HS Icon Float Glass

7005 (Harmonized System 1992 for 4-digit)

Overview:  This page contains the latest trade data of Float Glass. In 2019, Float Glass were the world's 470th most traded product, with a total trade of $5.44B. Between 2018 and 2019 the exports of Float Glass decreased by -8.83%, from $5.97B to $5.44B. Trade in Float Glass represent 0.03% of total world trade.

Exports: In 2019 the top exporters of Float Glass  were China ($650M), Germany ($625M), United States ($447M), Japan ($348M), and Malaysia ($345M).

Imports: In 2019 the top importers of Float Glass were China ($374M), Canada ($273M), Hong Kong ($239M), Poland ($206M), and Germany ($201M).

Tariffs: In 2018 the average tariff for Float Glass was 10.8%, making it the 384th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Float Glass are Bahamas (40.2%), Egypt (38.3%), Sudan (35%), Nepal (30%), and Cameroon (29.4%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Maldives (0%), Singapore (0%), and Switzerland (0%).

Ranking: Float Glass ranks 520th in the Product Complexity Index (PCI).

Description: Float glass is a type of glass that has been treated with a chemical to make it float on water. It's used in the production of windows, mirrors, and other products.

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): China, $650M

Top Destination (2019): China, $374M

Float Glass are the world's 470th most traded product.

In 2019, the top exporters of Float Glass were China ($650M), Germany ($625M), United States ($447M), Japan ($348M), and Malaysia ($345M).

In 2019, the top importers of Float Glass were China ($374M), Canada ($273M), Hong Kong ($239M), Poland ($206M), and Germany ($201M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Malaysia, $110M

Top Destination Growth (2018 - 2019): Hong Kong, $90.8M

Between 2018 and 2019, the exports of Float Glass grew the fastest in Malaysia ($110M), Japan ($47.5M), Turkey ($33M), India ($16.7M), and Philippines ($5.7M).

Between 2018 and 2019, the fastest growing importers of Float Glass were Hong Kong ($90.8M), China ($52.8M), United Arab Emirates ($20.4M), Morocco ($15.4M), and Philippines ($10.5M).

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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 Float Glass.

In 2019,  market concentration measured using Shannon Entropy, was 4.76. This means that most of the exports of Float Glass are explained by 27 countries.

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TOP NET EXPORTER (2019): Germany, $424M

TOP NET IMPORTER (2019): Canada, $270M

This map shows which countries export or import more of Float Glass. Each country is colored based on the difference in exports and imports of Float Glass during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Float Glass were Germany ($424M), United States ($334M), China ($276M), Japan ($255M), and Malaysia ($253M).

In 2019, the countries that had a largest trade value in imports than in exports of Float Glass were Canada ($270M), Hong Kong ($221M), Vietnam ($121M), India ($111M), and Ukraine ($89.9M).

Disaggregation

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Value

In 2019, the world most traded Float Glass, disaggragated by their HS6 level were Float glass etc in sheets, non-wired,... ($2.8B), Float glass etc sheets, absorbent or... ($1.54B), Float glass etc sheets, coloured throughout ($1.07B), and Float glass etc in sheets, wired ($36.3M)

Import Tariffs

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In 2018, the average tariff for importing Float Glass was 10.8%. The countries with the highest tariffs for importing Float Glass were Bahamas (40.2%), Egypt (38.3%), Sudan (35%), Nepal (30%), and Cameroon (29.4%).

Product Complexity

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Diversification Frontier

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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.

Country by Relatedness

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The following visualization shows the relatedness of Float Glass to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.