Analysis of 2023 data reveals that Belgium emerged as a dominant exporter with substantial growth, leading the European scene with a significant 42.54% share. Germany and France follow, with notable shares of 25.95% and 16.39% respectively. Portugal marked impressive growth at 161.89%, while Latvia and Croatia also saw significant increases. Conversely, the UK and Spain experienced declines. Analyzing the last five years, Belgium showed a remarkable CAGR, highlighting its growing importance in the sector.
Looking forward, it's essential to monitor Belgium's continued growth trajectory, potential recovery paths for the UK's declining share, and the impact of emerging technologies such as AI and 5G on exports, which could reshuffle country shares. Further integration of Eastern European countries into global supply chains might also shift the dynamics.
Top countries in Export of Electronic Integrated Circuits Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 42.54 | 2023 | +20.18% | +359.78% | View data |
| 2 | 2 Germany | 25.95 | 2023 | +5.52% | -1.43% | View data |
| 3 | 3 France | 16.39 | 2023 | +9.02% | -2.04% | View data |
| 4 | 4 Netherlands | 7.66 | 2023 | +1.56% | +1.29% | View data |
| 5 | 5 United Kingdom | 1.97 | 2023 | -6.15% | -7.2% | View data |
| 6 | 6 Portugal | 0.84 | 2023 | +122.38% | +161.89% | View data |
| 7 | 7 Czechia | 0.57 | 2023 | |||
| 8 | 8 Spain | 0.43 | 2023 | +12.85% | -8.11% | View data |
| 9 | 9 Italy | 0.37 | 2023 | +77.78% | +37.97% | View data |
| 10 | 10 Hungary | 0.35 | 2023 | -1.7% | +1.71% | View data |
