TOP MARKETS FOR MACHINERY 2003-2004

Top Markets for Machinery highlights outstanding markets for U.S.-made machinery products, ranked by potential gain in export sales over the next two years. For each of 12 key machinery sectors, 10 countries were identified as having the strongest market potential for U.S. products in 2003-2004.

The Office of Machinery initially identified the top markets for each key machinery sector, mainly from Census Bureau trade statistics as well as overseas market reports produced by the U.S. and Foreign Commercial Service. Further analysis on each selection was then conducted using a common set of market factors, which gauge both potential demand for the individual product sectors and expected overall economic growth of the countries.

Market factors include measures of the size and projected growth of the total market, imports, and U.S. exports, as well as judgements on local and third-country competition.