The United States leads in exporting parts of equipment for measuring or checking fluid variables, followed by Germany and China. While the U.S. saw a slight dip of 0.2% year-on-year, China experienced a gain of 2.42%. Notable increases occurred in smaller markets such as Denmark and Thailand, with growth rates of 6.12% and 11.02%, respectively. Italy and the United Kingdom show robust growth at over 1.5%. In contrast, major exporters like Japan, Switzerland, and Singapore experienced declines, particularly Singapore with an 8.06% drop.
For future trends, monitoring the technological advancements and growing industrial automation will be crucial as these factors are key drivers of demand for measurement and checking equipment, potentially shifting export shares towards countries investing heavily in these areas.
Top countries in Export of Parts of Equipment To Measure or Check Fluid Variable Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 16.12 | 2023 | -0.26% | -0.2% | View data |
| 2 | 2 Germany | 15.54 | 2023 | +1.98% | +1.41% | View data |
| 3 | 3 China | 10.8 | 2023 | +2.01% | +2.42% | View data |
| 4 | 4 Japan | 9.52 | 2023 | +1.22% | -1.87% | View data |
| 5 | 5 Switzerland | 7.16 | 2023 | +1.65% | -0.91% | View data |
| 6 | 6 United Kingdom | 5.95 | 2023 | +3.1% | +2.56% | View data |
| 7 | 7 Italy | 4.18 | 2023 | +2.37% | +1.98% | View data |
| 8 | 8 Mexico | 4.08 | 2023 | +1.48% | +1.65% | View data |
| 9 | 9 France | 4.04 | 2023 | +0.94% | +0.8% | View data |
| 10 | 10 Netherlands | 2.85 | 2023 | +1.33% | +1.35% | View data |
