In 2023, China dominated the global export of electrical multimeters, holding a significant 95.29% share. The United States and Belarus followed, albeit with much smaller shares of 2.17% and 1.19%, respectively. Notable growth was observed in Uganda (124.48%), Chile (27.73%), and the Philippines (37.64%). Conversely, Malaysia, Peru, and Brunei experienced declines of -18.87%, -4.03%, and -33.04%, respectively.
Looking ahead, attention should focus on potential shifts in the dominance of Chinese exports. Emerging countries with high growth rates, such as Uganda and the Philippines, could become significant players if trends continue. Additionally, technological advancements and trade policies could influence future market dynamics. The global trade environment's evolution will be key to understanding these exports’ distribution.
Top countries in Export of Electrical Multimeters Share by Country (Units)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 95.29 | 2023 | +2.08% | +2.32% | View data |
| 2 | 2 United States | 2.17 | 2023 | +0.6% | +0.42% | View data |
| 3 | 3 Belarus | 1.19 | 2023 | +6.39% | +3.35% | View data |
| 4 | 4 Singapore | 0.82 | 2023 | +3.07% | +0.79% | View data |
| 5 | 5 Mexico | 0.44 | 2023 | +2.86% | +3.55% | View data |
| 6 | 6 Russia | 0.25 | 2023 | -0.67% | -2.96% | View data |
| 7 | 7 Thailand | 0.23 | 2023 | +2.71% | +2.33% | View data |
| 8 | 8 India | 0.18 | 2023 | +4.76% | +4.58% | View data |
| 9 | 9 Bahrain | 0.074 | 2023 | +5.79% | +7.07% | View data |
| 10 | 10 Philippines | 0.027 | 2023 | +4.88% | +37.64% | View data |
