Key Market Indicators
In 2018, Antiguan ranked number 122 in this ranking. China, Germany and Mexico respectively were numbers 1, 2 and 3 in this ranking. Antiguan imports of transformers are expected to reach $2.7 million by 2026, growing at a rate of 2.2% a year. This is an increase from $2.3 million in 2021. The country's demand for these items has grown by 4.3% year on year since 2005, placing it 133rd in the 2021 rankings. Togo came ahead at $2.3 million. China, Germany and Mexico ranked the top three spots respectively. In contrast, Antiguan exports of transformers fell by a staggering 96.2% to $118,490 in 2017, down from $4.5 million in 2018. Since 2005, the country's exports in this area have decreased by 46% year on year. In 2018, Antiguan ranked 122nd in the world rankings. China, Germany and Mexico were the top three exporters.
