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Pricing

Prepared glues and other prepared adhesives, n.e.c. or included; products suitable for use as glues or adhesives, put up for retail sale as glues or adhesives, not exceeding 1kg net weight

3506 (Harmonized System 1992 for 4-digit)

2023
World Trade $13.9BRnk 284 / 1217
2023
Top Exporter | Top Importer $2.48B | $1.3BGermany | China
2023
Product Complexity 1.03Rnk 168 / 1044
2022 - 2023
Export Growth (CAGR) -4.59%Rnk 554 / 1217
2023
Share of World Trade 0.062%Rnk 284 / 1217

About

Overview This page contains the latest trade data of Glues. In 2023, Glues were the world's 284th most traded product, with a total trade of $13.9B. Between 2022 and 2023 the exports of Glues decreased by -4.59%, from $14.6B to $13.9B. Trade in Glues represent 0.062% of total world trade.

Glues are a part of Glues, starches, & albuminoid products. They include Adhesives based on rubber or plastic, package >1 kg, Glues and adhesives of all kinds, package <1 kg, and Glues or adhesives, prepared nes, package > 1kg.

Exports In 2023 the top exporters of Glues  were Germany ($2.48B), China ($2.2B), United States ($1.76B), South Korea ($684M), and Italy ($657M).

Imports In 2023 the top importers of Glues were China ($1.3B), Germany ($853M), Mexico ($646M), United States ($644M), and Vietnam ($607M).

Ranking Glues ranks 168th in the Product Complexity Index (PCI).

Description Prepared glues and other prepared adhesives are commonly used in construction, engineering, and home improvement. Glues and adhesives are also used in automotive repair, carpet installation, and furniture assembly.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Glues. 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)Germany$2.48B
Top Destination (2023)China$1.3B

In 2023 Glues were the world's 284th most traded product (out of 1,217).

In 2023, the top exporters of Glues were Germany ($2.48B), China ($2.2B), United States ($1.76B), South Korea ($684M), and Italy ($657M).

In 2023, the top importers of Glues were China ($1.3B), Germany ($853M), Mexico ($646M), United States ($644M), and Vietnam ($607M).

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Exporters of Glues (2023)
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Importers of Glues (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Switzerland$30.6M
Top Destination Growth (2022 -  2023)Philippines$66M

Between 2022 and 2023, the exports of Glues grew the fastest in Switzerland ($30.6M), Poland ($30.6M), Turkey ($24.8M), Belgium ($9.78M), and Ireland ($8.35M).

Between 2022 and 2023, the fastest growing importers of Glues were Philippines ($66M), Mexico ($30M), Turkey ($28.2M), Spain ($25.2M), and Luxembourg ($23.1M).

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Exporters of Glues (2022 - 2023)

Importers of Glues (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Glues.

In 2023, market concentration measured using Shannon Entropy, was 4.34. This means that most of the exports of Glues are explained by 20 countries.

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Value of Exports in Glues

Net Trade

TOP NET EXPORTER (2023)Germany$1.63B
TOP NET IMPORTER (2023)Vietnam$518M

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

In 2023, the countries that had a largest trade value in exports than in imports of Glues were Germany ($1.63B), United States ($1.12B), China ($901M), Japan ($541M), and South Korea ($434M).

In 2023, the countries that had a largest trade value in imports than in exports of Glues were Vietnam ($518M), Mexico ($469M), Canada ($370M), Russia ($363M), and Poland ($204M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Glues, disaggragated by their HS6 level were Adhesives based on rubber or plastic,... ($8.32B), Glues and adhesives of all kinds,... ($3.62B), and Glues or adhesives, prepared nes, package... ($2B)

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

Top 10 Exporters Countries of Glues by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $36.7M
TOP IMPORT POTENTIALChina+ $44.7M

Glues’s highest export potential is China. With an export gap of $36.7M.  Glues’s highest import potential is China with an import gap of $44.7M.

See methodology.

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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 Glues.

Country by Relatedness

The following visualization shows the relatedness of Glues 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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