HS Icon Glass with Edge Workings

7006 (Harmonized System 1992 for 4-digit)

World Trade (2019): $3.09B, Rnk 626 / 1217

Top Exporter (2019): $582M, Japan

Top Importer (2019): $897M, China

Product Complexity (2019): 1.73, Rnk 14 / 961

Export Growth (CAGR)(2018 - 2019): 0.11%, Rnk 385 / 1217

Mean Tariff (2018): 10.7%, Rnk 387 / 1259

Share of World Trade (2019): 0.017%, Rnk 626 / 1217

Overview:  This page contains the latest trade data of Glass with Edge Workings. In 2019, Glass with Edge Workings were the world's 626th most traded product, with a total trade of $3.09B. Between 2018 and 2019 the exports of Glass with Edge Workings grew by 0.11%, from  $3.08B to $3.09B. Trade in Glass with Edge Workings represent 0.017% of total world trade.

Exports: In 2019 the top exporters of Glass with Edge Workings  were Japan ($582M), China ($542M), Chinese Taipei ($527M), South Korea ($517M), and Germany ($171M).

Imports: In 2019 the top importers of Glass with Edge Workings were China ($897M), Chinese Taipei ($324M), Japan ($296M), United States ($261M), and South Korea ($228M).

Tariffs: In 2018 the average tariff for Glass with Edge Workings was 10.7%, making it the 387th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Glass with Edge Workings are Bahamas (40.2%), Zimbabwe (36.5%), Sudan (35%), Nepal (30%), and Cameroon (29.4%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Japan (0%), Maldives (0%), and Singapore (0%).

Ranking: Glass with Edge Workings ranks 14th in the Product Complexity Index (PCI).

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2019): Japan, $582M

Top Destination (2019): China, $897M

Glass with Edge Workings are the world's 626th most traded product.

In 2019, the top exporters of Glass with Edge Workings were Japan ($582M), China ($542M), Chinese Taipei ($527M), South Korea ($517M), and Germany ($171M).

In 2019, the top importers of Glass with Edge Workings were China ($897M), Chinese Taipei ($324M), Japan ($296M), United States ($261M), and South Korea ($228M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2018 -  2019): Japan, $111M

Top Destination Growth (2018 - 2019): South Korea, $79.9M

Between 2018 and 2019, the exports of Glass with Edge Workings grew the fastest in Japan ($111M), China ($41.6M), Hong Kong ($27.2M), Singapore ($20.4M), and Malaysia ($15.7M).

Between 2018 and 2019, the fastest growing importers of Glass with Edge Workings were South Korea ($79.9M), Hong Kong ($55.9M), Vietnam ($42.2M), Chinese Taipei ($30M), and United States ($26.3M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

This chart shows the evolution of the market concentration of exports of Glass with Edge Workings.

In 2019,  market concentration measured using Shannon Entropy, was 3.45. This means that most of the exports of Glass with Edge Workings are explained by 10 countries.

Explore Visualizations

TOP NET EXPORTER (2019): South Korea, $289M

TOP NET IMPORTER (2019): China, $355M

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

In 2019, the countries that had a largest trade value in exports than in imports of Glass with Edge Workings were South Korea ($289M), Japan ($286M), Chinese Taipei ($203M), Singapore ($98.6M), and Germany ($77.3M).

In 2019, the countries that had a largest trade value in imports than in exports of Glass with Edge Workings were China ($355M), United States ($221M), Hong Kong ($147M), India ($40.8M), and Portugal ($32.4M).

Disaggregation

#permalink to section
Value

In 2019, the world most traded Glass with Edge Workings, disaggragated by their HS6 level were Cast, drawn or float glass sheet,... ($3.09B)

Import Tariffs

#permalink to section

In 2018, the average tariff for importing Glass with Edge Workings was 10.7%.  The countries with the highest tariffs for importing Glass with Edge Workings were Bahamas (40.2%), Zimbabwe (36.5%), Sudan (35%), Nepal (30%), and Cameroon (29.4%).

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.