ASEAN’s Expanding Export Base, Driven by Electronics and Resources
Exports have doubled over the past decade as electronics manufacturing hubs and resource-exporting economies drive ASEAN’s trade expansion.
India Remains Heavily Dependent on Imported Energy, Electronics and Industrial Inputs
Energy, electronics and industrial inputs continue to dominate India's imports, highlighting persistent external dependence.
Türkiye Is Emerging as Europe’s Nearshoring Anchor for Industrial Production
Manufacturing scale, strong export growth and deepening services trade are repositioning Türkiye as a cost-competitive supply base for Europe.
Indonesia’s Economy Is Diversifying as Industrial Value Chains Expand
Steady growth, strong domestic demand and rising FDI are shifting Indonesia from a commodity-led model toward downstream industrialisation.
South Asia’s Expanding Industrial Base, Anchored by India
India provides the region's industrial scale and Bangladesh is driving the fastest export-led expansion.
China’s Investment Engine Moderates as Private and Property Activity Weakens
Fixed asset investment has continued to expand steadily, but growth has slowed in recent years, with the sharpest declines in real estate and construction.
India’s Manufacturing Output Reaches Record Highs as Services Continue to Dominate Growth
Manufacturing is expanding steadily in absolute terms, but India’s growth model remains firmly services-led.
The Philippines: Scale, Stability and Demographic Tailwinds in ASEAN
The Philippines is ASEAN’s most domestically anchored growth platform, combining demographic depth with diversified external exposure.
Malaysia: ASEAN’s Most Balanced Upper-Middle Income Growth Platform
Diversified global trade exposure, strong manufacturing intensity and rising FDI underpin resilient growth with lower volatility than many regional peers.
China’s Industrial Cycle in 2025: Output Steady, Margins Recovering Despite Muted Sentiment
While PMI remained cautious and marginally contractionary, steady export demand and resilient output kept manufacturing on a modest but stable growth path.