The global export market for weighing machinery (30-5000 kg) in 2023 is dominated by China, the United States, and Germany, with China leading the pack. The top five countries, which also include Mexico and the Netherlands, account for a significant portion of the export share. Countries like Japan and Italy have moderate contributions, while numerous smaller economies have minimal shares.
Noteworthy trends from 2023 show growth in several markets, with Uruguay and Kuwait experiencing the highest growth rates. On the flip side, certain countries like the United Kingdom and Norway have seen significant declines. Overall, the past five years have witnessed varied growth, with a general positive trajectory in major exporting countries.
Future trends to watch include the continued dominance of leading exporters such as China and the United States. Additionally, emerging markets, particularly in Asia and Latin America, may see increased participation in exports, influencing global market dynamics. Technological advancements and trade policies will also play key roles in shaping the future landscape.
Top countries in Export of Weighing Machinery Having a Capacity of 30-5000 Kg Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 24.03 | 2023 | +3.37% | +4.03% | View data |
| 2 | 2 United States | 21.23 | 2023 | +3.98% | +3.3% | View data |
| 3 | 3 Germany | 14.22 | 2023 | +2.96% | +2.71% | View data |
| 4 | 4 Mexico | 12.49 | 2023 | +3.2% | +3.29% | View data |
| 5 | 5 Netherlands | 12.23 | 2023 | +5.09% | +4.74% | View data |
| 6 | 6 Japan | 2.56 | 2023 | +4.91% | +5.94% | View data |
| 7 | 7 Italy | 2 | 2023 | +4.05% | +2.73% | View data |
| 8 | 8 Spain | 1.1 | 2023 | -0.77% | -0.59% | View data |
| 9 | 9 South Korea | 0.67 | 2023 | -0.56% | -0.47% | View data |
| 10 | 10 New Zealand | 0.66 | 2023 | -1.48% | -0.025% | View data |
