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847520 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.28BRnk 1842 / 4644
2023
Top Exporter | Top Importer $277M | $147MChina | China
2023
Product Complexity 1.15Rnk 550 / 4656
2022 - 2023
Export Growth (CAGR) -7.24%Rnk 2382 / 4644
2023
Share of World Trade 0.0057%Rnk 1842 / 4644

About

Overview This page contains the latest trade data of Machines for manufacturing or hot working glass nes. In 2023, Machines for manufacturing or hot working glass nes were the world's 1842nd most traded product, with a total trade of $1.28B. Between 2022 and 2023 the exports of Machines for manufacturing or hot working glass nes decreased by -7.24%, from $1.38B to $1.28B. Trade in Machines for manufacturing or hot working glass nes represent 0.0057% of total world trade.

Machines for manufacturing or hot working glass nes are a part of Glass Working Machines.

Exports In 2023 the top exporters of Machines for manufacturing or hot working glass nes  were China ($277M), Italy ($216M), Germany ($202M), Malaysia ($151M), and Finland ($76.4M).

Imports In 2023 the top importers of Machines for manufacturing or hot working glass nes were China ($147M), United States ($87M), India ($81.8M), Germany ($63.3M), and Tanzania ($62.4M).

Ranking Machines for manufacturing or hot working glass nes ranks 550th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Machines for manufacturing or hot working glass 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 (2023)China$277M
Top Destination (2023)China$147M

In 2023 Machines for manufacturing or hot working glass nes were the world's 1842nd most traded product (out of 4,644).

In 2023, the top exporters of Machines for manufacturing or hot working glass nes were China ($277M), Italy ($216M), Germany ($202M), Malaysia ($151M), and Finland ($76.4M).

In 2023, the top importers of Machines for manufacturing or hot working glass nes were China ($147M), United States ($87M), India ($81.8M), Germany ($63.3M), and Tanzania ($62.4M).

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Exporters of Machines for manufacturing or hot working glass nes (2023)
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Importers of Machines for manufacturing or hot working glass nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Malaysia$50.8M
Top Destination Growth (2022 -  2023)Tanzania$62.3M

Between 2022 and 2023, the exports of Machines for manufacturing or hot working glass nes grew the fastest in Malaysia ($50.8M), China ($45.8M), Switzerland ($31.2M), Sweden ($13.2M), and Czechia ($7.25M).

Between 2022 and 2023, the fastest growing importers of Machines for manufacturing or hot working glass nes were Tanzania ($62.3M), Hungary ($26.9M), South Korea ($25.4M), Germany ($23.1M), and United States ($20.2M).

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Exporters of Machines for manufacturing or hot working glass nes (2022 - 2023)

Importers of Machines for manufacturing or hot working glass nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Machines for manufacturing or hot working glass nes.

In 2023, market concentration measured using Shannon Entropy, was 3.56. This means that most of the exports of Machines for manufacturing or hot working glass nes are explained by 11 countries.

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Value of Exports in Machines for manufacturing or hot working glass nes

Net Trade

TOP NET EXPORTER (2023)Italy$208M
TOP NET IMPORTER (2023)India$80.4M

This map shows which countries export or import more of Machines for manufacturing or hot working glass nes. Each country is colored based on the difference in exports and imports of Machines for manufacturing or hot working glass nes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Machines for manufacturing or hot working glass nes were Italy ($208M), Germany ($139M), China ($131M), Malaysia ($130M), and Finland ($75.5M).

In 2023, the countries that had a largest trade value in imports than in exports of Machines for manufacturing or hot working glass nes were India ($80.4M), Turkey ($52.7M), Hungary ($51.6M), United States ($50.2M), and Mexico ($37.6M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Machines for manufacturing or hot working glass nes.
It is possible to select the main countries that export or import Machines for manufacturing or hot working glass nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Machines for manufacturing or hot working glass 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 (2023)

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