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701020 (Harmonized System 1996 for 6-digit)

2022
World Trade $214MRnk 3761 / 4769
2022
Top Exporter | Top Importer $126M | $22.2MChina | France
2022
Product Complexity 0.51Rnk 1664 / 4776
2021 - 2022
Export Growth (CAGR) -23.9%Rnk 4511 / 4769
2022
Share of World Trade 0.0009%Rnk 3761 / 4769

About

Overview This page contains the latest trade data of Glass Closures like Stoppers & Lids. In 2022, Glass Closures like Stoppers & Lids were the world's 3761st most traded product, with a total trade of $214M. Between 2021 and 2022 the exports of Glass Closures like Stoppers & Lids decreased by -23.9%, from $281M to $214M. Trade in Glass Closures like Stoppers & Lids represent 0.0009% of total world trade.

Glass Closures like Stoppers & Lids are a part of Carboys, bottles, flasks, jars, pots, phials, ampoules, containers of glass of a....

Exports In 2022 the top exporters of Glass Closures like Stoppers & Lids  were China ($126M), Czechia ($20.2M), Austria ($9.4M), Germany ($8.45M), and France ($8.29M).

Imports In 2022 the top importers of Glass Closures like Stoppers & Lids were France ($22.2M), United States ($19.4M), Italy ($18.3M), Brazil ($10.9M), and Germany ($10.3M).

Ranking Glass Closures like Stoppers & Lids ranks 1664th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Glass Closures like Stoppers & Lids. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)China$126M
Top Destination (2022)France$22.2M

In 2022 Glass Closures like Stoppers & Lids were the world's 3761st most traded product (out of 4,769).

In 2022, the top exporters of Glass Closures like Stoppers & Lids were China ($126M), Czechia ($20.2M), Austria ($9.4M), Germany ($8.45M), and France ($8.29M).

In 2022, the top importers of Glass Closures like Stoppers & Lids were France ($22.2M), United States ($19.4M), Italy ($18.3M), Brazil ($10.9M), and Germany ($10.3M).

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Exporters of Glass Closures like Stoppers & Lids (2022)
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Importers of Glass Closures like Stoppers & Lids (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Austria$1.57M
Top Destination Growth (2021 -  2022)Indonesia$2.35M

Between 2021 and 2022, the exports of Glass Closures like Stoppers & Lids grew the fastest in Austria ($1.57M), Turkey ($788k), Poland ($619k), Vietnam ($346k), and Chinese Taipei ($237k).

Between 2021 and 2022, the fastest growing importers of Glass Closures like Stoppers & Lids were Indonesia ($2.35M), Tajikistan ($1.24M), Colombia ($912k), Philippines ($907k), and Portugal ($660k).

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Exporters of Glass Closures like Stoppers & Lids (2021 - 2022)

Importers of Glass Closures like Stoppers & Lids (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Glass Closures like Stoppers & Lids.

In 2022, market concentration measured using Shannon Entropy, was 2.68. This means that most of the exports of Glass Closures like Stoppers & Lids are explained by 6 countries.

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Value of Exports in Glass Closures like Stoppers & Lids

Net Trade

TOP NET EXPORTER (2022)China$125M
TOP NET IMPORTER (2022)United States$16.3M

This map shows which countries export or import more of Glass Closures like Stoppers & Lids. Each country is colored based on the difference in exports and imports of Glass Closures like Stoppers & Lids during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Glass Closures like Stoppers & Lids were China ($125M), Czechia ($13.2M), Austria ($7.65M), Kuwait ($1.18M), and Turkey ($662k).

In 2022, the countries that had a largest trade value in imports than in exports of Glass Closures like Stoppers & Lids were United States ($16.3M), France ($14M), Italy ($12.9M), Brazil ($10.8M), and South Korea ($7.96M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Glass Closures like Stoppers & Lids.
It is possible to select the main countries that export or import Glass Closures like Stoppers & Lids in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Glass Closures like Stoppers & Lids by percentage of total exports

Product Complexity

Diversification Frontier

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.

Relatedness vs Country Complexity (2022)

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