Glass Bottles in China 2020 Exports | Imports : $1.89B | $70.9M, World Rnk 1 / 183 Rnk 233 / 1215 | World Rnk 34 / 217 Rnk 698 / 1214
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $28.5M | $7.34M, Vietnam | Japan
Exports In 2020, China exported $1.89B in Glass Bottles, making it the 1st largest exporter of Glass Bottles in the world. At the same year, Glass Bottles was the 233rd most exported product in China. The main destination of Glass Bottles exports from China are: United States ($322M), Vietnam ($197M), Canada ($85.9M), Philippines ($73.4M), and Indonesia ($71M).
The fastest growing export markets for Glass Bottles of China between 2019 and 2020 were Vietnam ($28.5M), Canada ($18.4M), and Philippines ($15.8M).
Imports In 2020, China imported $70.9M in Glass Bottles, becoming the 34th largest importer of Glass Bottles in the world. At the same year, Glass Bottles was the 698th most imported product in China. China imports Glass Bottles primarily from: Japan ($20.4M), France ($8.69M), Italy ($8.28M), Chinese Taipei ($7.69M), and United States ($5.22M).
The fastest growing import markets in Glass Bottles for China between 2019 and 2020 were Japan ($7.34M), United States ($3.09M), and Mexico ($2.31M).
Tariffs In 2018, the average tariff for China in Glass Bottles was 11.1%. The countries with the highest import tariffs for Glass Bottles were Burkina Faso (Most Favoured Nation duty rate treatement, 14%), Botswana (Most Favoured Nation duty rate treatement, 14%), Cote d'Ivoire (Most Favoured Nation duty rate treatement, 14%), Cameroon (Most Favoured Nation duty rate treatement, 14%), and Democratic Republic of the Congo (Most Favoured Nation duty rate treatement, 14%).
May 2022
Overview In May 2022 China's Glass Bottles exports accounted up to $277M and imports accounted up to $4.96M, resulting in a positive trade balance of $272M. Between May 2021 and May 2022 the exports of China's Glass Bottles have increased by $63M (29.5%) from $214M to $277M, while imports decreased by $-1.43M (-22.4%) from $6.39M to $4.96M.
Destinations In May 2022, Glass Bottles were exported mostly to United States ($60.9M), Vietnam ($35.3M), Indonesia ($12.1M), United Arab Emirates ($12M), and Canada ($9.97M), and were imported mostly from Italy ($1M), Mexico ($638k), Japan ($601k), United States ($555k), and France ($356k).
Growth In May 2022, the increase in Glass Bottles's year-by-year exports was explained primarily by an increase in exports to Vietnam ($9.73M or 65.1%), Thailand ($3.71M or 122%), and Malaysia ($2.51M or 92.5%). In May 2022, the decrease in Glass Bottles's year-by-year imports was explained primarily by a decrease in imports from Hungary ($-140k or -45%), Taiwan ($-35k or -4.27%), and South Korea ($-18.2k or -16.7%).
EXPORT GROWTH (May 2021 - May 2022): $63M, (29.5%)
IMPORT GROWTH (May 2021 - May 2022): $-1.43M, (-22.4%)
MAIN EXPORTER (May 2022): Shandong Province, $67.9M
MAIN DESTINATION (May 2022): United States, $60.9M
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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EXPORTS (2020): $1.89B
IMPORTS (2020): $70.9M
NET TRADE (2020): $1.82B
In 2020, China exported $1.89B in Glass Bottles. The main destinations of China exports on Glass Bottles were United States ($322M), Vietnam ($197M), Canada ($85.9M), Philippines ($73.4M), and Indonesia ($71M).
In 2020, China imported $70.9M in Glass Bottles, mainly from Japan ($20.4M), France ($8.69M), Italy ($8.28M), Chinese Taipei ($7.69M), and United States ($5.22M).
IN 2020, China HAD A POSITIVE NET TRADE IN Glass Bottles WITH:
IN 2020, China HAD A NEGATIVE NET TRADE IN Glass Bottles WITH:: Belgium-Luxembourg , -$2.15M ($376k - $2.52M)
THE FASTEST GROWING Glass Bottles EXPORT MARKETS FOR China WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glass Bottles BY China WERE (2019 - 2020):
In 2019, China's main exporting competitors in Glass Bottles were:
In 2019, China's main importing competitors in Glass Bottles were:
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