Germany leads in global export of parts and accessories for measuring or checking equipment with 17.23% share, followed by the United States at 12.98% and China at 10.88%. Notable year-on-year export growths are seen from the Philippines (10.14%), Portugal (12.41%), and Estonia (25.34%). However, countries like Iceland (43.48%) and Barbados (57.96%) have had exceptional growth. Negative trends are notably observed in Bulgaria, Azerbaijan, and Mauritius. Germany, Japan, and the Netherlands show stable moderate growth, while Canada and Romania witness higher fluctuations due to recent substantial increases.
Looking forward, emerging markets such as Estonia and Ecuador exhibit rapid growth potential, while technological advancements in precision equipment could reshape the landscape. Countries with current downturns might face challenges but opportunities for diversification and strategic partnerships in Asia and South America could buoy trends.
Top countries in Export of Parts and Access for Measuring or Checking Equipment Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 17.23 | 2023 | +2.62% | +2.39% | View data |
| 2 | 2 United States | 12.98 | 2023 | +1.86% | +1.52% | View data |
| 3 | 3 China | 10.88 | 2023 | +4.56% | +4.29% | View data |
| 4 | 4 Japan | 9.4 | 2023 | +2.76% | +2.08% | View data |
| 5 | 5 United Kingdom | 6.07 | 2023 | +1.76% | +1.76% | View data |
| 6 | 6 South Korea | 6.06 | 2023 | +4.47% | +4.3% | View data |
| 7 | 7 Netherlands | 3.18 | 2023 | +3.47% | +3.82% | View data |
| 8 | 8 Ireland | 3.02 | 2023 | +3.8% | +3.87% | View data |
| 9 | 9 Singapore | 2.98 | 2023 | +2.12% | +1.82% | View data |
| 10 | 10 Malaysia | 2.96 | 2023 | +1.88% | +2.16% | View data |
