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Glass fibres (including glass wool) and articles thereof (e.g. yarn, woven fabrics)

7019 (Harmonized System 1992 for 4-digit)

2023
World Trade $13.6BRnk 290 / 1217
2023
Top Exporter | Top Importer $2.89B | $1.62BChina | United States
2023
Product Complexity 0.6Rnk 334 / 1044
2022 - 2023
Export Growth (CAGR) -11.5%Rnk 796 / 1217
2023
Share of World Trade 0.06%Rnk 290 / 1217

About

Overview This page contains the latest trade data of Glass Fibers. In 2023, Glass Fibers were the world's 290th most traded product, with a total trade of $13.6B. Between 2022 and 2023 the exports of Glass Fibers decreased by -11.5%, from $15.3B to $13.6B. Trade in Glass Fibers represent 0.06% of total world trade.

Glass Fibers are a part of Glass & glassware. They include Slivers, rovings, yarn and chopped strands of glass, Glass fibres, glass wool and articles thereof nes, Woven fabric of glass fibres, Webs, mattresses, other nonwoven fibreglass products, Mats of glass fibres, and Thin sheets (voiles) of glass fibres.

Exports In 2023 the top exporters of Glass Fibers  were China ($2.89B), United States ($1.44B), Germany ($917M), Belgium ($747M), and France ($605M).

Imports In 2023 the top importers of Glass Fibers were United States ($1.62B), Germany ($1.18B), France ($765M), Mexico ($709M), and China ($645M).

Ranking Glass Fibers ranks 334th in the Product Complexity Index (PCI).

Description Glass fibres are used in the production of other goods. They can be made from a variety of materials, including cotton, wool, silk, and polyester.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Glass Fibers. 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 (2023)China$2.89B
Top Destination (2023)United States$1.62B

In 2023 Glass Fibers were the world's 290th most traded product (out of 1,217).

In 2023, the top exporters of Glass Fibers were China ($2.89B), United States ($1.44B), Germany ($917M), Belgium ($747M), and France ($605M).

In 2023, the top importers of Glass Fibers were United States ($1.62B), Germany ($1.18B), France ($765M), Mexico ($709M), and China ($645M).

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Exporters of Glass Fibers (2023)
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Importers of Glass Fibers (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$192M
Top Destination Growth (2022 -  2023)Mexico$234M

Between 2022 and 2023, the exports of Glass Fibers grew the fastest in United States ($192M), United Kingdom ($24.2M), Saudi Arabia ($20.8M), France ($16.8M), and Canada ($13.2M).

Between 2022 and 2023, the fastest growing importers of Glass Fibers were Mexico ($234M), Singapore ($15.5M), Oman ($10.9M), Ukraine ($9.94M), and United Arab Emirates ($7.91M).

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Exporters of Glass Fibers (2022 - 2023)

Importers of Glass Fibers (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Glass Fibers.

In 2023, market concentration measured using Shannon Entropy, was 4.63. This means that most of the exports of Glass Fibers are explained by 24 countries.

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Value of Exports in Glass Fibers

Net Trade

TOP NET EXPORTER (2023)China$2.25B
TOP NET IMPORTER (2023)South Korea$330M

This map shows which countries export or import more of Glass Fibers. Each country is colored based on the difference in exports and imports of Glass Fibers during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Glass Fibers were China ($2.25B), Belgium ($513M), Chinese Taipei ($339M), Czechia ($313M), and Malaysia ($284M).

In 2023, the countries that had a largest trade value in imports than in exports of Glass Fibers were South Korea ($330M), Italy ($282M), Germany ($260M), Turkey ($235M), and Canada ($211M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Glass Fibers, disaggragated by their HS6 level were Glass fibres, glass wool and articles... ($5.05B), Slivers, rovings, yarn and chopped strands... ($3.4B), Woven fabric of glass fibres ($1.82B), Mats of glass fibres ($1.29B), and Webs, mattresses, other nonwoven fibreglass products ($1.13B)

HS6 Disaggregation for Glass Fibers (2023)
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Country Comparison

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Ranking

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

Top 10 Exporters Countries of Glass Fibers by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $102M
TOP IMPORT POTENTIALGermany+ $17.3M

Glass Fibers’s highest export potential is India. With an export gap of $102M.  Glass Fibers’s highest import potential is Germany with an import gap of $17.3M.

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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 (2023)

Related Products

This visualization shows products that are likely to be exported by countries that export Glass Fibers.

Country by Relatedness

The following visualization shows the relatedness of Glass Fibers to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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