Top 25 Manufacturing Countries in the World in 2024

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1. China

Total Manufacturing Value Added in 2023: $4.66 trillion

China will be the top manufacturing country in the world in 2024. It is also known as the manufacturing superpower of the world and is renowned for its low-cost production and its global supply chain of manufactured goods. China not only produces around 40% of the world’s industrial goods, its manufacturing sector contributes more than 30% to its GDP with the total manufacturing value added in 2023 amounting to $4.66 trillion. The country leads in the production and supply of electrical products, machinery, equipment, textiles, clothing, and footwear. It has been able to scale its manufacturing sector mainly on the back of cheap labor stemming from the rural areas of the country.

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