Manufacturing is an important part of many product-focused businesses around the world. This list of the top ten manufacturing countries in the world can help you figure out where other companies get their goods make. According to the most recent data from the United Nations Statistics Division, the list shows the industrial production of the whole world in 2019.
As you look over this list, think about which countries would be best for your business. Global Upside gives a thorough look at each country, including things like compliance issues, taxes, incorporation requirements, human resource issues, and other restrictions from the government.
- China is responsible for 28.7% of all manufacturing around the world.
- 16,8% of all manufacturing in the world is done in the United States.
- 7.5% of the world’s manufacturing is done in Japan.
- Germany is responsible for 5.3% of all manufacturing around the world.
- India is responsible for 3.1% of all manufacturing in the world.
- South Korea is responsible for 3 percent of the world’s manufacturing output.
- Italy is responsible for 2.1% of all manufacturing around the world.
- France is responsible for 1.9% of all manufacturing in the world.
- Only 1.8% of the world’s manufacturing is done in the United Kingdom.
- Indonesia makes 1.6% of the world’s manufactured goods.
Countries that make the most things in the world
China is responsible for 28.7% of all manufacturing in the world
China is in East Asia and has one of the oldest cultures in the world. It has more people than any other country in the world: 1.4 billion. China is a great place to start a business because it has a low-cost economy and is one of the best places to do business.
China is responsible for 28.7% of all manufacturing in the world. In 2019, this made up about $4 trillion of the total economic output of the country. Even though the United States used to make more things than any other country, China has been making more things than any other country for more than a decade. China is 10% ahead of the US because it has low costs, a large workforce, and high-quality production.
16.8% of all goods made in the world are make in the United States
In 2018, manufacturing contributed more than $2.3 trillion to the US GDP, which shows how important it is. This industry was responsible for 11.6% of all economic activity in the US and 50% of all exports.
In light of the recent pandemic, some companies are worried about making things in China. The pandemic, which started in Wuhan, messed up supply chains and made it hard for companies to make things all over the world. This could be a sign that companies will start to move their manufacturing operations to other countries.
7.5% of the world’s manufacturing output comes from Japan
Japan is an island country in East Asia that is in the northwest Pacific Ocean. It has a population of 126.2 million people. Japan has a long history of culture, and it is known for its animation, arts and crafts, food, music, and many other things. Major exports from this country include consumer electronics, cars, computers, and metals like iron, steel, copper, and semiconductors.
In 2019, Japan made $1 trillion worth of things. This made it the third most popular country for making things. As companies grow and look for manufacturing partners, Japan has shown that it can be counted on as one of the top ten manufacturing countries in the world.
Germany makes 5,3% of the world’s manufactured goods
With 83 million people, Germany has become one of the biggest importers and exporters. The German economy supports free markets in business and consumer goods, which is why it has recently moved up to be one of the top ten countries that make things.
Germany is the most industrialised country in Europe. In 2019, it made $806 billion.
India is responsible for 3.1% of all manufacturing in the world
It has become a reliable place to do business in a number of areas. India has the people and resources to quickly become one of the top ten manufacturing countries. It has more than 1.3 billion people.
Even though India is best know for its IT labour support and customer service centres, it make $412 billion worth of goods in 2018. India’s manufacturing sector is likely to grow more as companies diversify their products and services as they go global.
South Korea is where things are make
It is responsible for 3 percent of the world’s manufacturing output.
South Korea has become one of the fastest-growing developed countries in the world by focusing on high-tech and service-based economies.
South Korea’s principal exports include electrical equipment, cars, petroleum liquids, vehicle components and accessories. The most important things that are brought in are petroleum oils, electrical equipment, gas, hydrocarbons, and coal.
Italy makes 2.1% of all the things that are make in the world
Even though Italy is number seven on our list of the top ten manufacturing countries, its economy is based mostly on manufacturing and services. Italy has 60 million people and is thought to be one of the most industrialise countries in the world. Their manufacturing is reliable and high-tech, which makes them a great place to make things.
Some of Italy’s main exports are metals and metal products, textiles and shoes, and cars. In 2018, this industry alone added $314 billion to the country’s gross domestic product (GDP).
France is responsible for 1.9% of all manufacturing in the world
With 67 million people, France is one of the most important agricultural producers in Europe and a world leader in industrial power. The federal government of France gives its citizens free services they need, like education, health care, and pension programmes. The World Bank says that France is a rich country with a high income.
France is a world leader in many types of manufacturing, such as aeroplanes, cars, trains, luxury goods, and cosmetics. France mostly sells cars, aeroplanes, food (wine), medicines, parts for electronics, and parts for hydrocarbons.
The United Kingdom makes 1.8% of all the things that are make in the world.
The United Kingdom is a sovereign country that includes England, Scotland, Wales, and Northern Ireland. It is off the northwest coast of Europe. London, the capital of England, is a major financial hub and one of the best business cities in the world. With about 66 million people, the United Kingdom is a major economic centre around the world.
Manufacturing is not their main focus, but in 2018, it added $253 billion to their GDP.
1,6% of all the goods made in the world are make in Indonesia
Indonesia’s main exports are mineral fuels, mineral oils and distillation products, mineral waxes, bituminous substances, and animal or vegetable fats and oils. Even though they are at the bottom of the list of the world’s top ten manufacturing countries, their growth and momentum could push them to the top of the list in the coming years.
With $207 billion coming from manufacturing, Indonesia might want to keep building up this industry so it can compete with India and China.
About the World’s Advantage
Global Upside offers services in more than 170 countries, such as staffing, incorporation, PEO/EOR, accounting, HR, payroll, compliance, and M&A. We have helped public, private, and nonprofit organisations of all sizes grow in an integrated way for almost 20 years.
Our experienced global teams know how complicated it can be to do business in different countries, and they help our clients understand and follow local laws and rules. Our outsourcing services make day-to-day operations easier for our clients, which gives them more time and resources to focus on what they do best. You can order Industrial machinery parts from us.
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