HS Icon Glass Beads

7018 (Harmonized System 1992 for 4-digit)

World Trade (2018): $1.44B, Rnk 829 / 1225

Top Exporter (2018): $733M, China

Top Importer (2018): $225M, India

Export Growth (CAGR)(2017 - 2018): 28.4%, Rnk 187 / 1225

Mean Tariff (2018): 11.6%, Rnk 334 / 1259

Share of World Trade (2018): 0.0078%, Rnk 829 / 1225

Overview:  This page contains the latest trade data of Glass Beads. In 2018, Glass Beads were the world's 829th most traded product, with a total trade of $1.44B. Between 2017 and 2018 the exports of Glass Beads grew by 28.4%, from  $1.12B to $1.44B. Trade in Glass Beads represent 0.0078% of total world trade.

Exports: In 2018 the top exporters of Glass Beads  were China ($733M), Austria ($122M), Czechia ($94.8M), France ($62.3M), and India ($56.3M).

Imports: In 2018 the top importers of Glass Beads were India ($225M), United States ($133M), Germany ($69.7M), United Arab Emirates ($67.4M), and Italy ($58.7M).

Tariffs: In 2018 the average tariff for Glass Beads was 11.6%, been the 334 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Glass Beads are Cambodia (35%), Sudan (35%), Cape Verde (33.3%), Iran (32.7%), and Bahamas (30.1%). The countries with the lowest tariffs are Hong Kong (0%), Singapore (0%), Switzerland (0%), Norway (0%), and Canada (0%).

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2018): China, $733M

Top Destination (2018): India, $225M

Glass Beads are the world's 829th most traded product.

In 2018, the top exporters of Glass Beads were China ($733M), Austria ($122M), Czechia ($94.8M), France ($62.3M), and India ($56.3M).

In 2018, the top importers of Glass Beads were India ($225M), United States ($133M), Germany ($69.7M), United Arab Emirates ($67.4M), and Italy ($58.7M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2017 -  2018): China, $236M

Top Destination Growth (2017 - 2018): United States, $108M

Between 2017 and 2018, the exports of Glass Beads grew the fastest in China ($236M), India ($33.1M), Singapore ($29.1M), United States ($16.6M), and Czechia ($15.2M).

Between 2017 and 2018, the fastest growing importers of Glass Beads were United States ($108M), India ($61.8M), Egypt ($20.5M), Iran ($19.3M), and Germany ($14.6M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

This chart shows the evolution of the market concentration of exports of Glass Beads.

In 2018,  market concentration measured using Shannon Entropy, was 3.14. This means that most of the exports of Glass Beads are explained by 8 countries.

Explore Visualizations

TOP NET EXPORTER (2018): China, $677M

TOP NET IMPORTER (2018): India, $169M

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

In 2018, the countries that had a largest trade value in exports than in imports of Glass Beads were China ($677M), Austria ($99.6M), Czechia ($86.7M), France ($38.2M), and Singapore ($16.7M).

In 2018, the countries that had a largest trade value in imports than in exports of Glass Beads were India ($169M), United States ($81M), United Arab Emirates ($56.4M), Iran ($49.8M), and Italy ($44.1M).

Trade Forecasts

#permalink to section

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

Explore Forecasts

Import Tariffs

#permalink to section

In 2018, the average tariff for importing Glass Beads was 11.6%.  The countries with the highest tariffs for importing Glass Beads were Cambodia (35%), Sudan (35%), Cape Verde (33.3%), Iran (32.7%), and Bahamas (30.1%).

Explore Tariff Data

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
Filter

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.