Global Manufacturing Output 2024

As we step into 2024, the global manufacturing landscape continues to evolve, reflecting economic shifts, technological advancements, and geopolitical dynamics. This article provides an updated list of the top 50 countries by manufacturing output, highlighting their contributions to the global economy totaling over $16.3 Trillion USD.

Top 50 Countries by Manufacturing Output in 2024

1. China

Manufacturing Output: $5,125,000,000,000 USD (estimated)
China remains the global leader in manufacturing output, driven by its robust industrial base, technological innovation, and significant investments in infrastructure.

2. United States

Manufacturing Output: $2,620,000,000,000 USD (estimated)
The United States continues to be a manufacturing powerhouse, with strengths in aerospace, automotive, pharmaceuticals, and advanced machinery.

3. Japan

Manufacturing Output: $1,075,000,000,000 USD (estimated)
Japan's manufacturing sector excels in automotive, electronics, and robotics, maintaining its position as a key player in global manufacturing.

4. Germany

Manufacturing Output: $790,000,000,000 USD (estimated)
Germany's precision engineering, automotive industry, and advanced manufacturing technologies ensure its continued prominence in global manufacturing.

5. India

Manufacturing Output: $475,000,000,000 USD (estimated)
India's manufacturing sector is growing rapidly, with significant contributions from textiles, chemicals, automotive, and electronics industries.

6. South Korea

Manufacturing Output: $440,000,000,000 USD (estimated)
South Korea remains a leader in electronics, automotive, and shipbuilding, driven by technological innovation and strong industrial policies.

7. Mexico

Manufacturing Output: $325,000,000,000 USD (estimated)
Mexico's strategic location and trade agreements, particularly with the United States, bolster its manufacturing output, especially in automotive and electronics.

8. Italy

Manufacturing Output: $315,000,000,000 USD (estimated)
Italy's manufacturing sector is renowned for high-quality machinery, automotive, and luxury goods, maintaining its strong global presence.

9. Russia

Manufacturing Output: $295,000,000,000 USD (estimated)
Russia's manufacturing output is driven by its energy sector, heavy machinery, and military equipment industries.

10. France

Manufacturing Output: $270,000,000,000 USD (estimated)
France's manufacturing strengths lie in aerospace, automotive, and luxury goods, supported by advanced research and development.

11. United Kingdom

Manufacturing Output: $265,000,000,000 USD (estimated)
The UK's manufacturing sector is diverse, with significant contributions from aerospace, pharmaceuticals, and automotive industries.

12. Indonesia

Manufacturing Output: $250,000,000,000 USD (estimated)
Indonesia's growing manufacturing sector benefits from a young workforce and expanding industries in electronics, textiles, and automotive.

13. Brazil

Manufacturing Output: $220,000,000,000 USD (estimated)
Brazil's manufacturing sector is diverse, with strengths in automotive, aerospace, and consumer goods.

14. Ireland

Manufacturing Output: $210,000,000,000 USD (estimated)
Ireland's manufacturing output is bolstered by its pharmaceutical, medical devices, and technology sectors.

15. Turkey

Manufacturing Output: $205,000,000,000 USD (estimated)
Turkey's strategic location and diversified industrial base drive its manufacturing sector, particularly in textiles, automotive, and electronics.

16. Canada

Manufacturing Output: $170,000,000,000 USD (estimated)
Canada's manufacturing strengths include automotive, aerospace, and natural resources-based industries.

17. Spain

Manufacturing Output: $165,000,000,000 USD (estimated)
Spain's manufacturing sector benefits from its strong automotive, aerospace, and machinery industries.

18. Saudi Arabia

Manufacturing Output: $160,000,000,000 USD (estimated)
Saudi Arabia's manufacturing is heavily influenced by its petrochemical and energy sectors, with growing diversification efforts.

19. Switzerland

Manufacturing Output: $155,000,000,000 USD (estimated)
Switzerland excels in high-precision machinery, pharmaceuticals, and luxury goods manufacturing.

20. Thailand

Manufacturing Output: $140,000,000,000 USD (estimated)
Thailand's manufacturing sector is driven by electronics, automotive, and food processing industries.

21. Poland

Manufacturing Output: $125,000,000,000 USD (estimated)
Poland's diverse manufacturing sector includes automotive, machinery, and chemical production.

22. Netherlands

Manufacturing Output: $120,000,000,000 USD (estimated)
The Netherlands benefits from high-tech manufacturing, including electronics and advanced machinery.

23. Argentina

Manufacturing Output: $105,000,000,000 USD (estimated)
Argentina's manufacturing output is driven by food processing, automotive, and chemical industries.

24. Vietnam

Manufacturing Output: $104,000,000 USD (estimated)
Vietnam's rapidly growing manufacturing sector includes textiles, electronics, and machinery.

25. Bangladesh

Manufacturing Output: $102,000,000,000 USD (estimated)
Bangladesh is a global leader in textile manufacturing, with significant contributions from pharmaceuticals and leather industries.

26. Singapore

Manufacturing Output: $98,000,000,000 USD (estimated)
Singapore excels in electronics, chemicals, and biomedical manufacturing.

27. Malaysia

Manufacturing Output: $97,000,000,000 USD (estimated)
Malaysia's manufacturing sector includes electronics, automotive, and machinery.

28. Australia

Manufacturing Output: $95,000,000,000 USD (estimated)
Australia's manufacturing output is driven by food processing, machinery, and chemicals.

29. Iran

Manufacturing Output: $85,000,000,000 USD (estimated)
Iran's manufacturing sector is influenced by its petrochemical and automotive industries.

30. Sweden

Manufacturing Output: $82,000,000,000 USD (estimated)
Sweden's manufacturing strengths include automotive, machinery, and pharmaceuticals.

31. Egypt

Manufacturing Output: $80,000,000,000 USD (estimated)
Egypt's manufacturing sector is diverse, with significant contributions from textiles, food processing, and chemicals.

32. Austria

Manufacturing Output: $77,000,000,000 USD (estimated)
Austria excels in machinery, automotive, and chemical manufacturing.

33. Belgium

Manufacturing Output: $75,000,000,000 USD (estimated)
Belgium's manufacturing sector includes chemicals, machinery, and food processing.

34. Philippines

Manufacturing Output: $70,000,000,000 USD (estimated)
The Philippines benefits from electronics, automotive, and food processing industries.

35. Cuba

Manufacturing Output: $68,000,000,000 USD (estimated)
Cuba's manufacturing sector is driven by pharmaceuticals, food processing, and machinery.

36. Algeria

Manufacturing Output: $68,000,000,000 USD (estimated)
Algeria's manufacturing output includes petrochemicals, food processing, and textiles.

37. Nigeria

Manufacturing Output: $65,000,000,000 USD (estimated)
Nigeria's manufacturing sector includes food processing, textiles, and chemicals.

38. Czech Republic

Manufacturing Output: $62,000,000,000 USD (estimated)
The Czech Republic excels in automotive, machinery, and electronics manufacturing.

39. Venezuela

Manufacturing Output: $60,000,000,000 USD (estimated)
Venezuela's manufacturing sector includes petrochemicals, food processing, and machinery.

40. Pakistan

Manufacturing Output: $55,000,000,000 USD (estimated)
Pakistan's manufacturing strengths include textiles, pharmaceuticals, and food processing.

41. South Africa

Manufacturing Output: $52,000,000 USD (estimated)
South Africa's diverse manufacturing sector includes automotive, machinery, and food processing.

42. Israel

Manufacturing Output: $50,000,000 USD (estimated)
Israel excels in high-tech manufacturing, including electronics, pharmaceuticals, and medical devices.

43. United Arab Emirates

Manufacturing Output: $50,000,000 USD (estimated)
The UAE's manufacturing sector includes petrochemicals, machinery, and food processing.

44. Puerto Rico

Manufacturing Output: $49,000,000 USD (estimated)
Puerto Rico benefits from pharmaceuticals, electronics, and food processing industries.

45. Denmark

Manufacturing Output: $48,000,000 USD (estimated)
Denmark's manufacturing sector includes machinery, pharmaceuticals, and food processing.

46. Finland

Manufacturing Output: $45,000,000 USD (estimated)
Finland excels in machinery, electronics, and paper manufacturing.

47. Romania

Manufacturing Output: $43,000,000 USD (estimated)
Romania's manufacturing strengths include automotive, machinery, and textiles.

48. Colombia

Manufacturing Output: $41,000,000 USD (estimated)
Colombia's manufacturing sector includes food processing, chemicals, and textiles.

49. Portugal

Manufacturing Output: $33,000,000 USD (estimated)
Portugal excels in textiles, machinery, and electronics manufacturing.

50. Hungary

Manufacturing Output: $32,000,000 USD (estimated)
Hungary's manufacturing sector includes automotive, machinery, and electronics.

The global manufacturing landscape continues to be dominated by a few key players, with China, the United States, and Japan leading the charge. However, emerging economies such as India, Mexico, and Vietnam are rapidly increasing their manufacturing capabilities, contributing significantly to the global economy. As we move forward, advancements in technology and changes in geopolitical dynamics will continue to shape the future of manufacturing worldwide.

References

1. "The Impact of NAFTA on the U.S. Economy." Congressional Research Service, 2017.
2. "Outsourcing: Pros and Cons." Forbes, 2019.
3. "Trade Policy and Economic Dependence." The Economist, 2021.
4. "List of Countries by Manufacturing Output." World Bank, 2022.