This thesis looks out for the korean trade present condition of the korean machinery industry through time series data, analyze the problem about machinery industry by deepening the trade imbalance between JAPANESE and KOEA (The trabe balance of payment about machinery between JAPANESE and KOREA, US＄7,750,000,000 in 1992, us＄8,450,000 in 1993,US＄9,500,000,000 in 1994 forecast), have shown a reform measure of the balance of payment with indicate the importance of rearing the machinery industry.