The global export market for machines used in public works and building shows Germany as the leader in 2023, with significant exports compared to others like the United States and China. With Germany experiencing a modest growth of 2.43% and China growing by 3.02%, these countries maintain strength. Countries like Japan and Denmark showed notable growth rates of 5.08% and 3.9%, respectively. However, some countries experienced declines, with the UK and France dropping by 2.01% and 9.75%. Remarkable growth was noted in Armenia's exports with an over 900% increase.
Future trends to watch in this sector include potential shifts as countries adapt to technological advancements and environmental regulations, impacting market dynamics and increasing focus on infrastructure revitalization and sustainable construction practices across various regions.
Top countries in Export of Machines for Public Works, Building by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,827,400,000 | 2023 | +2.71% | +2.43% | View data |
| 2 | 2 United States | 309,330,000 | 2023 | +0.41% | -0.013% | View data |
| 3 | 3 China | 278,580,000 | 2023 | +4.18% | +3.02% | View data |
| 4 | 4 Italy | 210,940,000 | 2023 | +0.73% | +0.34% | View data |
| 5 | 5 Netherlands | 100,670,000 | 2023 | +2.74% | +1.88% | View data |
| 6 | 6 Denmark | 61,276,000 | 2023 | +3.03% | +3.9% | View data |
| 7 | 7 United Kingdom | 53,867,000 | 2023 | -2.62% | -2.01% | View data |
| 8 | 8 Japan | 51,468,000 | 2023 | +3.1% | +5.08% | View data |
| 9 | 9 Sweden | 48,857,000 | 2023 | +3.48% | +0.7% | View data |
| 10 | 10 Finland | 45,267,000 | 2023 | +3.19% | +1.15% | View data |
