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.
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<li>U.S. manufacturing output for 2020 was <strong>2.239 trillion US dollars</strong>, a <strong>5.32% decline</strong> from 2019.</li>
<li>U.S. manufacturing output for 2019 was <strong>2.364 trillion US dollars</strong>, a <strong>1.47% increase</strong> from 2018.</li>
<li>U.S. manufacturing output for 2018 was <strong>2.330 trillion US dollars</strong>, a <strong>6.26% increase</strong> from 2017.</li>
</ul>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.
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The average for 2023 based on 37 countries was 13.84 percent. The highest value was in Cambodia: 26.33 percent and the lowest value was in Macao: 0.76 percent. The indicator is available from 1960 to 2023. Below is a chart for all countries where data are available.
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<li>China manufacturing output for 2022 was <strong>4.840 trillion US dollars</strong>, a <strong>1.41% decline</strong> from 2021.</li>
<li>China manufacturing output for 2021 was <strong>4.909 trillion US dollars</strong>, a <strong>27.15% increase</strong> from 2020.</li>
<li>China manufacturing output for 2020 was <strong>3.861 trillion US dollars</strong>, a <strong>0.97% increase</strong> from 2019.</li>
</ul>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.
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The U.S. manufacturing sector remains a global powerhouse, shaping countless products we rely on every day. From towering skyscrapers to intricate medical devices, American manufacturers drive innovation and economic growth. According to the National Association of Manufacturers, manufacturers in the United States perform more than three-quarters of all private-sector research and development (R&D) in the nation, driving more innovation than any other sector.
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.
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The U.S. manufacturing sector plays a central role in the economy, accounting for 20% of U.S. capital investment, 60% of the nation's exports and 70% of business R&D. Overall, the sector's market size, measured in terms of revenue is worth roughly $6 trillion, making it a major industry to do business with. So which U.S. states are the biggest for manufacturing? This article will explore the nation's top manufacturing states, measured by number of employees, based on MNI's database of 400,000 U.S. manufacturing companies.
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Historical chart and dataset showing European Union manufacturing output by year from 1991 to 2023.
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The average for 2023 based on 40 countries was 8.3 billion U.S. dollars. The highest value was in Egypt: 59 billion U.S. dollars and the lowest value was in the Gambia: 0.04 billion U.S. dollars. The indicator is available from 1960 to 2023. Below is a chart for all countries where data are available.
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<li>Japan manufacturing output for 2021 was <strong>1.050 trillion US dollars</strong>, a <strong>3.57% increase</strong> from 2020.</li>
<li>Japan manufacturing output for 2020 was <strong>1.014 trillion US dollars</strong>, a <strong>2.06% decline</strong> from 2019.</li>
<li>Japan manufacturing output for 2019 was <strong>1.035 trillion US dollars</strong>, a <strong>0.43% decline</strong> from 2018.</li>
</ul>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.
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.
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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.
In 2024, cement production in the United States amounted to some ** million metric tons. Thus, the United States was ranked as the fourth leading cement producer globally. Cement producer nations: Asia in the lead China produces the most cement globally by a large margin, at an estimated **** billion metric tons in 2023. China's cement production share equates to over half of the world’s cement. India was the world's second-largest cement producer, with production amounting to a distant *** million metric tons in 2024. Vietnam was the third-largest global producer that year, at *** million metric tons. Cement producing companies Following China's ranking as the world's largest cement producing nation, the Chinese company Anhui Conch Cement was one of the world's leading cement manufacturer based on market capitalization as of February 2025, at over ***** billion U.S. dollars. That year, the Irish company Cement Roadstone Holding was the leading cement manufacturer with a market capitalization of ***** billion U.S. dollars.
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Historical chart and dataset showing Vietnam manufacturing output by year from 2005 to 2023.
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<li>France manufacturing output for 2022 was <strong>265.23 billion US dollars</strong>, a <strong>0.81% decline</strong> from 2021.</li>
<li>France manufacturing output for 2021 was <strong>267.41 billion US dollars</strong>, a <strong>6.83% increase</strong> from 2020.</li>
<li>France manufacturing output for 2020 was <strong>250.30 billion US dollars</strong>, a <strong>8.35% decline</strong> from 2019.</li>
</ul>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.
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The average for 2023 based on 16 countries was 567.88 billion U.S. dollars. The highest value was in China: 4658.79 billion U.S. dollars and the lowest value was in South Africa: 49.35 billion U.S. dollars. The indicator is available from 1960 to 2023. Below is a chart for all countries where data are available.
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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.
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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.
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<li>South Korea manufacturing output for 2022 was <strong>429.06 billion US dollars</strong>, a <strong>7.42% decline</strong> from 2021.</li>
<li>South Korea manufacturing output for 2021 was <strong>463.45 billion US dollars</strong>, a <strong>13.74% increase</strong> from 2020.</li>
<li>South Korea manufacturing output for 2020 was <strong>407.47 billion US dollars</strong>, a <strong>2.18% decline</strong> from 2019.</li>
</ul>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.
In 2023, China produced ***** million metric tons of paper and paperboard, making it the leading paper-producing country worldwide. The United States was the ******-largest paper-producing country that year, with an output of **** million metric tons.
Global paper production Global paper and paperboard production amounted to *** million metric tons in 2023, one of the highest figures ever recorded. Asia was the largest paper-producing region by far, accounting for over half of global production - most of which was produced in China. This was followed by Europe, which produced over ** percent of the world's paper and paperboard supply. Paper trade Although China is the largest producer of paper and paperboard, it is not the leading exporter of paper. Germany was the top exporter in 2023, with shipments totaling ** million metric tons. The European country was followed by the United States.
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.