In 2023, Germany led global exports in measuring or checking equipment parts and accessories, followed by the US and China. Countries like the Philippines and Portugal showed robust growth, with notable increases of over 10%. Estonia experienced the most significant growth, while countries including Malta and Bulgaria saw declines. Over a five-year period, the sector has seen variable growth, with the demand for precision equipment driving market expansion.
Future trends suggest increasing demand for smart and IoT-enabled measurement devices, with Asia poised for significant growth due to rising technological adoption. Sustainable practices and innovations may influence future export dynamics.
Top countries in Export of Parts and Access for Measuring or Checking Equipment by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,569,000,000 | 2023 | +2.62% | +2.39% | View data |
| 2 | 2 United States | 1,182,100,000 | 2023 | +1.86% | +1.52% | View data |
| 3 | 3 China | 990,700,000 | 2023 | +4.56% | +4.29% | View data |
| 4 | 4 Japan | 855,730,000 | 2023 | +2.76% | +2.08% | View data |
| 5 | 5 United Kingdom | 552,660,000 | 2023 | +1.76% | +1.76% | View data |
| 6 | 6 South Korea | 551,550,000 | 2023 | +4.47% | +4.3% | View data |
| 7 | 7 Netherlands | 289,180,000 | 2023 | +3.47% | +3.82% | View data |
| 8 | 8 Ireland | 274,760,000 | 2023 | +3.8% | +3.87% | View data |
| 9 | 9 Singapore | 271,020,000 | 2023 | +2.12% | +1.82% | View data |
| 10 | 10 Malaysia | 269,470,000 | 2023 | +1.88% | +2.16% | View data |
