The Chinese electronics market is by far the largest in the world. Between 2010 and 2020, the Chinese electronics market volume more than doubled from EUR 790 billion to (preliminary) EUR 1,898 billion. China's share of the global electronics market has risen from 25.9% to 41.2% over the same period. China's share of global electrical production is even higher, at 50.8% for a volume of 2,337 billion euros. The People's Republic of China has become the largest export customer for the German electrical industry. In 2021, electrical and electronic products worth 25.1 billion euros were shipped to China. The current ZVEI Foreign Trade Report China provides a good overview.​​​