In 2023, China dominated the global export landscape for parts of machines for working rubber or plastic, commanding over half of the market share in kilograms. Germany, Italy, and Slovakia followed, making up the next top contributors. Notable variations were recorded, where Hungary and India experienced substantial growth, while Switzerland and the United Arab Emirates saw downturns. Several smaller exporters, such as Uganda and Montenegro, recorded the most significant percentage increases, though from a much smaller base.
Looking towards the future, continued growth is expected from emerging economies like China and India, as they expand manufacturing capabilities. Continued technological advancements and international trade agreements could shift export dynamics, prompting some European nations to diversify their manufacturing strategies to maintain or boost their market presence.
Top countries in Export of Parts of Machines for Working Rubber or Plastic Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 54.03 | 2023 | +3.43% | +3.5% | View data |
| 2 | 2 Germany | 9.66 | 2023 | +1.61% | +1.88% | View data |
| 3 | 3 Italy | 4.9 | 2023 | +1.51% | +2.99% | View data |
| 4 | 4 Slovakia | 3.68 | 2023 | +3.92% | +4.77% | View data |
| 5 | 5 Austria | 3.15 | 2023 | +1.43% | +1.1% | View data |
| 6 | 6 South Korea | 2.9 | 2023 | +2.47% | +3.06% | View data |
| 7 | 7 Czech Republic | 2.5 | 2023 | +0.97% | +0.33% | View data |
| 8 | 8 Japan | 2.32 | 2023 | +1.19% | +1.8% | View data |
| 9 | 9 France | 1.68 | 2023 | -1.15% | -0.21% | View data |
| 10 | 10 Hungary | 1.57 | 2023 | +4.31% | +5.53% | View data |
