Articles of glass, nes702000 (Harmonized System 1992 for 6-digit)
2020 World Trade: $4.18B, Rnk 698 / 4613
2020 Top Exporter | Top Importer: $1.05B | $597M, China | Singapore
2020 Product Complexity: 0.5, Rnk 1642 / 4783
2019 - 2020 Export Growth (CAGR): 2.78%, Rnk 922 / 4613
2018 Mean Tariff: 9.46%, Rnk 2396 / 6538
2020 Share of World Trade: 0.025%, Rnk 698 / 4613
Overview This page contains the latest trade data of Articles of glass, nes. In 2020, Articles of glass, nes were the world's 698th most traded product, with a total trade of $4.18B. Between 2019 and 2020 the exports of Articles of glass, nes grew by 2.78%, from $4.07B to $4.18B. Trade in Articles of glass, nes represent 0.025% of total world trade.
Articles of glass, nes are a part of Other Glass Articles.
Exports In 2020 the top exporters of Articles of glass, nes were China ($1.05B), Vietnam ($637M), Japan ($514M), Germany ($457M), and United States ($254M).
Imports In 2020 the top importers of Articles of glass, nes were Singapore ($597M), United States ($404M), Japan ($353M), China ($336M), and Chinese Taipei ($307M).
Tariffs In 2018 the average tariff for Articles of glass, nes was 9.46%, making it the 2396th lowest tariff using the HS6 product classification.
Ranking Articles of glass, nes ranks 1642nd in the Product Complexity Index (PCI).
Description The most common use of articles of glass is for drinking vessels. They are also used in window panes and bottles.
The following visualization shows the latest trends on Articles of glass, nes. Countries are shown based on data availability.
For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.
* Using January 2020 exchange rates when trade data is reported in local currency.
Trade By Country
Articles of glass, nes are the world's 698th most traded product.
In 2020, the top exporters of Articles of glass, nes were China ($1.05B), Vietnam ($637M), Japan ($514M), Germany ($457M), and United States ($254M).
In 2020, the top importers of Articles of glass, nes were Singapore ($597M), United States ($404M), Japan ($353M), China ($336M), and Chinese Taipei ($307M).
Trade by country
Top Origin Growth (2019 - 2020): China, $78.8M
Top Destination Growth (2019 - 2020): Singapore, $98.1M
Between 2019 and 2020, the exports of Articles of glass, nes grew the fastest in China ($78.8M), Germany ($67.6M), Vietnam ($61.5M), Thailand ($14.2M), and South Korea ($13.5M).
Between 2019 and 2020, the fastest growing importers of Articles of glass, nes were Singapore ($98.1M), China ($75.7M), South Korea ($41.5M), Chinese Taipei ($41.3M), and Japan ($39.7M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Articles of glass, nes.
In 2020, market concentration measured using Shannon Entropy, was 3.73. This means that most of the exports of Articles of glass, nes are explained by 13 countries.
This map shows which countries export or import more of Articles of glass, nes. Each country is colored based on the difference in exports and imports of Articles of glass, nes during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Articles of glass, nes were China ($709M), Vietnam ($574M), Germany ($245M), Japan ($161M), and Thailand ($100M).
In 2020, the countries that had a largest trade value in imports than in exports of Articles of glass, nes were Singapore ($584M), Chinese Taipei ($230M), Malaysia ($195M), United States ($151M), and France ($79.3M).
This visualization shows the countries that have an important ratio of their trade related to Articles of glass, nes. It is possible to select the main countries that export or import Articles of glass, nes in the world, or by continent, as well as select the measure of interest.
The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.
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