HS Icon Glass Bottles

7010 (Harmonized System 1992 for 4-digit)

 2019
World Trade
: $11B, Rnk 298 / 1217

2019
Top Exporter | Top Importer
: $1.93B | $1.52B, China | United States

2019
Product Complexity
: -0.51, Rnk 667 / 961

2018 - 2019
Export Growth (CAGR)
: 1.5%, Rnk 299 / 1217

2018
Mean Tariff
: 7.72%, Rnk 565 / 1259

 2019
Share of World Trade
: 0.061%, Rnk 298 / 1217

Overview:  This page contains the latest trade data of Glass Bottles. In 2019, Glass Bottles were the world's 298th most traded product, with a total trade of $11B. Between 2018 and 2019 the exports of Glass Bottles grew by 1.5%, from  $10.9B to $11B. Trade in Glass Bottles represent 0.061% of total world trade.

Exports: In 2019 the top exporters of Glass Bottles  were China ($1.93B), Germany ($1.26B), Italy ($897M), France ($823M), and Mexico ($549M).

Imports: In 2019 the top importers of Glass Bottles were United States ($1.52B), France ($1.3B), Spain ($592M), Italy ($569M), and Germany ($517M).

Tariffs: In 2018 the average tariff for Glass Bottles was 7.72%, making it the 565th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Glass Bottles are Bahamas (40.9%), Uzbekistan (28.7%), Iran (21.6%), Tunisia (20%), and Ethiopia (19.8%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Japan (0%), Singapore (0%), and Switzerland (0%).

Ranking: Glass Bottles ranks 667th in the Product Complexity Index (PCI).

Description: Glass containers are used to store and transport various products. They can be made from a variety of materials, including glass, metal, plastic, or ceramic.

Exporters and Importers

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Trade By Country

Top Origin (2019): China, $1.93B

Top Destination (2019): United States, $1.52B

Glass Bottles are the world's 298th most traded product.

In 2019, the top exporters of Glass Bottles were China ($1.93B), Germany ($1.26B), Italy ($897M), France ($823M), and Mexico ($549M).

In 2019, the top importers of Glass Bottles were United States ($1.52B), France ($1.3B), Spain ($592M), Italy ($569M), and Germany ($517M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): China, $139M

Top Destination Growth (2018 - 2019): Brazil, $56.4M

Between 2018 and 2019, the exports of Glass Bottles grew the fastest in China ($139M), Mexico ($72.5M), Turkey ($62.7M), Argentina ($50.5M), and Russia ($40.9M).

Between 2018 and 2019, the fastest growing importers of Glass Bottles were Brazil ($56.4M), Belgium ($48.8M), United Kingdom ($45.5M), Poland ($32M), and India ($28.8M).

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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 Glass Bottles.

In 2019,  market concentration measured using Shannon Entropy, was 4.78. This means that most of the exports of Glass Bottles are explained by 27 countries.

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TOP NET EXPORTER (2019): China, $1.88B

TOP NET IMPORTER (2019): United States, $1.22B

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

In 2019, the countries that had a largest trade value in exports than in imports of Glass Bottles were China ($1.88B), Germany ($746M), Mexico ($462M), Italy ($328M), and Portugal ($223M).

In 2019, the countries that had a largest trade value in imports than in exports of Glass Bottles were United States ($1.22B), France ($481M), Canada ($264M), Belgium ($263M), and Spain ($237M).

Disaggregation

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Value

In 2019, the world most traded Glass Bottles, disaggragated by their HS6 level were Glass containers nes for packing or... ($10.8B) and Ampoules of glass for conveyance or... ($203M)

Import Tariffs

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In 2018, the average tariff for importing Glass Bottles was 7.72%.  The countries with the highest tariffs for importing Glass Bottles were Bahamas (40.9%), Uzbekistan (28.7%), Iran (21.6%), Tunisia (20%), and Ethiopia (19.8%).

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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.