Top 10 Leading Manufacturing Countries in the World (2024)

Top 10 Leading Manufacturing Countries in the World (1)

Manufacturing is a global industry, but it remains fragmented by country. If you’re buying a car, chances are it was made in either the United States or Japan. In the market for PCBs? South Korea has a virtual monopoly on their production. Buying luxury cookware? It’s probably imported from France. Each country produces relatively distinct goods that make up the broader global manufacturing industry.

Top Manufacturing Countries in the World

Here’s a look at the top ten producing countries in the world and what they contribute to the world’s manufacturing economy.

  1. China. When it comes to manufacturing output, China stands on top. The country accounts for up 28% of global manufacturing output, adding a total value of around $4 trillion to the world economy. The main exports of China include consumer goods such as textiles, garments, and electronics.
  2. United States. The U.S. takes second place with a manufacturing output valued at roughly $1.8 trillion. The country accounts for approximately 18% of global manufacturing. The U.S. is well-known for production of automobiles, chemical products, food products, military equipment, and aircraft.
  3. Japan. Japan comes in third, and provides approximately 10% of the world’s total manufacturing output. Together with China and the United States, the top three countries make up roughly 48% of total global manufacturing output. Popular Japanese manufactured exports include vehicles, computer parts, and chemicals.
  4. Germany. Germany’s manufacturing industry produces a value of roughly $700 billion and accounts for approximately 7% of global manufacturing. Well known for its motor vehicle exports, Germany also produces plenty of electrical machinery and manufactured metals.
  5. South Korea. South Korea accounts for about 4% of global manufacturing with an output value around $372 billion. Manufacturing constitutes approximately 29% of the county’s national output. Major exports from South Korea include electronic products, transport equipment, and machinery.
  6. India. India comes in just below South Korea, accounting for approximately 3% of global manufacturing output. The country produces an output value of roughly $298 billion. India is especially known for its agricultural product exports. Other major exports include textiles, engineering goods, leather products, and chemicals.
  7. Italy. Like India, Italy accounts for about 3% of total global manufacturing output. The output value of Italy’s manufacturing industry amounts to approximately $264 billion, and the county’s major exports include clothing, wine, machinery, transport equipment, and chemicals.
  8. France. France contributes roughly $274 billion in manufacturing output to the global economy — enough to account for 3% of total global manufacturing output. Its main exports include machinery, transport equipment, and agricultural products.
  9. United Kingdom. The United Kingdom accounts for about 2% of global manufacturing. The country contributes a total manufacturing output value of $244 billion, and major exports from the United Kingdom include chemicals, food, and manufactured goods.
  10. Mexico. Rounding out the top ten is Mexico, which accounts for around 2% of global manufacturing output, producing a value of $175 billion. Popular Mexican exports include mineral fuels and lubricants, food, machinery, and transport equipment.

Top 10 Leading Manufacturing Countries in the World (2)

These ten countries make up almost 100% of the total global manufacturing economy and are responsible for producing the world’s most in-demand goods. Industrialized nations consistently jockey for place, and this list may change in a big way over the next decade or two as countries like Vietnam, Malaysia, and Russia — along with more than a few African countries — kickstart their own producer economies.

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Top 10 Leading Manufacturing Countries in the World (2024)

FAQs

Which country has the highest manufacturing industry? ›

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.

Where does the US rank in manufacturing? ›

The U.S. is ranked ninth in output per hour among 142 countries using data from the Conference Board. In 2021, Manufacturing total factor productivity was 3.4 % above its 2005 level. In 2021, durable goods was 8.7 % above its 2005 level. In 2021, nondurable goods was 1.2 % below its 2005 level.

Which country is the world leader in production? ›

1. China – 28.4% Global Manufacturing Output. Situated in East Asia, China is one of the world's oldest civilizations. It is the world's most populous country with around 1.4 billion inhabitants.

Is China number 1 in manufacturing? ›

Source: OECD TiVA database, 2023 update.

Six nations manufacture at least 3% of the world total. China is followed by the US, Japan, Germany, India, and South Korea.

Which is the richest manufacturing company in the world? ›

Largest manufacturing companies by Market Cap
#NameM. Cap
1TSMC 1TSM$902.23 B
2Tesla 2TSLA$583.65 B
3Samsung 3005930.KS$381.58 B
4Toyota 4TM$261.63 B
57 more rows

Which country will replace China manufacturing? ›

India and Vietnam are attractive manufacturing alternatives for foreign investors and companies, due in part to low labor costs. Between the two, however, Vietnam is still way ahead with 2023 exports totaling $96.99 billion, compared with India's $75.65 billion.

Which country leads as the world's manufacturing hub? ›

In addition to its low labor costs, China has become known as "the world's factory" because of its strong business ecosystem, relatively lax commercial regulations, low taxes and duties, and competitive currency practices. Here we review each of these key factors.

What is the wealthiest country? ›

But sorting nations for their per-capita average wealth—or even for their median per-capita wealth—other countries win out. Using the first metric, Switzerland is the richest country in the world at an average per-capita wealth of around $685,000, followed by Luxembourg and the United States.

Who has the strongest economy in the world? ›

The United States of America

The United States upholds its status as the major global economy and richest country, steadfastly preserving its pinnacle position from 1960 to 2023. Its economy boasts remarkable diversity, propelled by important sectors, including services, manufacturing, finance, and technology.

Which country produces the most machinery? ›

In 2021, China was the leading machine tool producer worldwide, with an unprecedented manufacturing record of 21.8 billion euros.

Which state is number 1 in manufacturing? ›

California serves as the primary hub for manufacturing output in the United States, with a staggering number of over 35,000 manufacturing firms and employing more than 1.2 million Californians.

Where is the largest manufacturing plant in the world? ›

Boeing's Everett Factory is now the largest manufacturing facility in the world and the largest building in the world by volume – at a whopping 13,485,378 metres cubed.

Which country makes the highest quality products? ›

Quality perceived

Most of the products thusly labelled “made in” came from Germany, which is why the “Made in Germany” label gained publicity and became very well-known.

Is Europe the world's largest region in manufacturing? ›

Europe is the world's largest exporter of manufactured goods and services, and is itself the biggest export market for around 80 countries. Together, the European Union's members account for 16% of world imports and exports (2022 data).

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