Insulating Glass in China 2021 Exports | Imports : $282M | $8.42M, World Rnk 3 / 117 Rnk 670 / 1215 | World Rnk 48 / 198 Rnk 1033 / 1214
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $22.6M | $3.98M, Hong Kong | Spain
2021 ECONOMIC COMPLEXITY of China: 1.07, Rnk 25 / 131
2021 PRODUCT COMPLEXITY IN Insulating Glass: 0.68, Rnk 284 / 1024
Exports In 2021, China exported $282M in Insulating Glass, making it the 3rd largest exporter of Insulating Glass in the world. At the same year, Insulating Glass was the 670th most exported product in China. The main destination of Insulating Glass exports from China are: Hong Kong ($38.5M), United States ($25.9M), Australia ($20M), Philippines ($17.7M), and Thailand ($17.6M).
The fastest growing export markets for Insulating Glass of China between 2020 and 2021 were Hong Kong ($22.6M), Qatar ($8.44M), and Macau ($5.19M).
Imports In 2021, China imported $8.42M in Insulating Glass, becoming the 48th largest importer of Insulating Glass in the world. At the same year, Insulating Glass was the 1033rd most imported product in China. China imports Insulating Glass primarily from: Spain ($3.98M), Germany ($1.97M), United States ($1.49M), Italy ($759k), and Chinese Taipei ($76.5k).
The fastest growing import markets in Insulating Glass for China between 2020 and 2021 were Spain ($3.98M), United States ($1.49M), and Germany ($1M).
June 2023
Overview In June 2023 China's Insulating Glass exports accounted up to $22M and imports accounted up to $369k, resulting in a positive trade balance of $21.7M. Between June 2022 and June 2023 the exports of China's Insulating Glass have decreased by $-5.56M (-20.1%) from $27.6M to $22M, while imports increased by $350k (1.85k%) from $19k to $369k.
Destinations In June 2023, Insulating Glass were exported mostly to Australia ($2.46M), United States ($2.31M), Hong Kong ($2.04M), Vietnam ($1.51M), and Singapore ($1.47M), and were imported mostly from Germany ($351k), Poland ($7.58k), Japan ($4.67k), Taiwan ($2.74k), and India ($969).
Growth In June 2023, the decrease in Insulating Glass's year-by-year exports was explained primarily by a decrease in exports to Hong Kong ($-3.2M or -57.5%), Philippines ($-954k or -66.4%), and United Arab Emirates ($-669k or -78%). In June 2023, the increase in Insulating Glass's year-by-year imports was explained primarily by an increase in imports from Taiwan ($1.5k or 156%).
EXPORT GROWTH (June 2022 - June 2023): $-5.56M, (-20.1%)
IMPORT GROWTH (June 2022 - June 2023): $350k, (1.85k%)
MAIN EXPORTER (June 2023): Guangdong Province, $9.43M
MAIN DESTINATION (June 2023): Australia, $2.46M
This section shows Insulating Glass'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 Insulating Glass over time.
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EXPORTS (2021): $282M
IMPORTS (2021): $8.42M
NET TRADE (2021): $273M
In 2021, China exported $282M in Insulating Glass. The main destinations of China exports on Insulating Glass were Hong Kong ($38.5M), United States ($25.9M), Australia ($20M), Philippines ($17.7M), and Thailand ($17.6M).
In 2021, China imported $8.42M in Insulating Glass, mainly from Spain ($3.98M), Germany ($1.97M), United States ($1.49M), Italy ($759k), and Chinese Taipei ($76.5k).
THE FASTEST GROWING Insulating Glass EXPORT MARKETS FOR China WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insulating Glass BY China WERE (2020 - 2021):
In 2021, China's main exporting competitors in Insulating Glass were:
In 2021, China's main importing competitors in Insulating Glass were:
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