China’s Capital Goods Exports Are Shifting To New Industrial Markets
Export growth is now concentrated in fast-industrialising Asia, infrastructure-heavy Middle Eastern economies and new manufacturing hubs in Eastern Europe.
Export growth is now concentrated in fast-industrialising Asia, infrastructure-heavy Middle Eastern economies and new manufacturing hubs in Eastern Europe.
The EU, USMCA and ASEAN alone account for over half of global trade, concentrating both production and demand within a narrow set of economic systems.
ASEAN has almost doubled its trade since 2010 and has strengthened ties with China and the U.S., cementing the bloc’s position as an East-West trading nexus.
ASEAN’s trade has surged to nearly USD 4 trillion in 2024 while developing a uniquely balanced structure.
As the world’s leading importer, U.S. imports over nearly four decades have reflected the evolving patterns of global trade.
The 11 ASEAN economies are integrated into a diverse bloc in Southeast Asia, a region that is now the world’s leading conduit between East and West.