Why China Remains Central to Global Supply Chains: Manufacturing Value Added (1994-2024)
While manufacturing has declined steadily in the U.S., EU, Japan and Germany, China has sustained a uniquely high manufacturing share.
While manufacturing has declined steadily in the U.S., EU, Japan and Germany, China has sustained a uniquely high manufacturing share.
India’s trade deficit widened to a record USD 41.7 billion in October 2025, driven by a sharp jump in gold imports to USD 14.7 billion.
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.
From energy and pharma to engineering and IT, India has emerged as a top-tier trading nation with a diverse export basket and global reach.
From being the world’s 13th-largest economy in 2000, India’s GDP was the world’s fifth-largest in 2024, and is projected to be the third-largest by 2029.
The implications of India’s rise will be substantial and complex, and global businesses must take note of opportunities to leverage the unfolding Indian Century.
BRICS exports have advanced to current near parity with G7 exports, pointing to a momentous rebalancing of global trade with far-reaching implications.
The world’s largest population and the fourth-largest economy at USD 3.9 trillion, surpassing Japan in 2024.