Country Profile – India
Country with the largest population and fourth-largest economy at USD 3.6 trillion (2023); major minerals, fuels & chemicals exporter.
Country with the largest population and fourth-largest economy at USD 3.6 trillion (2023); major minerals, fuels & chemicals exporter.
The world’s second-largest economy at USD 17.6 trillion (2023) and largest exporter, especially electronics and machinery.
The world’s ninth-largest economy at USD 2.3 billion (2023); major agricultural goods and minerals exporter.
Now is the time to form a comprehensive view of China’s role in the resources sector and to become more — not less — strategically engaged.
Global exports are concentrated in a few major economies but developing countries have made great strides in their export performance. This creates opportunities for astute global supply chain managers.
Foreign-invested enterprises played a key role in making China the world’s largest exporter, but since 2007, China’s trade has shifted precipitously to self-reliance.
In recent years there has been a direct correlation between population and economic growth.
China is for several years already the world’s leading producer of cars, and it looks set to soon become the world’s leading exporter of cars as well.
In Europe, most trade is intra-regional, while Asia and North America have a balanced distribution of internal and external trade.
The global economy is undergoing a gradual but inexorable shift from developed to emerging economies.