Glass Fibers in China | The Observatory of Economic Complexity

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Exports In 2022, China exported $3.7B in Glass Fibers, making it the 1st largest exporter of Glass Fibers in the world. At the same year, Glass Fibers was the 192nd most exported product in China. The main destination of Glass Fibers exports from China are: United States ($458M), India ($317M), South Korea ($283M), Turkey ($189M), and Japan ($189M).

The fastest growing export markets for Glass Fibers of China between 2021 and 2022 were India ($125M), United States ($118M), and Turkey ($35.6M).

Imports In 2022, China imported $643M in Glass Fibers, becoming the 5th largest importer of Glass Fibers in the world. At the same year, Glass Fibers was the 301st most imported product in China. China imports Glass Fibers primarily from: Chinese Taipei ($140M), United States ($98.5M), Japan ($70.7M), Hong Kong ($64.3M), and Malaysia ($60.2M).

The fastest growing import markets in Glass Fibers for China between 2021 and 2022 were Sweden ($14.8M), Hong Kong ($10.6M), and Thailand ($10.3M).

COMPANIES In 2023, leading companies such as WAL-MART INC. (2.88k), ROBERT BOSCH TOOL CORPORATION (1.68k), and IKEA SUPPLY AG (1.48k) were at the forefront of shipping Glass Fibers from China to the United States.

Latest Trends

February 2024

About

Overview In February 2024 China's Glass Fibers exports accounted up to $199M and imports accounted up to $55.3M, resulting in a positive trade balance of $144M. Between February 2023 and February 2024 the exports of China's Glass Fibers have decreased by $-17.5M (-8.09%) from $217M to $199M, while imports decreased by $-3.6M (-6.12%) from $58.9M to $55.3M.

Destinations In February 2024, Glass Fibers were exported mostly to United States ($23.8M), South Korea ($19.4M), India ($19.3M), Japan ($10M), and Thailand ($7.72M), and were imported mostly from Taiwan ($14.6M), Japan ($11.9M), United States ($10M), South Korea ($3.69M), and Germany ($3.2M).

Growth In February 2024, the decrease in Glass Fibers's year-by-year exports was explained primarily by a decrease in exports to South Korea ($-7.49M or -24.8%), Vietnam ($-7.17M or -50.4%), and Russia ($-5.76M or -43.2%). In February 2024, the decrease in Glass Fibers's year-by-year imports was explained primarily by a decrease in imports from Taiwan ($-9.72M or -43.7%), Japan ($-8.74M or -63.4%), and Hong Kong ($-2.88M or -83.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-17.5M(-8.09%)

IMPORT GROWTH (February 2023 - February 2024)$-3.6M(-6.12%)

MAIN EXPORTER (February 2024)Jiangsu Province$58.9M

MAIN DESTINATION (February 2024)United States$23.8M

This section shows Glass Fibers's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Glass Fibers over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$3.7B

IMPORTS (2022)$643M

NET TRADE (2022)$3.06B

In 2022, China exported $3.7B in Glass Fibers. The main destinations of China exports on Glass Fibers were United States ($458M), India ($317M), South Korea ($283M), Turkey ($189M), and Japan ($189M).

In 2022, China imported $643M in Glass Fibers, mainly from Chinese Taipei ($140M), United States ($98.5M), Japan ($70.7M), Hong Kong ($64.3M), and Malaysia ($60.2M).

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