future markets with potential.
The EU and Mexico reached on 17 January 2025 a new agreement on the trade pillar, which is part of the Global Agreement between the EU and Mexico. This was necessary after Mexico changed its energy framework.
The VDMA Foreign Trade team supports VDMA member companies in the internationalization of mechanical and plant engineering. We provide you with practical support in all matters relating to foreign business.