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.
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.
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.