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Signalling glassware and optical elements of glass (other than those of heading no. 7015), not optically worked

7014 (Harmonized System 1992 for 4-digit)

2023
World Trade $565MRnk 1019 / 1217
2023
Top Exporter | Top Importer $140M | $160MUnited States | Germany
2023
Product Complexity 1.44Rnk 57 / 1044
2022 - 2023
Export Growth (CAGR) -2%Rnk 472 / 1217
2023
Share of World Trade 0.0025%Rnk 1019 / 1217

About

Overview This page contains the latest trade data of Signaling Glassware. In 2023, Signaling Glassware were the world's 1019th most traded product, with a total trade of $565M. Between 2022 and 2023 the exports of Signaling Glassware decreased by -2%, from $576M to $565M. Trade in Signaling Glassware represent 0.0025% of total world trade.

Signaling Glassware are a part of Glass & glassware. They include Signalling glassware, unworked optical elements.

Exports In 2023 the top exporters of Signaling Glassware  were United States ($140M), China ($110M), Japan ($81.4M), Germany ($68.5M), and Malaysia ($41.9M).

Imports In 2023 the top importers of Signaling Glassware were Germany ($160M), China ($76.8M), Japan ($72.3M), United States ($36.4M), and Chinese Taipei ($29.1M).

Ranking Signaling Glassware ranks 57th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Signaling Glassware. 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)United States$140M
Top Destination (2023)Germany$160M

In 2023 Signaling Glassware were the world's 1019th most traded product (out of 1,217).

In 2023, the top exporters of Signaling Glassware were United States ($140M), China ($110M), Japan ($81.4M), Germany ($68.5M), and Malaysia ($41.9M).

In 2023, the top importers of Signaling Glassware were Germany ($160M), China ($76.8M), Japan ($72.3M), United States ($36.4M), and Chinese Taipei ($29.1M).

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Exporters of Signaling Glassware (2023)
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Importers of Signaling Glassware (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$37.5M
Top Destination Growth (2022 -  2023)Germany$48.1M

Between 2022 and 2023, the exports of Signaling Glassware grew the fastest in United States ($37.5M), Japan ($10.1M), Germany ($9.27M), Switzerland ($6.08M), and Indonesia ($3.24M).

Between 2022 and 2023, the fastest growing importers of Signaling Glassware were Germany ($48.1M), Thailand ($3.69M), Canada ($2.96M), Singapore ($2.37M), and Switzerland ($2.08M).

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Exporters of Signaling Glassware (2022 - 2023)

Importers of Signaling Glassware (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Signaling Glassware.

In 2023, market concentration measured using Shannon Entropy, was 3.36. This means that most of the exports of Signaling Glassware are explained by 10 countries.

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Value of Exports in Signaling Glassware

Net Trade

TOP NET EXPORTER (2023)United States$103M
TOP NET IMPORTER (2023)Germany$91.3M

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

In 2023, the countries that had a largest trade value in exports than in imports of Signaling Glassware were United States ($103M), Malaysia ($39.7M), China ($32.8M), Thailand ($17.7M), and Japan ($9.04M).

In 2023, the countries that had a largest trade value in imports than in exports of Signaling Glassware were Germany ($91.3M), Chinese Taipei ($14.1M), South Korea ($10.6M), Vietnam ($10.1M), and Singapore ($9.66M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Signaling Glassware by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $1.19M
TOP IMPORT POTENTIALChina+ $1.94M

Signaling Glassware’s highest export potential is China. With an export gap of $1.19M.  Signaling Glassware’s highest import potential is China with an import gap of $1.94M.

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)

Country by Relatedness

The following visualization shows the relatedness of Signaling Glassware 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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