MENA’s Trade Growth Is Now Being Driven by Imports, Not Exports
Exports have stagnated over the past decade, while imports have risen steadily, reinforcing MENA’s demand-led growth story.
Exports have stagnated over the past decade, while imports have risen steadily, reinforcing MENA’s demand-led growth story.
India’s momentum is anchored in broad-based household demand, supported by urbanisation, middle-class expansion and consumer import intensity.
China’s exports reoriented away from the U.S. toward Asia and emerging markets, while U.S. imports re-anchored toward Mexico, Europe and Asia.
China’s surplus accumulation since 2018 has re-anchored toward Asia and Europe, while the North American balance has weakened.
The top ten exporters and importers of automotive products reveal a highly concentrated global trade system.
Europe accounts for half of global chemical exports and more than a third of imports, but over the past two decades, structural change has lifted China and the U.S.
Since 1948, global merchandise trade has shifted decisively away from the Atlantic economies toward Asia.
Electric and hybrid vehicles are driving China’s export growth, accelerating overseas market penetration and compressing the response time available to legacy auto exporters.
Comparing total reserve buffers with import dependence reveals sharp differences in trade resilience among major economies.
Bulk mineral imports stabilised at elevated monthly values in 2024-2025, while non-bulk imports trended higher in aggregate.