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701990 (Harmonized System 1992 for 6-digit)

2022
World Trade $5.27BRnk 727 / 4648
2022
Top Exporter | Top Importer $1.17B | $692MChina | United States
2022
Product Complexity 0.16Rnk 2259 / 4653
2021 - 2022
Export Growth (CAGR) 60.7%Rnk 123 / 4648
2022
Share of World Trade 0.022%Rnk 727 / 4648

About

Overview This page contains the latest trade data of Glass fibres, glass wool and articles thereof nes. In 2022, Glass fibres, glass wool and articles thereof nes were the world's 727th most traded product, with a total trade of $5.27B. Between 2021 and 2022 the exports of Glass fibres, glass wool and articles thereof nes grew by 60.7%, from $3.28B to $5.27B. Trade in Glass fibres, glass wool and articles thereof nes represent 0.022% of total world trade.

Glass fibres, glass wool and articles thereof nes are a part of Glass Fibers.

Exports In 2022 the top exporters of Glass fibres, glass wool and articles thereof nes  were China ($1.17B), United States ($677M), Germany ($369M), Canada ($235M), and Belgium ($211M).

Imports In 2022 the top importers of Glass fibres, glass wool and articles thereof nes were United States ($692M), France ($343M), Germany ($299M), Mexico ($285M), and China ($249M).

Ranking Glass fibres, glass wool and articles thereof nes ranks 2259th in the Product Complexity Index (PCI).

Description Glass fibres are made from molten glass and are used for insulation. Glass wool is made from molten glass, wool and other fibres and are used as insulation and soundproofing material. Articles such as glass wool insulation, glass wool curtains and glass fibre curtains are made from glass fibres and used for insulation and soundproofing.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Glass fibres, glass wool and articles thereof 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.

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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$1.17B
Top Destination (2022)United States$692M

In 2022 Glass fibres, glass wool and articles thereof nes were the world's 727th most traded product (out of 4,648).

In 2022, the top exporters of Glass fibres, glass wool and articles thereof nes were China ($1.17B), United States ($677M), Germany ($369M), Canada ($235M), and Belgium ($211M).

In 2022, the top importers of Glass fibres, glass wool and articles thereof nes were United States ($692M), France ($343M), Germany ($299M), Mexico ($285M), and China ($249M).

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Exporters of Glass fibres, glass wool and articles thereof nes (2022)
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Importers of Glass fibres, glass wool and articles thereof nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$302M
Top Destination Growth (2021 -  2022)United States$277M

Between 2021 and 2022, the exports of Glass fibres, glass wool and articles thereof nes grew the fastest in United States ($302M), China ($292M), Canada ($150M), United Kingdom ($136M), and Belgium ($125M).

Between 2021 and 2022, the fastest growing importers of Glass fibres, glass wool and articles thereof nes were United States ($277M), Canada ($147M), France ($130M), Germany ($95M), and Netherlands ($69.5M).

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Exporters of Glass fibres, glass wool and articles thereof nes (2021 - 2022)

Importers of Glass fibres, glass wool and articles thereof nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Glass fibres, glass wool and articles thereof nes.

In 2022, market concentration measured using Shannon Entropy, was 4.57. This means that most of the exports of Glass fibres, glass wool and articles thereof nes are explained by 23 countries.

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Value of Exports in Glass fibres, glass wool and articles thereof nes

Net Trade

TOP NET EXPORTER (2022)China$917M
TOP NET IMPORTER (2022)France$225M

This map shows which countries export or import more of Glass fibres, glass wool and articles thereof nes. Each country is colored based on the difference in exports and imports of Glass fibres, glass wool and articles thereof nes during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Glass fibres, glass wool and articles thereof nes were China ($917M), Belgium ($138M), Sweden ($110M), Spain ($94.5M), and Egypt ($80.7M).

In 2022, the countries that had a largest trade value in imports than in exports of Glass fibres, glass wool and articles thereof nes were France ($225M), Mexico ($124M), Poland ($90.9M), Japan ($86.6M), and South Korea ($79.9M).

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 fibres, glass wool and articles thereof nes.
It is possible to select the main countries that export or import Glass fibres, glass wool and articles thereof nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Glass fibres, glass wool and articles thereof nes 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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