ChinaWith nearly 240 million workers in the industrial sector alone, China continues to hold a near absolute advantage in manufacturing. The country supplies Europe, North America, Australasia and many others with a wide array of products including specialties in electrical, machinery and consumer goods. As manufacturing R&D continues to mature, promises of increased productivity will only lead to greater efficiency from China.
Annual Import Value: $1.95 trillion
Annual Export Value: $2.21 trillion
Major Seaports: Dalian, Ningbo, Qingdao, Qinhuangdao, Shanghai, Shenzhen, Tianjin
IndiaAs a nation with a rich in history of commodity trading, India serves the world as a strong trader country with boundless potential. With a newly elected pro-business government, India is entering a new era of skilled manufacturing and production. Seasoned experience in textiles and electronics will help India to rapidly move up the value chain.
Population: 1, 236, 344, 631
Annual Import Value: $467.5 billion
Annual Export Value: $313.2 billion
Major Seaports: Chennai, Jawaharlal Nehru Port, Kandla, Calcutta, Bombay, Sikka, Vishakhapatnam
VietnamAlways punching above its weight, Vietnam consistently remains as one of South-East Asia’s strongest manufacturing nations. With comparative advantage in certain consumer and hard goods, the narrow coastal nation provides the world with alternative sourcing options. As the country continues to develop, infrastructure improvement will lead to better global business opportunities for Vietnam.
Annual Import Value: $121.4 billion
Annual Exports Value: $128.9 billion
Major Seaports: Cam Pha Port, Da Nang, Haiphong, Phu My, Quy Nhon