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- Manufacturing by Country. Here’s a look at manufacturing by country, focusing on the world’s top ten manufacturing countries and what they contribute to the global manufacturing economy.
- China. According to the United States Statistics Division, China tops the list when it comes to manufacturing. The country makes up 28.4% of the total global manufacturing output, which adds a total value of nearly $4 trillion to the world economy.
- United States. The U.S. used to have the world’s largest manufacturing sector until it was overtaken by China in 2010, though it’s still in the contest with China to take back the position.
- Japan. Japan comes in third and provides approximately 7.2% of the world’s total manufacturing output. Japan produced $1 trillion from manufacturing in 2019.
UN data shows China to be the world's manufacturing powerhouse. Manufacturing is responsible for nearly 30% of the country's economic output. Shutdowns in China, as a result of the coronavirus, could have knock-on effects around the world.
- Information Technology. Market value: $5 trillion. Ranking 6th on the list of the biggest industries in the world in 2021 is the information technology sector.
- Food Industry. Market value: $5 trillion. Ranking 7th on our list of the biggest industries in the world in 2021 is food and agriculture. The world saw a huge uptick in food spending through online channels after the COVID-19 crisis.
- Oil and Gas E&P. Market value: $4.6 trillion. The global oil and gas exploration and production industry account for 3.8% of global GDP in 2019, which is a significant portion of the global economy.
- Automobile Manufacturing. Market value: $3 trillion. Ranking 9th on the list of the 10 biggest industries in the world in 2021 is automotive manufacturing.
Sep 6, 2023 · According to data published by CEOWORLD magazine’s executive council statistics division, China leads the world in manufacturing output, with over $4.97 trillion. China (mainland) is followed by Germany ($751 billion), India ($450 billion), South Korea ($426 billion), and Russia ($287 billion).
- Alexandra Dimitropoulou
Dec 23, 2023 · Advertisement. In this article, we’ll take a look at the 24 Biggest Industries in the World in 2024. The article also sheds light on what’s happening in the global economy and recent worldwide...
The 10 Global Biggest Industries by Revenue. Industry. Revenue for 2024. 1. Global Oil & Gas Exploration & Production. $5,253,4B. 2. Global Life & Health Insurance Carriers. $4,629,2B. 3. Global Pension Funds. $4,253,6B. 4. Global Commercial Real Estate. $4,200,1B. 5. Global Car & Automobile Sales. $3,739,6B. 6.
Jun 20, 2023 · Advertisement. In this article, we will be taking a look at the top 20 manufacturing countries in the world. To skip our detailed analysis, you can go directly to see the top 5...
