Glass Beads7018 (Harmonized System 1992 for 4-digit)
2020 World Trade: $1.2B, Rnk 849 / 1217
2020 Top Exporter | Top Importer: $677M | $171M, China | India
2020 Product Complexity: 0.25, Rnk 465 / 1028
2019 - 2020 Export Growth (CAGR): -17.7%, Rnk 972 / 1217
2018 Mean Tariff: 11.3%, Rnk 345 / 1259
2020 Share of World Trade: 0.0072%, Rnk 849 / 1217
Overview This page contains the latest trade data of Glass Beads. In 2020, Glass Beads were the world's 849th most traded product, with a total trade of $1.2B. Between 2019 and 2020 the exports of Glass Beads decreased by -17.7%, from $1.46B to $1.2B. Trade in Glass Beads represent 0.0072% of total world trade.
Glass Beads are a part of Glass & glassware. They include Ornamental glass beads, pearls, stones, worked items, Articles of glass except jewellery nes, toy glass eye, and Glass microspheres < 1 mm in diameter.
Exports In 2020 the top exporters of Glass Beads were China ($677M), Austria ($82.4M), Czechia ($63M), France ($51M), and United States ($45.5M).
Imports In 2020 the top importers of Glass Beads were India ($171M), United States ($109M), United Arab Emirates ($65M), Germany ($57.8M), and South Korea ($45.2M).
Tariffs In 2018 the average tariff for Glass Beads was 11.3%, making it the 345th lowest tariff using the HS4 product classification.
Ranking Glass Beads ranks 465th in the Product Complexity Index (PCI).
Description Glass beads are used in the production of other goods. They can be made from a variety of materials, including lead glass, borosilicate glass, and soda-lime glass.
The following visualization shows the latest trends on Glass Beads. 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
Glass Beads are the world's 849th most traded product.
In 2020, the top exporters of Glass Beads were China ($677M), Austria ($82.4M), Czechia ($63M), France ($51M), and United States ($45.5M).
In 2020, the top importers of Glass Beads were India ($171M), United States ($109M), United Arab Emirates ($65M), Germany ($57.8M), and South Korea ($45.2M).
Trade by country
Top Origin Growth (2019 - 2020): Canada, $2.23M
Top Destination Growth (2019 - 2020): United Arab Emirates, $5M
Between 2019 and 2020, the exports of Glass Beads grew the fastest in Canada ($2.23M), Denmark ($2.08M), Serbia ($1.03M), Hong Kong ($981k), and United Arab Emirates ($711k).
Between 2019 and 2020, the fastest growing importers of Glass Beads were United Arab Emirates ($5M), Thailand ($4.8M), Oman ($2.23M), Sweden ($2.1M), and Czechia ($1.56M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Glass Beads.
In 2020, market concentration measured using Shannon Entropy, was 2.93. This means that most of the exports of Glass Beads are explained by 7 countries.
This map shows which countries export or import more of Glass Beads. Each country is colored based on the difference in exports and imports of Glass Beads during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Glass Beads were China ($636M), Austria ($62.3M), Czechia ($54.9M), France ($29.5M), and Japan ($13.4M).
In 2020, the countries that had a largest trade value in imports than in exports of Glass Beads were India ($140M), United States ($63.3M), United Arab Emirates ($52.8M), South Korea ($39.5M), and Italy ($38M).
In 2020, the world most traded Glass Beads, disaggragated by their HS6 level were Ornamental glass beads, pearls, stones, worked... ($621M), Glass microspheres < 1 mm in... ($321M), and Articles of glass except jewellery nes,... ($258M)
This visualization shows the countries that have an important ratio of their trade related to Glass Beads. It is possible to select the main countries that export or import Glass Beads 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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