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Machines; for assembling electric or electronic lamps, tubes, valves, flash-bulbs, in glass envelopes, machines for manufacturing or hot working glass or glassware

8475 (Harmonized System 1992 for 4-digit)

2023
World Trade $4.06BRnk 599 / 1217
2023
Top Exporter | Top Importer $622M | $428MSingapore | Belgium
2023
Product Complexity 1.59Rnk 26 / 1044
2022 - 2023
Export Growth (CAGR) -25.1%Rnk 1108 / 1217
2023
Share of World Trade 0.018%Rnk 599 / 1217

About

Overview This page contains the latest trade data of Glass Working Machines. In 2023, Glass Working Machines were the world's 599th most traded product, with a total trade of $4.06B. Between 2022 and 2023 the exports of Glass Working Machines decreased by -25.1%, from $5.42B to $4.06B. Trade in Glass Working Machines represent 0.018% of total world trade.

Glass Working Machines are a part of Machinery, mechanical appliances, & parts. They include Parts of hot glass working machines, Machines for manufacturing or hot working glass nes, and Machines to assemble electric lamps, glass envelope.

Exports In 2023 the top exporters of Glass Working Machines  were Singapore ($622M), Germany ($579M), United States ($502M), China ($404M), and Italy ($343M).

Imports In 2023 the top importers of Glass Working Machines were Belgium ($428M), China ($418M), Chinese Taipei ($312M), South Korea ($309M), and Singapore ($258M).

Ranking Glass Working Machines ranks 26th in the Product Complexity Index (PCI).

Description Machines for assembling electric or electronic lamps, tubes or valves or flashbulbs are used to assemble other goods. They can be made from a variety of materials, including steel and aluminum.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Glass Working Machines. 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)Singapore$622M
Top Destination (2023)Belgium$428M

In 2023 Glass Working Machines were the world's 599th most traded product (out of 1,217).

In 2023, the top exporters of Glass Working Machines were Singapore ($622M), Germany ($579M), United States ($502M), China ($404M), and Italy ($343M).

In 2023, the top importers of Glass Working Machines were Belgium ($428M), China ($418M), Chinese Taipei ($312M), South Korea ($309M), and Singapore ($258M).

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Exporters of Glass Working Machines (2023)
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Importers of Glass Working Machines (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Malaysia$54.2M
Top Destination Growth (2022 -  2023)Tanzania$62.2M

Between 2022 and 2023, the exports of Glass Working Machines grew the fastest in Malaysia ($54.2M), Sweden ($39.8M), China ($31M), Switzerland ($29.2M), and Bahrain ($27.7M).

Between 2022 and 2023, the fastest growing importers of Glass Working Machines were Tanzania ($62.2M), Hungary ($28.2M), Portugal ($23M), United Arab Emirates ($22M), and Romania ($19.8M).

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Exporters of Glass Working Machines (2022 - 2023)

Importers of Glass Working Machines (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Glass Working Machines.

In 2023, market concentration measured using Shannon Entropy, was 4.04. This means that most of the exports of Glass Working Machines are explained by 16 countries.

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Value of Exports in Glass Working Machines

Net Trade

TOP NET EXPORTER (2023)Germany$440M
TOP NET IMPORTER (2023)Belgium$326M

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

In 2023, the countries that had a largest trade value in exports than in imports of Glass Working Machines were Germany ($440M), Singapore ($364M), United States ($257M), Italy ($240M), and Japan ($197M).

In 2023, the countries that had a largest trade value in imports than in exports of Glass Working Machines were Belgium ($326M), South Korea ($275M), Chinese Taipei ($219M), Mexico ($129M), and Czechia ($72.7M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Glass Working Machines, disaggragated by their HS6 level were Parts of hot glass working machines ($2.72B), Machines for manufacturing or hot working... ($1.28B), and Machines to assemble electric lamps, glass... ($65M)

HS6 Disaggregation for Glass Working Machines (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 Working Machines.
It is possible to select the main countries that export or import Glass Working Machines in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Glass Working Machines by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $4.21M
TOP IMPORT POTENTIALMalaysia+ $4.04M

Glass Working Machines’s highest export potential is India. With an export gap of $4.21M.  Glass Working Machines’s highest import potential is Malaysia with an import gap of $4.04M.

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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 Working Machines.

Country by Relatedness

The following visualization shows the relatedness of Glass Working Machines 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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