The 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%
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.