China Dominates Global Steel Production and Is the Leading Exporter
China dominates steel production, accounting for 53% of global output and nearly 1 in 5 dollars of steel exports in 2024.
China dominates steel production, accounting for 53% of global output and nearly 1 in 5 dollars of steel exports in 2024.
India’s imports have grown prodigiously since 2000, reflecting the transformation of the country’s economy.
China alone accounts for a fifth of global crude oil imports while supply remains concentrated in a handful of exporters.
ANDAMAN PARTNERS presents a snapshot of global trade in coal, natural gas, crude oil and refined petroleum products in 2024.
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.
Asia’s share of global imports is dominant across key industrial commodities, with China driving regional demand and shaping global supply chains.
ANDAMAN PARTNERS maps the global metals trade, where a handful of countries dominate and China sits at the centre.
China is the world’s largest consumer of energy and runs large trade deficits for primary fuels, especially crude oil and petroleum gases.