HS Icon Articles of glass, nes

702000 (Harmonized System 1992 for 6-digit)

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.

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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.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2020): China, $1.05B

Top Destination (2020): Singapore, $597M

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).

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Market Dynamics

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Trade by country

Value

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).

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Market Concentration

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Cumulative market share

Value

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.

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TOP NET EXPORTER (2020): China, $709M

TOP NET IMPORTER (2020): Singapore, $584M

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).

Country Comparison

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Ranking

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.

Product Complexity

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Diversification Frontier

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Specialization

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.