The Next Wave of Global Industrial Export Growth Is Consolidating in Key Emerging Markets
Industrial export growth is concentrated in emerging-market hubs supplying the U.S., EU and China, led by Mexico and Taiwan (China).
Industrial export growth is concentrated in emerging-market hubs supplying the U.S., EU and China, led by Mexico and Taiwan (China).
Mexico, Vietnam, Thailand and India anchor export volumes to China, the EU and the U.S., while India stands out for the fastest growth.
Manufacturing growth shifted toward lower-cost, mid-scale economies, but only a small group has combined sustained expansion with rising industrial weight.
Export growth in emerging markets beyond China is concentrating among a small group of mid-scale exporters outpacing global trade.
As the world’s leading importer, U.S. imports over nearly four decades have reflected the evolving patterns of global trade.
With booming exports and investment flowing into a flourishing manufacturing sector, Mexico has become a gateway to North America.
Mexico has a GDP of USD 1.9 trillion (2024) with real GDP growth of 1.5%.