Africa is China’s fastest-growing export market and North America is the slowest. China’s exports to Africa are destined to eclipse those to North America.
ANDAMAN PARTNERS presents a snapshot of global trade in coal, natural gas, crude oil and refined petroleum products in 2024.
China’s concentration of production, processing and exports has created structural dependencies with wide-ranging effects on critical industries.
What China buys and where it buys it have reshaped supply chains, commodity flows and trade balances worldwide.
China and the U.S. account for 36% of the world’s oil refining capacity, and only five economies control half of the world’s capacity.
China’s Five-Year Plans steered economic development from investment- and export-led expansion toward more balanced, high-quality growth.
