Key Market Indicators
China's exports of electrical equipment are set to reach $843 billion by 2026, up from $725 billion in 2021. This growth is an average of 2.5% year-on-year since 1997. South Korea, the United States, and Germany were the next biggest suppliers of electrical equipment in the rankings. Imports of electrical equipment are also forecast to reach $655 billion in 2026, up from $563 billion in 2021. This growth is an average of 2.5% year-on-year since 1997. The United States, Germany, and Singapore were the next biggest importers of electrical equipment in the rankings.