China’s Passenger Car Export Engine Accelerates, led by Electric Vehicles
A sharp post-2021 step-change in car exports is scaling rapidly and expanding China’s reach across developed and emerging markets.
A sharp post-2021 step-change in car exports is scaling rapidly and expanding China’s reach across developed and emerging markets.
Surplus economies expanded export capacity, while deficit economies absorbed more goods despite selective adjustments across mid-tier markets.
Merchandise trade reaches USD 26 trillion in 2025, while the top 20 exporters account for 70% of global exports.
New project starts have declined sharply since 2021 as real estate investment weakens, while completions continue to support overall construction activity.
Machinery dominated exports and imports, reflecting China’s role across the electronics value chain; gold and high-value inputs drove import swings.
China dominates shipbuilding and fleet value while ranking among the world’s largest fleet owners by capacity and scale.
E-commerce growth is global, but scale is overwhelmingly concentrated in China.
Asia's scale, speed and integration are no longer concentrated in a single core, but spread across multiple, complementary engines.
Even as global ship orders declined in 2025, early-2026 data shows a rapid rebound, with China securing the vast majority of new contracts.
Diverging energy import dependence across Asia is enabling more targeted investment across the region.