In 2023, Germany continued to lead global exports of electrical signalling and traffic control equipment, closely followed by Italy, China, and Spain. Notable performers included Brazil with a significant year-on-year increase of 27.42%, and Morocco with a 56.98% surge. Conversely, notable declines were seen in Switzerland and Lithuania. Over the last five years, growth varied across countries, with Poland showcasing strong sustained growth, whereas others like France and Canada experienced declines.
Looking ahead, countries with growing technological advancements and strategic investments, like China and India, could increase their market share. Additionally, emerging markets in Latin America and Africa may present new opportunities due to infrastructure development projects.
Top countries in Export of Electrical Signalling and Traffic Control Equipment by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 351,060,000 | 2023 | +0.57% | +0.79% | View data |
| 2 | 2 Italy | 328,930,000 | 2023 | +3.1% | +3.08% | View data |
| 3 | 3 China | 276,420,000 | 2023 | +3.65% | +5.7% | View data |
| 4 | 4 Spain | 244,590,000 | 2023 | +3.87% | +3.71% | View data |
| 5 | 5 Austria | 226,980,000 | 2023 | +1.8% | +1.6% | View data |
| 6 | 6 United States | 182,180,000 | 2023 | -1.04% | -0.78% | View data |
| 7 | 7 Mexico | 131,060,000 | 2023 | +1.79% | +1.63% | View data |
| 8 | 8 Belgium | 103,720,000 | 2023 | +2.76% | +1.89% | View data |
| 9 | 9 United Kingdom | 99,990,000 | 2023 | +0.68% | +0.56% | View data |
| 10 | 10 Netherlands | 89,286,000 | 2023 | +2.78% | +2.45% | View data |
