Which Country Exports the Most Machinery, Parts and Accessories in the World?

In 2016, the amount of machinery, parts and accessories exported worldwide totaled X tonnes, approximately reflecting the previous year level. In general, machinery, parts and accessories exports continue to indicate a deep decline. The most prominent rate of growth was recorded in 2010, when it surged by X% y-o-y. Over the period under review, global machinery, parts and accessories exports attained its maximum volume of X tonnes in 2007; however, from 2008 to 2016, it stood at a somewhat lower level.

In value terms, machinery, parts and accessories exports stood at $X in 2016. Overall, machinery, parts and accessories exports continue to indicate a noticeable contraction. Over the period under review, global machinery, parts and accessories exports reached its maximum level of $X in 2007; however, from 2008 to 2016, it stood at a somewhat lower level.

Top Machinery, Parts and Accessories Exporting Countries in the World

X. China (X billion USD)

X. China, Hong Kong SAR (X billion USD)

X. Netherlands (X billion USD)

X. Thailand (X billion USD)

X. Malaysia (X billion USD)

X. Germany (X billion USD)

X. Philippines (X billion USD)

Machinery, Parts and Accessories Exports By Country

China (X tonnes) represented the key exporter of machinery, parts and accessories in the world, resulting at X tonnes, which was near X% of total exports in 2016. The Philippines (X tonnes) held the second position in the ranking, followed by China, Hong Kong SAR (X tonnes), and Malaysia (X tonnes). All these countries together held near X% share of total exports. The following exporters - Thailand (X tonnes), Germany (X tonnes), and the Netherlands (X tonnes) held approx. X% of total exports, each.

Exports from China decreased at an average annual rate of -X% from 2007 to 2016. At the same time, the Philippines (+X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest growing importer/exporter in the world, with a CAGR of +X% from 2007-2016. By contrast, Thailand (-X%), China, Hong Kong SAR (-X%), Germany (-X%), Malaysia (-X%), and the Netherlands (-X%) illustrated a downward trend over the same period. While the share of China (X%), China, Hong Kong SAR (X%), Malaysia (X%), the Netherlands (X%), and Germany (X%) increased significantly, the share of the Philippines (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), China, Hong Kong SAR ($X) and the Netherlands ($X) were the countries with the highest levels of exports in 2016, with a combined X% share of global exports.

China, Hong Kong SAR (+X% per year) recorded the highest rates of growth with regard to the machinery, parts and accessories exports, among the main exporting countries, over the last X years, while the other global leaders experienced a decline in the exports figures.

Machinery, Parts and Accessories Export Prices By Country

The average machinery, parts and accessories export price stood at $X per kg in 2016, going down by -X% against the previous year. Over the last nine years it increased at an average annual rate of +X most prominent rate of growth was recorded in 2012, when it surged by X% y-o-y. Over the period under review, average machinery, parts and accessories export price attained its maximum level of $X per kg in 2015, falling back in the following year.

Export prices varied noticeably by country of destination. the country with the highest export prices was the Netherlands ($X per kg), while the Philippines ($X per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of machinery, parts and accessories export prices was attained by the Netherlands (+X% per year), while the other global leaders experienced more modest paces of growth.

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• machinery, parts and accessories market share
• machinery, parts and accessories prices
• machinery, parts and accessories industry
• machinery, parts and accessories sales
• machinery, parts and accessories import
• machinery, parts and accessories export
• machinery, parts and accessories market forecast
• machinery, parts and accessories price forecast
• key machinery, parts and accessories producers

This article was written on the product's HS-code: X.

Source: IndexBox AI Platform