Top 5 Manufacturing Countries in the World

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1. China

Total manufacturing value added in 2021: $4,865.8

Blowing the competition out of the water is China, which easily tops the list of the top 20 manufacturing countries in the world. The country alone accounts for 30% of global manufacturing which is why many of the products that are marketed by companies in U.S., Europe and Canada are all manufactured in China, taking advantage of lax labor laws and much lower wages. The country’s zero-Covid policy has impacted its manufacturing activity, with slower factory activity in China challenging its expected economic recovery.

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