HS Icon Glass Mirrors

7009 (Harmonized System 1992 for 4-digit)

 2019
World Trade
: $7.07B, Rnk 410 / 1217

2019
Top Exporter | Top Importer
: $2.09B | $1.06B, China | Germany

2019
Product Complexity
: 1.16, Rnk 104 / 961

2018 - 2019
Export Growth (CAGR)
: -0.7%, Rnk 447 / 1217

2018
Mean Tariff
: 11.9%, Rnk 319 / 1259

 2019
Share of World Trade
: 0.039%, Rnk 410 / 1217

Overview:  This page contains the latest trade data of Glass Mirrors. In 2019, Glass Mirrors were the world's 410th most traded product, with a total trade of $7.07B. Between 2018 and 2019 the exports of Glass Mirrors decreased by -0.7%, from  $7.12B to $7.07B. Trade in Glass Mirrors represent 0.039% of total world trade.

Exports: In 2019 the top exporters of Glass Mirrors  were China ($2.09B), United States ($1.7B), Germany ($643M), Hungary ($336M), and Poland ($232M).

Imports: In 2019 the top importers of Glass Mirrors were Germany ($1.06B), United States ($974M), Japan ($387M), Canada ($362M), and United Kingdom ($353M).

Tariffs: In 2018 the average tariff for Glass Mirrors was 11.9%, making it the 319th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Glass Mirrors are Bahamas (41.5%), Zimbabwe (36.5%), Sudan (35%), Maldives (33.2%), and Nepal (30%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Japan (0%), Singapore (0%), and Switzerland (0%).

Ranking: Glass Mirrors ranks 104th in the Product Complexity Index (PCI).

Description: Glass mirrors are used in the production of other goods. They can be made from a variety of materials, including glass and plastic.

Exporters and Importers

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Trade By Country

Top Origin (2019): China, $2.09B

Top Destination (2019): Germany, $1.06B

Glass Mirrors are the world's 410th most traded product.

In 2019, the top exporters of Glass Mirrors were China ($2.09B), United States ($1.7B), Germany ($643M), Hungary ($336M), and Poland ($232M).

In 2019, the top importers of Glass Mirrors were Germany ($1.06B), United States ($974M), Japan ($387M), Canada ($362M), and United Kingdom ($353M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): China, $93.9M

Top Destination Growth (2018 - 2019): Belgium, $40.9M

Between 2018 and 2019, the exports of Glass Mirrors grew the fastest in China ($93.9M), Poland ($22.5M), Slovakia ($19.6M), Belgium ($12.3M), and Turkey ($9.88M).

Between 2018 and 2019, the fastest growing importers of Glass Mirrors were Belgium ($40.9M), Czechia ($18.9M), Vietnam ($17.1M), Malaysia ($16.9M), and South Korea ($16.1M).

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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 Mirrors.

In 2019,  market concentration measured using Shannon Entropy, was 3.57. This means that most of the exports of Glass Mirrors are explained by 11 countries.

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TOP NET EXPORTER (2019): China, $1.79B

TOP NET IMPORTER (2019): Germany, $421M

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

In 2019, the countries that had a largest trade value in exports than in imports of Glass Mirrors were China ($1.79B), United States ($727M), Hungary ($250M), Chinese Taipei ($211M), and Poland ($114M).

In 2019, the countries that had a largest trade value in imports than in exports of Glass Mirrors were Germany ($421M), Canada ($329M), Japan ($295M), United Kingdom ($242M), and France ($132M).

Disaggregation

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Value

In 2019, the world most traded Glass Mirrors, disaggragated by their HS6 level were Rear-view mirrors for vehicles ($4.18B), Glass mirrors, framed ($1.88B), and Glass mirrors, unframed ($1.01B)

Import Tariffs

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In 2018, the average tariff for importing Glass Mirrors was 11.9%.  The countries with the highest tariffs for importing Glass Mirrors were Bahamas (41.5%), Zimbabwe (36.5%), Sudan (35%), Maldives (33.2%), 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.