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701931 (Harmonized System 1992 for 6-digit)

2022
World Trade $1.49BRnk 1778 / 4648
2022
Top Exporter | Top Importer $434M | $212MChina | United States
2022
Product Complexity 0.29Rnk 2026 / 4653
2021 - 2022
Export Growth (CAGR) 69.1%Rnk 99 / 4648
2022
Share of World Trade 0.0063%Rnk 1778 / 4648

About

Overview This page contains the latest trade data of Mats of glass fibres. In 2022, Mats of glass fibres were the world's 1778th most traded product, with a total trade of $1.49B. Between 2021 and 2022 the exports of Mats of glass fibres grew by 69.1%, from $879M to $1.49B. Trade in Mats of glass fibres represent 0.0063% of total world trade.

Mats of glass fibres are a part of Glass Fibers.

Exports In 2022 the top exporters of Mats of glass fibres  were China ($434M), Germany ($114M), United States ($105M), Mexico ($99.7M), and Italy ($88.8M).

Imports In 2022 the top importers of Mats of glass fibres were United States ($212M), Canada ($87.7M), Germany ($83.9M), India ($71.4M), and France ($63M).

Ranking Mats of glass fibres ranks 2026th in the Product Complexity Index (PCI).

Description Mats of glass fibres are often used as reinforcement in concrete and asphalt roofing. Glass fibre mats are also used in applications such as industrial filters and heat insulation.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Mats of glass fibres. 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$434M
Top Destination (2022)United States$212M

In 2022 Mats of glass fibres were the world's 1778th most traded product (out of 4,648).

In 2022, the top exporters of Mats of glass fibres were China ($434M), Germany ($114M), United States ($105M), Mexico ($99.7M), and Italy ($88.8M).

In 2022, the top importers of Mats of glass fibres were United States ($212M), Canada ($87.7M), Germany ($83.9M), India ($71.4M), and France ($63M).

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Exporters of Mats of glass fibres (2022)
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Importers of Mats of glass fibres (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$206M
Top Destination Growth (2021 -  2022)United States$105M

Between 2021 and 2022, the exports of Mats of glass fibres grew the fastest in China ($206M), Mexico ($80.8M), Bahrain ($68.7M), United States ($26M), and Italy ($22.8M).

Between 2021 and 2022, the fastest growing importers of Mats of glass fibres were United States ($105M), Canada ($38.1M), Germany ($33.2M), Belgium ($32.6M), and India ($27.1M).

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Exporters of Mats of glass fibres (2021 - 2022)

Importers of Mats of glass fibres (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Mats of glass fibres.

In 2022, market concentration measured using Shannon Entropy, was 4.18. This means that most of the exports of Mats of glass fibres are explained by 18 countries.

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Value of Exports in Mats of glass fibres

Net Trade

TOP NET EXPORTER (2022)China$393M
TOP NET IMPORTER (2022)United States$107M

This map shows which countries export or import more of Mats of glass fibres. Each country is colored based on the difference in exports and imports of Mats of glass fibres during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Mats of glass fibres were China ($393M), Mexico ($73.6M), Bahrain ($68.9M), Egypt ($44.8M), and Chinese Taipei ($32M).

In 2022, the countries that had a largest trade value in imports than in exports of Mats of glass fibres were United States ($107M), India ($56.7M), Canada ($49.2M), South Korea ($49M), and Spain ($29.9M).

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 Mats of glass fibres.
It is possible to select the main countries that export or import Mats of glass fibres in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Mats of glass fibres 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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