Glass Fibers7019 (Harmonized System 1992 for 4-digit)
2020 World Trade: $11.7B, Rnk 270 / 1217
2020 Top Exporter | Top Importer: $2.29B | $1.23B, China | United States
2020 Product Complexity: 0.52, Rnk 348 / 1028
2019 - 2020 Export Growth (CAGR): -7.24%, Rnk 614 / 1217
2018 Mean Tariff: 6.18%, Rnk 685 / 1259
2020 Share of World Trade: 0.07%, Rnk 270 / 1217
Overview This page contains the latest trade data of Glass Fibers. In 2020, Glass Fibers were the world's 270th most traded product, with a total trade of $11.7B. Between 2019 and 2020 the exports of Glass Fibers decreased by -7.24%, from $12.7B to $11.7B. Trade in Glass Fibers represent 0.07% of total world trade.
Glass Fibers are a part of Glass & glassware. They include Slivers, rovings, yarn and chopped strands of glass, Woven fabric of glass fibres, Glass fibres, glass wool and articles thereof nes, Webs, mattresses, other nonwoven fibreglass products, Mats of glass fibres, and Thin sheets (voiles) of glass fibres.
Exports In 2020 the top exporters of Glass Fibers were China ($2.29B), United States ($1.15B), Germany ($859M), Belgium ($593M), and France ($488M).
Imports In 2020 the top importers of Glass Fibers were United States ($1.23B), Germany ($1.1B), China ($669M), France ($618M), and South Korea ($484M).
Tariffs In 2018 the average tariff for Glass Fibers was 6.18%, making it the 685th lowest tariff using the HS4 product classification.
Ranking Glass Fibers ranks 348th 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.
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.
* Using January 2020 exchange rates when trade data is reported in local currency.
Trade By Country
Top Origin (2020): China, $2.29B
Top Destination (2020): United States, $1.23B
Glass Fibers are the world's 270th most traded product.
In 2020, the top exporters of Glass Fibers were China ($2.29B), United States ($1.15B), Germany ($859M), Belgium ($593M), and France ($488M).
In 2020, the top importers of Glass Fibers were United States ($1.23B), Germany ($1.1B), China ($669M), France ($618M), and South Korea ($484M).
Trade by country
Between 2019 and 2020, the exports of Glass Fibers grew the fastest in Japan ($39.9M), Hong Kong ($33.4M), Egypt ($23.5M), Czechia ($21.5M), and Spain ($12.7M).
Between 2019 and 2020, the fastest growing importers of Glass Fibers were China ($61.5M), Turkey ($37.2M), South Korea ($34.8M), Hong Kong ($18.4M), and Chinese Taipei ($18.3M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Glass Fibers.
In 2020, market concentration measured using Shannon Entropy, was 4.69. This means that most of the exports of Glass Fibers are explained by 25 countries.
TOP NET EXPORTER (2020): China, $1.62B
TOP NET IMPORTER (2020): South Korea, $350M
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 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Glass Fibers were China ($1.62B), Egypt ($320M), Belgium ($317M), Czechia ($303M), and Malaysia ($295M).
In 2020, the countries that had a largest trade value in imports than in exports of Glass Fibers were South Korea ($350M), Germany ($238M), Canada ($188M), Poland ($188M), and Turkey ($173M).
In 2020, the world most traded Glass Fibers, disaggragated by their HS6 level were Slivers, rovings, yarn and chopped strands... ($3.09B), Glass fibres, glass wool and articles... ($2.78B), Woven fabric of glass fibres ($2.53B), Webs, mattresses, other nonwoven fibreglass products ($1.95B), and Mats of glass fibres ($714M)
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.
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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