Ever wondered where the world's stuff actually gets made? Here's the breakdown.
Manufacturing makes up roughly 16-17% of the planet's total economic output. But zoom into one country, and the picture shifts dramatically. For a certain major economy, that number jumps to 25-26% of its domestic production—a massive concentration.
Now here's where it gets interesting. This same economy represents about 17-18% of global GDP. Yet it only accounts for 13% of worldwide consumption. Meanwhile? It cranks out 31% of all manufactured goods globally.
That gap between production and consumption tells you everything about modern supply chains and trade flows. One region builds, the world buys.
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ValidatorVibes
· 11-30 13:55
ngl this is just centralized manufacturing on steroids... one region holding 31% of global production? that's literally the opposite of what we need. imagine if that was distributed across a proper incentive mechanism instead lol
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ChainWallflower
· 11-30 13:48
So basically, it's China doing the labor while the whole world consumes.
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OneBlockAtATime
· 11-30 13:48
Wow... This data clearly indicates that it is talking about China, which produces 31% of the world's goods but only consumes 13%, which is almost enough to support the entire world.
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DustCollector
· 11-30 13:44
Wait, so a third of everything in the world is made by a certain country? This gap is just too outrageous...
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BackrowObserver
· 11-30 13:40
A country produces 31% of the global manufacturing output but only consumes 13%... where does the difference go?
Ever wondered where the world's stuff actually gets made? Here's the breakdown.
Manufacturing makes up roughly 16-17% of the planet's total economic output. But zoom into one country, and the picture shifts dramatically. For a certain major economy, that number jumps to 25-26% of its domestic production—a massive concentration.
Now here's where it gets interesting. This same economy represents about 17-18% of global GDP. Yet it only accounts for 13% of worldwide consumption. Meanwhile? It cranks out 31% of all manufactured goods globally.
That gap between production and consumption tells you everything about modern supply chains and trade flows. One region builds, the world buys.