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2022
Exports $2.84BWorld Rnk 1 / 194
Flag Rnk 240 / 1216
2022
Destination $133M United States
2021 - 2022
FASTEST GROWING MARKET $133MVietnam
2022
PRODUCT COMPLEXITY IN Glass Bottles-0.6Rnk 728 / 1025
2022
Imports $69.2MWorld Rnk 40 / 219
Flag Rnk 722 / 1212
2022
Origin $3.28M Japan
2021 - 2022
FASTEST GROWING ORIGIN $3.28MDenmark
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $2.84B in Glass Bottles, making it the 1st largest exporter of Glass Bottles in the world. At the same year, Glass Bottles was the 240th most exported product in China. The main destination of Glass Bottles exports from China are: United States ($513M), Vietnam ($339M), Indonesia ($129M), United Arab Emirates ($122M), and Philippines ($90.7M).

The fastest growing export markets for Glass Bottles of China between 2021 and 2022 were Vietnam ($133M), United States ($53.1M), and Philippines ($37.1M).

Imports In 2022, China imported $69.2M in Glass Bottles, becoming the 40th largest importer of Glass Bottles in the world. At the same year, Glass Bottles was the 722nd most imported product in China. China imports Glass Bottles primarily from: Japan ($15.4M), Italy ($10.2M), United States ($6.26M), Chinese Taipei ($6.01M), and France ($4.79M).

The fastest growing import markets in Glass Bottles for China between 2021 and 2022 were Denmark ($3.28M), Indonesia ($2.33M), and Israel ($1.18M).

COMPANIES In 2023, leading companies such as IKEA Group (171), Itourscm (70), and CrimsonLogic (27) were at the forefront of shipping Glass Bottles from China to the United States.

Latest Trends

October 2024

About

Overview In October 2024 China's Glass Bottles exports accounted up to $254M and imports accounted up to $4.87M, resulting in a positive trade balance of $249M. Between October 2023 and October 2024 the exports of China's   Glass Bottles have increased by $15.9M (6.67%) from $238M to $254M, while imports increased by $717k (17.3%) from $4.15M to $4.87M.

Destinations In October 2024, Glass Bottles were exported mostly to United States ($46M), United Arab Emirates ($20.2M), Indonesia ($11.6M), Vietnam ($10.1M), and Saudi Arabia ($8.51M), and were imported mostly from Japan ($1.57M), Italy ($1.19M), Switzerland ($435k), Germany ($284k), and United States ($253k).

Growth In October 2024, the increase in Glass Bottles's year-by-year exports was explained primarily by an increase in exports to Saudi Arabia ($6.03M or 74.2%), Turkey ($4.46M or 136%), and United Arab Emirates ($3.95M or 36.7%). In October 2024, the increase in Glass Bottles's year-by-year imports was explained primarily by an increase in imports from India ($202k or 108%), Thailand ($149k or 189%), and Denmark ($119k or 21k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$15.9M(6.67%)
IMPORT GROWTH (October 2023 - October 2024)$717k(17.3%)
MAIN EXPORTER (October 2024)Zhejiang Province$82.6M
MAIN DESTINATION (October 2024)United States$46M

This section shows Glass Bottles'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 Bottles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.84B
IMPORTS (2022)$69.2M
NET TRADE (2022)$2.78B

In 2022, China exported $2.84B in Glass Bottles. The main destinations of China exports on Glass Bottles were United States ($513M), Vietnam ($339M), Indonesia ($129M), United Arab Emirates ($122M), and Philippines ($90.7M).

In 2022, China imported $69.2M in Glass Bottles, mainly from Japan ($15.4M), Italy ($10.2M), United States ($6.26M), Chinese Taipei ($6.01M), and France ($4.79M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Glass Bottles EXPORT MARKETS FOR China WERE (2021 - 2022):
Vietnam$133M (64%)
United States$53.1M (11.5%)
Philippines$37.1M (69.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glass Bottles BY China WERE (2021 - 2022):
Australia-$10.3M (-14.7%)
Canada-$10.2M (-10.6%)
Brazil-$8.99M (-20.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Glass Bottles were:
Germany $1.67B
Italy $1.23B
In 2022, China's main importing competitors in Glass Bottles were:
United States $2.14B
France $1.75B
Spain $883M

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Trade Value of Glass Bottles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $41.1M
TOP IMPORT POTENTIALItaly+ $5.75M

Glass Bottles’s highest export potential is France. With an export gap of $41.1M.   Glass Bottles’s highest import potential is Italy with an import gap of $5.75M.

See methodology.

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