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2022
Exports $6.41BWorld Rnk 3 / 221
Flag Rnk 37 / 96
2022
Destination $104M Canada
2021 - 2022
FASTEST GROWING MARKET $104MHong Kong
2022
PRODUCT COMPLEXITY IN Glass & glassware1.31Rnk 92 / 1025
2022
Imports $10.7BWorld Rnk 1 / 224
Flag Rnk 42 / 96
2022
Origin $234M China
2021 - 2022
FASTEST GROWING ORIGIN $234MMexico
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $6.41B in Glass & glassware, making it the 3rd largest exporter of Glass & glassware in the world. At the same year, Glass & glassware was the 37th most exported product in United States. The main destination of Glass & glassware exports from United States are: Canada ($1.79B), Mexico ($888M), Germany ($735M), China ($588M), and Japan ($427M).

The fastest growing export markets for Glass & glassware of United States between 2021 and 2022 were Hong Kong ($104M), Canada ($103M), and Japan ($39.9M).

Imports In 2022, United States imported $10.7B in Glass & glassware, becoming the 1st largest importer of Glass & glassware in the world. At the same year, Glass & glassware was the 42nd most imported product in United States. United States imports Glass & glassware primarily from: China ($3.74B), Mexico ($1.92B), Germany ($757M), Canada ($649M), and Japan ($365M).

The fastest growing import markets in Glass & glassware for United States between 2021 and 2022 were Mexico ($234M), China ($111M), and Peru ($77.1M).

COMPANIES In 2023, leading companies such as IKEA Group (7.01k), CrimsonLogic (4.4k), and Itourscm (1.81k) were at the forefront of shipping Glass & glassware to the United States.

Latest Trends

October 2024

About

Overview In October 2024 United States' Glass & glassware exports accounted up to $502M and imports accounted up to $785M, resulting in a negative trade balance of $283M. Between October 2023 and October 2024 the exports of United States'   Glass & glassware have decreased by $-44.5M (-8.13%) from $547M to $502M, while imports increased by $9.76M (1.26%) from $775M to $785M.

Destinations In October 2024, Glass & glassware were exported mostly to Canada ($123M), Mexico ($92.8M), Germany ($64.6M), China ($57.5M), and Japan ($44.1M), and were imported mostly from China ($220M), Mexico ($165M), Germany ($54.1M), Canada ($50.2M), and India ($33.7M).

Growth In October 2024, the decrease in Glass & glassware's year-by-year exports was explained primarily by a decrease in exports to Hong Kong ($-10.2M or -62.7%), China ($-3.89M or -10.4%), and Italy ($-2.24M or -36.9%). In October 2024, the increase in Glass & glassware's year-by-year imports was explained primarily by an increase in imports from N/A.

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$-44.5M(-8.13%)
IMPORT GROWTH (October 2023 - October 2024)$9.76M(1.26%)
MAIN EXPORTER (October 2024)Michigan$109M
MAIN DESTINATION (October 2024)Canada$123M

This section shows Glass & glassware's exports and imports data at subnational level for United States. 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)$6.41B
IMPORTS (2022)$10.7B
NET TRADE (2022)-$4.25B

In 2022, United States exported $6.41B in Glass & glassware. The main destinations of United States exports on Glass & glassware were Canada ($1.79B), Mexico ($888M), Germany ($735M), China ($588M), and Japan ($427M).

In 2022, United States imported $10.7B in Glass & glassware, mainly from China ($3.74B), Mexico ($1.92B), Germany ($757M), Canada ($649M), and Japan ($365M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Glass & glassware EXPORT MARKETS FOR United States WERE (2021 - 2022):
Hong Kong$104M (71.3%)
Canada$103M (6.13%)
Japan$39.9M (10.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glass & glassware BY United States WERE (2021 - 2022):
China-$187M (-24.1%)
Russia-$24.5M (-90.2%)
Switzerland-$12.6M (-30.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Glass & glassware were:
China $25.2B
Germany $7.92B
In 2022, United States's main importing competitors in Glass & glassware were:
Germany $6.38B
China $4.52B

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Trade Value of Glass & glassware by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $41.8M
TOP IMPORT POTENTIALCanada+ $160M

Glass & glassware’s highest export potential is India. With an export gap of $41.8M.   Glass & glassware’s highest import potential is Canada with an import gap of $160M.

See methodology.

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