The World’s Most Dynamic Export Economies
Vietnam, Ireland and the UAE led export growth among large economies, while Djibouti, Guyana and Armenia stood out among smaller exporters.
Vietnam, Ireland and the UAE led export growth among large economies, while Djibouti, Guyana and Armenia stood out among smaller exporters.
China dominates steel production, accounting for 53% of global output and nearly 1 in 5 dollars of steel exports in 2024.
China alone accounts for a fifth of global crude oil imports while supply remains concentrated in a handful of exporters.
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.
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.
Asia’s share of global imports is dominant across key industrial commodities, with China driving regional demand and shaping global supply chains.
China is the world’s largest consumer of energy and runs large trade deficits for primary fuels, especially crude oil and petroleum gases.