In 2023, China dominated the global export of monoculars and telescopes with an export value of $6.2993 million, although experiencing a slight decline of 0.62% from the previous year. The United States showed a modest 0.11% increase, standing at $0.19616 million. Singapore and Switzerland demonstrated significant increases of 5.63% and 12.45% respectively. Conversely, Russia and Norway faced notable declines of 24.56% and 16.03%. Malaysia exhibited the most considerable growth at 39.51%, albeit from a smaller base. Other countries like Brazil and Brunei also saw minor increases, while Thailand, Moldova, Colombia, and Bahrain experienced declines.
Looking ahead, advancements in technology and increasing demand for outdoor recreational activities can drive growth in exports, especially for countries investing in innovative optical technologies. Monitoring geopolitical factors and trade policies will be crucial as they may influence export dynamics further.
Top countries in Export of Monoculars and Telescopes by Country
# | 10 Countries | Units | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 China | 6,299,300 | 2023 | +0.79% | -0.62% | View data |
2 | 2 United States | 196,160 | 2023 | -0.042% | +0.11% | View data |
3 | 3 Singapore | 17,340 | 2023 | -8.08% | +5.63% | View data |
4 | 4 Russia | 7,550 | 2023 | -37.27% | -24.56% | View data |
5 | 5 Switzerland | 5,400 | 2023 | +1.79% | +12.45% | View data |
6 | 6 Thailand | 782 | 2023 | -1.26% | -5.78% | View data |
7 | 7 Norway | 266 | 2023 | -16.35% | -16.03% | View data |
8 | 8 Malaysia | 37 | 2023 | -24.49% | +39.51% | View data |
9 | 9 Brunei | 21 | 2023 | +5% | +2.02% | View data |
10 | 10 Brazil | 19 | 2023 | +5.56% | +3.5% | View data |