Emerging Market Exporters Beyond China to Watch in 2026
Export growth in emerging markets beyond China is concentrating among a small group of mid-scale exporters outpacing global trade.
Export growth in emerging markets beyond China is concentrating among a small group of mid-scale exporters outpacing global trade.
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.
With Minerals & Fuels and Metals flowing out to Asia and manufactured goods flowing in, Australia’s trade profile is increasingly tied to China and Asian markets.
There are two distinct roles in the global minerals system: upstream exporters and downstream manufacturing hubs, whose demand for resources continues to rise.
In 2024, the top ten importers bought nearly USD 700 billion more than the top ten exporters supplied.
The EU dominates both markets, while the U.S. and Brazil remain strong exporters. China plays a larger role as an importer.
In 1995, nearly four-fifths of China’s exports went to just ten economies. By 2024, the top-ten's share was reduced to 51%.
China’s rise from 4% of world exports in 2000 to nearly 16% in 2024 reflects a two-decade structural transformation.
China’s rise from a minor exporter to the centre of global manufacturing redefined world trade flows, reshaped supply chains and forced the global economy to evolve.