HS Icon Cast or Rolled Glass

7003 (Harmonized System 1992 for 4-digit)

World Trade (2018): $2.07B, Rnk 729 / 1225

Top Exporter (2018): $880M, China

Top Importer (2018): $1.1B, Hong Kong

Product Complexity (2018): 1.57, Rnk 40 / 1018

Export Growth (CAGR)(2017 - 2018): -12.7%, Rnk 1190 / 1225

Mean Tariff (2018): 11.2%, Rnk 356 / 1259

Share of World Trade (2018): 0.011%, Rnk 729 / 1225

Overview: In 2018, Cast or Rolled Glass were the world's 729th most traded product, with a total trade of $2.07B. Between 2017 and 2018 the exports of Cast or Rolled Glass decreased by -12.7%, from  $2.37B to $2.07B. Trade in Cast or Rolled Glass represent 0.011% of total world trade.

Exports: In 2018 the top exporters of Cast or Rolled Glass  were China ($880M), South Korea ($407M), Chinese Taipei ($148M), Japan ($104M), and France ($99.8M).

Imports: In 2018 the top importers of Cast or Rolled Glass were Hong Kong ($1.1B), China ($292M), United States ($117M), Vietnam ($94.4M), and Chinese Taipei ($67.8M).

Tariffs: In 2018 the average tariff for Cast or Rolled Glass was 11.2%, been the 356 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Cast or Rolled Glass are Egypt (44.7%), Bahamas (40.2%), Sudan (35%), Vietnam (30.4%), and Nepal (30%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Japan (0%), Singapore (0%), and Switzerland (0%).

Ranking: Cast or Rolled Glass ranks 40th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $880M

Top Destination (2018): Hong Kong, $1.1B

Cast or Rolled Glass are the world's 729th most traded product.

In 2018, the top exporters of Cast or Rolled Glass were China ($880M), South Korea ($407M), Chinese Taipei ($148M), Japan ($104M), and France ($99.8M).

In 2018, the top importers of Cast or Rolled Glass were Hong Kong ($1.1B), China ($292M), United States ($117M), Vietnam ($94.4M), and Chinese Taipei ($67.8M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): China, $103M

Top Destination Growth (2017 - 2018): Hong Kong, $133M

Between 2017 and 2018, the exports of Cast or Rolled Glass grew the fastest in China ($103M), South Korea ($70.2M), France ($14.2M), Thailand ($13.4M), and Saudi Arabia ($7.43M).

Between 2017 and 2018, the fastest growing importers of Cast or Rolled Glass were Hong Kong ($133M), Chinese Taipei ($22.3M), United States ($21.6M), Malaysia ($9.48M), and Thailand ($5.69M).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Cast or Rolled Glass.

In 2018,  market concentration measured using Shannon Entropy, was 2.96. This means that most of the exports of Cast or Rolled Glass are explained by 7 countries.

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TOP NET EXPORTER (2018): China, $588M

TOP NET IMPORTER (2018): Hong Kong, $1B

This map shows which countries export or import more of Cast or Rolled Glass. Each country is colored based on the difference in exports and imports of Cast or Rolled Glass during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Cast or Rolled Glass were China ($588M), South Korea ($386M), Japan ($89.9M), France ($82.1M), and Chinese Taipei ($80.1M).

In 2018, the countries that had a largest trade value in imports than in exports of Cast or Rolled Glass were Hong Kong ($1B), Vietnam ($93.1M), United States ($58.4M), Thailand ($30.2M), and Malaysia ($17.1M).

Trade Forecasts

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This section shows forecasts for total trade for Cast or Rolled Glass. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Import Tariffs

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In 2018, the average tariff for importing Cast or Rolled Glass was 11.2%.  The countries with the highest tariffs for importing Cast or Rolled Glass were Egypt (44.7%), Bahamas (40.2%), Sudan (35%), Vietnam (30.4%), and Nepal (30%).

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Product Complexity

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Diversification Frontier

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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.