Safety Glass in China 2021 Exports | Imports : $4.08B | $255M, World Rnk 1 / 185 Rnk 159 / 1215 | World Rnk 14 / 224 Rnk 481 / 1214
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $103M | $30.9M, United States | Vietnam
2021 ECONOMIC COMPLEXITY of China: 1.07, Rnk 25 / 131
2021 PRODUCT COMPLEXITY IN Safety Glass: 0.64, Rnk 304 / 1029
Exports In 2021, China exported $4.08B in Safety Glass, making it the 1st largest exporter of Safety Glass in the world. At the same year, Safety Glass was the 159th most exported product in China. The main destination of Safety Glass exports from China are: United States ($602M), Vietnam ($414M), South Korea ($324M), Germany ($206M), and India ($177M).
The fastest growing export markets for Safety Glass of China between 2020 and 2021 were United States ($103M), India ($101M), and South Korea ($65.9M).
Imports In 2021, China imported $255M in Safety Glass, becoming the 14th largest importer of Safety Glass in the world. At the same year, Safety Glass was the 481st most imported product in China. China imports Safety Glass primarily from: Vietnam ($58.2M), Chinese Taipei ($36.4M), Hong Kong ($32.8M), Germany ($27.2M), and South Korea ($18.3M).
The fastest growing import markets in Safety Glass for China between 2020 and 2021 were Vietnam ($30.9M), South Korea ($8.71M), and Japan ($7.87M).
Tariffs In 2018, the average tariff for China in Safety Glass was 7.33%. The countries with the highest import tariffs for Safety Glass were Pakistan (Most Favoured Nation duty rate treatment, 20%), Bangladesh (Most Favoured Nation duty rate treatment, 14%), South Korea (Most Favoured Nation duty rate treatment, 14%), Hong Kong (Most Favoured Nation duty rate treatment, 12.5%), and Burkina Faso (Most Favoured Nation duty rate treatment, 9.14%).
February 2023
Overview In February 2023 China's Safety Glass exports accounted up to $292M and imports accounted up to $6.76M, resulting in a positive trade balance of $286M. Between February 2022 and February 2023 the exports of China's Safety Glass have increased by $69.4M (31.1%) from $223M to $292M, while imports decreased by $-5.43M (-44.5%) from $12.2M to $6.76M.
Destinations In February 2023, Safety Glass were exported mostly to Vietnam ($43.3M), India ($30.7M), United States ($30.1M), Thailand ($19.5M), and South Korea ($16.5M), and were imported mostly from Germany ($1.71M), United States ($1.33M), China ($799k), Japan ($735k), and Taiwan ($596k).
Growth In February 2023, the increase in Safety Glass's year-by-year exports was explained primarily by an increase in exports to Mexico ($6.57M or 80.9%), Australia ($3.76M or 39%), and Japan ($3.54M or 26.8%). In February 2023, the decrease in Safety Glass's year-by-year imports was explained primarily by a decrease in imports from United States ($-1.15M or -40.6%), Italy ($-672k or -40.4%), and China ($-654k or -21.7%).
EXPORT GROWTH (February 2022 - February 2023): $69.4M, (31.1%)
IMPORT GROWTH (February 2022 - February 2023): $-5.43M, (-44.5%)
MAIN EXPORTER (February 2023): Guangdong Province, $63.1M
MAIN DESTINATION (February 2023): Vietnam, $43.3M
This section shows Safety 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 Safety Glass over time.
For full datasets download visit Bulk Download page.
EXPORTS (2021): $4.08B
IMPORTS (2021): $255M
NET TRADE (2021): $3.83B
In 2021, China exported $4.08B in Safety Glass. The main destinations of China exports on Safety Glass were United States ($602M), Vietnam ($414M), South Korea ($324M), Germany ($206M), and India ($177M).
In 2021, China imported $255M in Safety Glass, mainly from Vietnam ($58.2M), Chinese Taipei ($36.4M), Hong Kong ($32.8M), Germany ($27.2M), and South Korea ($18.3M).
THE FASTEST GROWING Safety Glass EXPORT MARKETS FOR China WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Safety Glass BY China WERE (2020 - 2021):
In 2021, China's main importing competitors in Safety Glass were:
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