Breaking Down the Global Giants

95652571The IndustryWeek 1000 annual list of the world’s largest manufacturers always presents a voluminous display of data and growth trends. Among the biggest “news” from the list this time around is China Petroleum and Chemical Corp. ascending to No. 1 in revenues with $471,672 (in U.S. millions).

Royal Dutch Shell comes next at $459,599, followed by top U.S. entrant Exxon Mobil Corp. at $424,328. Other leading U.S. companies are Chevron Corp. (No. 11), Phillips 66 (No. 14), Apple Inc. (No. 15), General Motors (No. 19) and Ford Motor Co. (No. 20).

Below is a breakdown by the top six countries — total number on the list of 1,000, combined revenues of those companies and average annual growth:

  • United States: 333 companies, $7.6 trillion revenues, 3.1% average revenue growth
  • Japan: 172, $2.6 trillion and 8.6%
  • China: 61, $1.5 trillion and 7.0%
  • Germany: 35, $1.3 trillion and 1.5%
  • United Kingdom: 30, $1.2 trillion and 4.9%
  • France: 41, $1 trillion and 3.5%

Breaking Down the Top Manufacturers by Country

The IndustryWeek 1000 is the annual list of the world's top public manufacturing companies based on revenue. There are numerous ways to slice and dice the numbers. I found a breakdown by country to be interesting.

For example, 266 companies are headquartered in the United States. They created $5.6 trillion in total revenues with 5.74% average revenue growth. Eight of the top 25 were U.S. based, led by No. 2 Exxon Mobil and No. 9 Chevron Corp.

The totals for five other countries:

  • Japan: 197 companies, $3.1 trillion revenues, 0.86% average growth, No. 10 Toyota
  • China: 58 companies, $1.4 trillion total revenues, 7% average growth, No. 3 China Petroleum & Chemical Corp. and No. 5 PetroChina Co.,Ltd.
  • France: 45 companies, $1.1 trillion total revenues, 7.35% average growth, No. 8 TOTAL SA
  • Germany: 36 companies, $1.5 trillion total revenues, 6.29% average growth, No. 7 Volkswagen AG
  • United Kingdom: 35 companies, $1.4 trillion total revenues, 0.31% average growth, No. 1 Royal Dutch Shell PLC and No. 4 BP PLC

The other top 10 entity was India's Oil & Natural Gas Corp. Ltd. at No. 6.