Asia Dominates China’s Trade; Fastest Growth in Africa and Latin America
Asia accounts for over half of China’s trade, but growth momentum is shifting toward developing regions, especially Africa and Latin America.
Asia accounts for over half of China’s trade, but growth momentum is shifting toward developing regions, especially Africa and Latin America.
With commodity exports down from 2021, faster growth in machinery, electronics and transport imports has narrowed Australia’s trade surplus.
The Philippines is ASEAN’s most domestically anchored growth platform, combining demographic depth with diversified external exposure.
Exports remain anchored in machinery and higher-value manufacturing, while trade flows have reoriented toward Asia and diversification partners.
Diversified global trade exposure, strong manufacturing intensity and rising FDI underpin resilient growth with lower volatility than many regional peers.
While PMI remained cautious and marginally contractionary, steady export demand and resilient output kept manufacturing on a modest but stable growth path.
Primary commodities accounted for 69% of export earnings in 2025, anchoring Brazil’s global relevance in food, energy, and metals.
China’s 2025 expansion reflects steady export growth and a return to mid-single-digit overall trade momentum.
Machinery, electronics and vehicles dominate China’s Latin America export basket, driven by Mexico and Brazil.
Exports have stagnated over the past decade, while imports have risen steadily, reinforcing MENA’s demand-led growth story.