Discover the top-performing Southeast Asian industries over the past year.
The charts below show the top-performing industries in each Southeast Asian market over the past year.
The industries make up part of their markets’ and economies’ backbones. Over the long term, their future earnings growth (or expected investor return) drives their market values and, consequently, their nations’ economic prosperity.
The markets are ranked according to their top industries’ growth in value.
🇹🇭 Thailand
Thailand’s electronics components industry grew 154% in value over the past year.
The electronics components industry is involved in the manufacturing, distribution, and supply of various electronic components, such as resistors, capacitors, transistors, integrated circuits, and more. It plays a crucial role in the Thailand’s overall electronics ecosystem by providing essential building blocks for electronic devices and systems. These components are integral to the functioning of consumer electronics, telecommunications, automotive technology, industrial automation, medical devices, and numerous other sectors, making the electronics components industry vital for technological advancement and innovation.
Past 1-year electronic equipment and components revenue growth: 23%
Past 1-year electronic equipment and components earnings growth: 38%
Future 3-year electronic equipment and components earnings growth (or expected investor return) forecast: 11% per year
🇲🇾 Malaysia
Malaysia’s air freight and logistics industry grew 70% in value over the past year.
The air freight and logistics industry encompasses the transportation and management of goods and cargo by air. It involves activities such as warehousing, packaging, handling, and transportation of goods through air carriers and associated logistics services. This industry is crucial for Malaysia’s trade and commerce as it enables the swift and efficient movement of goods across long distances, ensuring timely delivery, reduced transit times, and improved supply chain management. Air freight plays a vital role in facilitating international trade, supporting industries like manufacturing, e-commerce, pharmaceuticals, and perishable goods, and connecting businesses worldwide.
Past 1-year air freight and logistics revenue growth: 15%
Past 1-year air freight and logistics earnings growth: 113%
Future 3-year air freight and logistics earnings growth (or expected investor return) forecast: 24% per year
🇸🇬 Singapore
Singapore’s coal and fuels industry grew 59% in value over the past year.
The coal and fuels industry is involved in the extraction, production, and distribution of coal and various types of fuels, including fossil fuels like oil and natural gas. It plays a significant role in Singapore’s energy production and consumption, providing a substantial portion of the nation’s electricity generation and fueling various industries such as power generation, transportation, and manufacturing.
Past 1-year oil and gas revenue growth: 14%
Past 1-year oil and gas earnings growth: 117%
Future 3-year oil and gas earnings growth (or expected investor return) forecast: 23% per year
🇻🇳 Vietnam
Vietnam’s oil and gas drilling industry grew 56% in value over the past year.
The oil and gas drilling industry involves the exploration, extraction, and production of oil and natural gas reserves from underground reservoirs. It encompasses activities such as drilling wells, installing infrastructure, and processing the extracted resources. This industry is vital for meeting Vietnam’s energy demand, as oil and gas are significant sources of energy for various sectors including transportation, power generation, and manufacturing.
Past 1-year energy services revenue growth: 11%
Past 1-year energy services earnings growth: 32%
Future 3-year energy services earnings growth forecast: 27% per year
Future 3-year oil and gas drilling earnings growth (or expected investor return) forecast: 45% per year
🇵🇭 Philippines
The Philippines’ casinos and gaming industry grew 55% in value over the past year.
The casinos and gaming industry encompasses businesses involved in gambling activities, including casinos, online gaming platforms, and sports betting. It is an entertainment industry that offers various games of chance and skill to participants, allowing them to wager money in the hopes of winning more. The industry generates significant revenue, stimulates tourism, creates job opportunities, and contributes to the Philippines’ local economies.
Past 1-year casinos and gaming revenue growth: 52%
Past 1-year casinos and gaming earnings growth: 848%
Future 3-year casinos and gaming earnings growth (or expected investor return) forecast: 24% per year
🇲🇨 Indonesia
Indonesia’s coal and fuels industry grew 34% in value over the past year.
The coal and fuels industry is involved in the extraction, production, and distribution of coal and various types of fuels, including fossil fuels like oil and natural gas. It plays a significant role in Indonesia’s energy production and consumption, providing a substantial portion of the nation’s electricity generation and fueling various industries such as power generation, transportation, and manufacturing.
Past 1-year coal and fuels revenue growth: 66%
Past 1-year coal and fuels earnings growth: 81%
Future 3-year coal and fuels earnings decline (or expected investor return) forecast: -28% per year