In 2023, the Netherlands led European exports of communication equipment at a share of 15.79%, despite a decrease of 1.56% from the previous year. Germany and the United Kingdom were notable players, with Germany growing by 1.92%, contrasting with a 3.6% contraction in the UK. Countries like Spain, Belgium, and Croatia showed substantial growth, with Spain increasing by 6.62% in its export share.
Looking forward, expect continued shifts as countries adjust their production capacities and trade flows. Emerging markets in Eastern Europe like Romania and Bulgaria may see accelerated growth, influenced by digital transformation initiatives and foreign investments enhancing production capabilities.
Top countries in Export of Communication Equipment Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 15.79 | 2023 | +1.54% | -1.56% | View data |
| 2 | 2 Germany | 11.84 | 2023 | +0.66% | +1.92% | View data |
| 3 | 3 Czechia | 8.73 | 2021 | |||
| 4 | 4 United Kingdom | 8.16 | 2023 | -2.63% | -3.6% | View data |
| 5 | 5 Slovakia | 7.63 | 2023 | +2.65% | -0.62% | View data |
| 6 | 6 Spain | 7.07 | 2023 | +15.85% | +6.62% | View data |
| 7 | 7 Austria | 5.51 | 2023 | +0.11% | -3.84% | View data |
| 8 | 8 Italy | 5.34 | 2021 | +41.99% | -21.77% | View data |
| 9 | 9 France | 4.84 | 2023 | +4.27% | -0.34% | View data |
| 10 | 10 Ireland | 4.4 | 2023 | +13.32% | +1.81% | View data |
