Europe: A top manufacturing
destination
Europe specializes in many niche industries and produces
premium quality products.
Glovendor's journey so far
Glovendor’s China Procurement Network
Product & Shipping Vendors across 6 Verticals
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Sourcing Agents across China
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Project Success Rate
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Top Destinations
Italy
Portugal
Poland
UK
Poland
Finland
Ukraine
UK
Germany
Overview
In 2022, the value of sold production in the European Union amounted to €6 179 billion, an increase of 19 % compared with €5 209 billion in 2021 (current prices).
Trends
- Eastern Europe is becoming an attractive alternative to China with a solid engineering talent pool.
- Made in Europe continues to hold a high brand value for luxury fashion products, automobiles and food & beverage.
- With the increasing geopolitical issues with Russia and China, local production is getting more attention.
Benefits
- Faster lead times if you are based within the Eurozone
- 0% duty if you are within the Eurozone
- Higher quality
- Compliant with ethical and labor standards
- Intellectual property protection
- High product value for specialized manufacturing in Italy, UK etc.
Risks
- Can get expensive
- Political instability due to Russia-Ukraine war
- Language problems
- Labor unions
Top Products
Textiles
Medical
Oil & Gas
Automobiles
Electronics
Verdict
Europe is a great manufacturing destination if you want to get specialized products manufactured where brand value matters like chocolates, automobiles, luxury fashion products etc. Eastern Europe is not as expensive as Western Europe and there are many tax advantages within the Eurozone.