701720 (Harmonized System 1992 for 6-digit)

About

Overview This page contains the latest trade data of Low expansion laboratory, hygienic, pharmacy glasswar. In 2023, Low expansion laboratory, hygienic, pharmacy glasswar were the world's 3119th most traded product, with a total trade of $381M. Between 2022 and 2023 the exports of Low expansion laboratory, hygienic, pharmacy glasswar decreased by -4.62%, from $400M to $381M. Trade in Low expansion laboratory, hygienic, pharmacy glasswar represent 0.0017% of total world trade.

Low expansion laboratory, hygienic, pharmacy glasswar are a part of Laboratory Glassware.

Exports In 2023 the top exporters of Low expansion laboratory, hygienic, pharmacy glasswar  were Germany ($117M), United States ($57.9M), Sweden ($40.8M), Czechia ($19.6M), and China ($17.6M).

Imports In 2023 the top importers of Low expansion laboratory, hygienic, pharmacy glasswar were United States ($63.4M), Germany ($43.3M), China ($25.9M), France ($18.6M), and Netherlands ($18M).

Ranking Low expansion laboratory, hygienic, pharmacy glasswar ranks 357th in the Product Complexity Index (PCI).

Description This type of glassware is used for storing and dispensing solutions and reagents and in laboratories for chemical reactions.

Latest Data

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The following visualization shows the latest trends on Low expansion laboratory, hygienic, pharmacy glasswar. 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$117M
Top Destination (2023)United States$63.4M

In 2023 Low expansion laboratory, hygienic, pharmacy glasswar were the world's 3119th most traded product (out of 4,644).

In 2023, the top exporters of Low expansion laboratory, hygienic, pharmacy glasswar were Germany ($117M), United States ($57.9M), Sweden ($40.8M), Czechia ($19.6M), and China ($17.6M).

In 2023, the top importers of Low expansion laboratory, hygienic, pharmacy glasswar were United States ($63.4M), Germany ($43.3M), China ($25.9M), France ($18.6M), and Netherlands ($18M).

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Exporters of Low expansion laboratory, hygienic, pharmacy glasswar (2023)
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Importers of Low expansion laboratory, hygienic, pharmacy glasswar (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Switzerland$3.36M
Top Destination Growth (2022 -  2023)Netherlands$4.13M

Between 2022 and 2023, the exports of Low expansion laboratory, hygienic, pharmacy glasswar grew the fastest in Switzerland ($3.36M), United States ($1.35M), Netherlands ($1.22M), Turkey ($1.21M), and France ($1.09M).

Between 2022 and 2023, the fastest growing importers of Low expansion laboratory, hygienic, pharmacy glasswar were Netherlands ($4.13M), South Korea ($1.49M), Vietnam ($919k), Austria ($897k), and Switzerland ($863k).

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Exporters of Low expansion laboratory, hygienic, pharmacy glasswar (2022 - 2023)

Importers of Low expansion laboratory, hygienic, pharmacy glasswar (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Low expansion laboratory, hygienic, pharmacy glasswar.

In 2023, market concentration measured using Shannon Entropy, was 3.73. This means that most of the exports of Low expansion laboratory, hygienic, pharmacy glasswar are explained by 13 countries.

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Value of Exports in Low expansion laboratory, hygienic, pharmacy glasswar

Net Trade

TOP NET EXPORTER (2023)Germany$73.7M
TOP NET IMPORTER (2023)France$14M

This map shows which countries export or import more of Low expansion laboratory, hygienic, pharmacy glasswar. Each country is colored based on the difference in exports and imports of Low expansion laboratory, hygienic, pharmacy glasswar during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Low expansion laboratory, hygienic, pharmacy glasswar were Germany ($73.7M), Sweden ($33.4M), Czechia ($17.4M), Croatia ($9M), and India ($7.63M).

In 2023, the countries that had a largest trade value in imports than in exports of Low expansion laboratory, hygienic, pharmacy glasswar were France ($14M), South Korea ($11.2M), Singapore ($10.9M), Canada ($9.86M), and Netherlands ($9.15M).

Net Trade (2023)

Country Comparison

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

Top 10 Exporters Countries of Low expansion laboratory, hygienic, pharmacy glasswar 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 (2023)

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