The valued added by the manufacturing sector to GDP varies significantly across different countries worldwide. In 2023, the manufacturing sector in China added nearly 4.8 trillion U.S. dollars to the country's GDP, while this value in the United States amounted to 2.8 trillion U.S. dollars in the same year.
In 2021, China, Germany, and Japan were the powerhouses of machine tool industry worldwide. That year, China accounted for 31 percent of the world's machine tool production, while Germany and Japan each accounted for 13 percent.
Machine tool production by country In 2020, China topped the ranking of the largest machine tool producing countries worldwide. With machine tool production to the value of about 21.8 billion euros, China's market share increased to 31 percent from 29 the year before. China, Germany, and Japan were the three leading machine tool manufacturers globally, while the United States (6.3 billion euros) and Italy (5.7 billion euros) accounted for nine and eight percent of global machine tool production respectively.
Leading machine tool manufacturers The world’s biggest machine tool manufacturing companies include China’s Shenyang, Germany’s Trumpf, and Germany-based DMG Mori Seiki . Overall, Asian countries accounted for over 50 percent of global machine tool production. The leading Asian machine tool producing countries include China, Japan, South Korea, Taiwan, and India.
China led the market for motor vehicle production in 2023, producing more than 30 million cars and commercial vehicles that year. This was even greater than the production values of the other top five countries combined. In comparison, vehicle production in the United States—the second-ranking country—amounted to approximately 10.6 million units, the majority of which were commercial vehicles.
The Worldwide Drop in Automotive Production The Covid-19 pandemic has caused many problems for the worldwide automotive sector. Since governments took rapid actions to slow down the spread of the virus—such as national lockdowns, large-scale social distancing, and stringent border controls—global motor vehicle production shrunk by 15 percent in 2020. Motor vehicle production declined in all regions, especially in Europe and Noth America, where the production value experienced a decrease of around 21 percent. Although, in 2022, the automotive industry was showing signs of recovery, the production volume of 2022 was still below the levels of the pre-pandemic years.
The Chinese Market Amid the COVID-19 Pandemic
China is a leading player in the global vehicle manufacturing industry, both in supply and demand. As of 2019, motor vehicle production in China accounted for nearly 29 percent of manufacturing operations worldwide. This figure reduced to 25 percent during 2020 when the COVID-19 pandemic disrupted the global supply chain and most industries. On a closer look, China's leading motor vehicle producer SAIC-General Motors slimmed down production numbers by 13 percent year-on-year. Meanwhile, another joint venture between SAIC and Volkswagen manufactured approximately 22.4 percent fewer cars than the previous year.
In 2022, China's share increased again and reached almost 32 percent of the global production.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Explore China's dominance in the global steel industry, driven by vast resources, advanced technology, and strategic initiatives. Learn about the environmental challenges and regulations shaping the future of steel manufacturing in the country.
Attribution-NonCommercial 4.0 (CC BY-NC 4.0)https://creativecommons.org/licenses/by-nc/4.0/
License information was derived automatically
France Beverages Manufacturing Production Value rose 9.4% in 2019, compared to the previous year.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
This dataset provides values for MANUFACTURING PMI reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
China produced 82.2 million metric tons of paperboard and packaging paper in 2023, making it the top producer worldwide. The United States was the second-largest producing country, with an output of nearly 46 million metric tons. In previous decades the U.S. was the leading paperboard and packaging paper producer, but in 2008 production in China surpassed that of the U.S. and has remained above it since.
Attribution-NonCommercial 4.0 (CC BY-NC 4.0)https://creativecommons.org/licenses/by-nc/4.0/
License information was derived automatically
Global Buses and Coaches Production by Country, 2023 Discover more data with ReportLinker!
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
This dataset provides values for NON MANUFACTURING PMI reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
The average for 2022 based on 138 countries was 21021.81 million U.S. dollars. The highest value was in China: 769699.28 million U.S. dollars and the lowest value was in Antigua and Barbuda: 0 million U.S. dollars. The indicator is available from 2007 to 2022. Below is a chart for all countries where data are available.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Explore the top import markets for plastic support products in the world. Discover the key countries driving the global demand for these essential components.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Explore the world's best import markets for blow-moulding machines and discover the top countries by import value. Learn about the key players in the global market for blow-moulding machines.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
China Export: HT: Computer Integrated Manufacturing data was reported at 3.669 USD bn in Dec 2024. This records an increase from the previous number of 3.244 USD bn for Nov 2024. China Export: HT: Computer Integrated Manufacturing data is updated monthly, averaging 804.807 USD mn from Jan 2000 (Median) to Dec 2024, with 300 observations. The data reached an all-time high of 3.669 USD bn in Dec 2024 and a record low of 26.359 USD mn in Feb 2000. China Export: HT: Computer Integrated Manufacturing data remains active status in CEIC and is reported by General Administration of Customs. The data is categorized under Global Database’s China – Table CN.JA: USD: Export by Major Commodity: Value.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Explore the top import markets for glass fibre fabrics based on import values in 2023. Discover key countries driving the global demand for these versatile materials.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
This dataset provides values for ELECTRICITY PRODUCTION reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
Attribution-NonCommercial 4.0 (CC BY-NC 4.0)https://creativecommons.org/licenses/by-nc/4.0/
License information was derived automatically
Global Bromine Production by Country, 2023 Discover more data with ReportLinker!
China is currently the world's largest producer of paper and paperboard by far, with an output of more than 130 million metric tons in 2023. The second-largest producer that year was the United States. China hasn't always been the top producer of paper products. Just 40 years ago, countries such as Finland, Sweden, and Germany were producing similar quantities of paper and paperboard products as China, with Japan and the United States producing significantly more each year. By 2005, production in China had soared due to rapid economic growth, but it still had a lower production output than the United States. China's production has almost doubled since then, while production in the U.S. has fallen by nearly 20 percent.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Explore the top import markets for phenolic resins around the world based on data from the IndexBox market intelligence platform.
The valued added by the manufacturing sector to GDP varies significantly across different countries worldwide. In 2023, the manufacturing sector in China added nearly 4.8 trillion U.S. dollars to the country's GDP, while this value in the United States amounted to 2.8 trillion U.S. dollars in the same year.