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2022
Exports $25.2BWorld Rnk 1 / 221
Flag Rnk 27 / 96
2022
Destination $336M United States
2021 - 2022
FASTEST GROWING MARKET $336MIndia
2022
PRODUCT COMPLEXITY IN Glass & glassware1.31Rnk 92 / 1025
2022
Imports $4.52BWorld Rnk 3 / 224
Flag Rnk 40 / 96
2022
Origin $77M South Korea
2021 - 2022
FASTEST GROWING ORIGIN $77MSouth Korea
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $25.2B in Glass & glassware, making it the 1st largest exporter of Glass & glassware in the world. At the same year, Glass & glassware was the 27th most exported product in China. The main destination of Glass & glassware exports from China are: United States ($3.74B), Vietnam ($1.51B), South Korea ($1.21B), India ($1.12B), and Hong Kong ($1.03B).

The fastest growing export markets for Glass & glassware of China between 2021 and 2022 were India ($336M), Vietnam ($313M), and Philippines ($175M).

Imports In 2022, China imported $4.52B in Glass & glassware, becoming the 3rd largest importer of Glass & glassware in the world. At the same year, Glass & glassware was the 40th most imported product in China. China imports Glass & glassware primarily from: South Korea ($942M), Chinese Taipei ($770M), Japan ($696M), United States ($588M), and Germany ($468M).

The fastest growing import markets in Glass & glassware for China between 2021 and 2022 were South Korea ($77M), Philippines ($12.8M), and United Kingdom ($7.32M).

COMPANIES In 2023, leading companies such as CrimsonLogic (4.4k), IKEA Group (2.29k), and Itourscm (1.81k) were at the forefront of shipping Glass & glassware from China to the United States.

Latest Trends

October 2024

About

Overview In October 2024 China's Glass & glassware exports accounted up to $2.13B and imports accounted up to $513M, resulting in a positive trade balance of $1.62B. Between October 2023 and October 2024 the exports of China's   Glass & glassware have increased by $150M (7.55%) from $1.98B to $2.13B, while imports increased by $32.9M (6.85%) from $480M to $513M.

Destinations In October 2024, Glass & glassware were exported mostly to United States ($366M), India ($165M), South Korea ($86.3M), Hong Kong ($86.2M), and Vietnam ($70.7M), and were imported mostly from South Korea ($183M), Japan ($86.4M), Chinese Taipei ($79.1M), United States ($60.5M), and Germany ($29.5M).

Growth In October 2024, the increase in Glass & glassware's year-by-year exports was explained primarily by an increase in exports to India ($48.9M or 34.4%), Turkey ($34.2M or 118%), and Israel ($15M or 120%). In October 2024, the increase in Glass & glassware's year-by-year imports was explained primarily by an increase in imports from France ($2.72M or 58%), Sweden ($2.2M or 86.9%), and Serbia ($472k or 181%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$150M(7.55%)
IMPORT GROWTH (October 2023 - October 2024)$32.9M(6.85%)
MAIN EXPORTER (October 2024)Zhejiang Province$676M
MAIN DESTINATION (October 2024)United States$366M

This section shows Glass & glassware'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 & glassware over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$25.2B
IMPORTS (2022)$4.52B
NET TRADE (2022)$20.7B

In 2022, China exported $25.2B in Glass & glassware. The main destinations of China exports on Glass & glassware were United States ($3.74B), Vietnam ($1.51B), South Korea ($1.21B), India ($1.12B), and Hong Kong ($1.03B).

In 2022, China imported $4.52B in Glass & glassware, mainly from South Korea ($942M), Chinese Taipei ($770M), Japan ($696M), United States ($588M), and Germany ($468M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Glass & glassware EXPORT MARKETS FOR China WERE (2021 - 2022):
India$336M (42.8%)
Vietnam$313M (26.1%)
Philippines$175M (54.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glass & glassware BY China WERE (2021 - 2022):
Hong Kong-$490M (-32.2%)
China-$248M (-54.6%)
United Kingdom-$171M (-23.7%)
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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 & glassware were:
Germany $7.92B
United States $6.41B
In 2022, China's main importing competitors in Glass & glassware were:
United States $10.7B
Germany $6.38B

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Trade Value of Glass & glassware by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $456M
TOP IMPORT POTENTIALIndia+ $36.2M

Glass & glassware’s highest export potential is India. With an export gap of $456M.   Glass & glassware’s highest import potential is India with an import gap of $36.2M.

See methodology.

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