Tuesday, April 21, 2020

WORLD MANUFACTURING OUTPUT


There is a lot of talk around how the world will change, economies would behave differently and how manufacturing output would shift across nations due to various political and economic reasons. 

Now what will happen in the coming months/years is difficult to predict, but what we can surely see is how the world's manufacturing output set-up is today. 

1. 52% of the world's output is concentrated in Asia, coming from 8 countries led by #China at 4t (28% of the world total) followed by #Japan at 1t (7% of the world total).

2. Although, North America accounts for only 18% of the world's output, #USA occupies 16.65% of the world total, coming second after China. 

3. Europe accounts for 22% with #Germany being equal to the next three nations in terms of output.

4. #India occupies the sixth rank and if it wants to grow into a super power, it will have to continue increasing its share further.



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