HS Icon Laboratory Glassware

7017 (Harmonized System 1992 for 4-digit)

 2019
World Trade
: $2.6B, Rnk 660 / 1217

2019
Top Exporter | Top Importer
: $1.44B | $1.45B, Eswatini | Nigeria

2019
Product Complexity
: 1.1, Rnk 124 / 961

2018 - 2019
Export Growth (CAGR)
: 128%, Rnk 4 / 1217

2018
Mean Tariff
: 5.85%, Rnk 721 / 1259

 2019
Share of World Trade
: 0.014%, Rnk 660 / 1217

Overview:  This page contains the latest trade data of Laboratory Glassware. In 2019, Laboratory Glassware were the world's 660th most traded product, with a total trade of $2.6B. Between 2018 and 2019 the exports of Laboratory Glassware grew by 128%, from  $1.14B to $2.6B. Trade in Laboratory Glassware represent 0.014% of total world trade.

Exports: In 2019 the top exporters of Laboratory Glassware  were Eswatini ($1.44B), Germany ($252M), United States ($220M), China ($127M), and Japan ($88.9M).

Imports: In 2019 the top importers of Laboratory Glassware were Nigeria ($1.45B), United States ($169M), Germany ($113M), Singapore ($51M), and China ($51M).

Tariffs: In 2018 the average tariff for Laboratory Glassware was 5.85%, making it the 721st lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Laboratory Glassware are Bahamas (40.2%), Sudan (35%), Bermuda (25%), Latvia (15%), and Algeria (14.6%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking: Laboratory Glassware ranks 124th in the Product Complexity Index (PCI).

Description: Laboratory glassware is used in the production of other goods. It can be made from a variety of materials, including borosilicate, fused silica, and soda lime.

Exporters and Importers

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Trade By Country

Top Origin (2019): Eswatini, $1.44B

Top Destination (2019): Nigeria, $1.45B

Laboratory Glassware are the world's 660th most traded product.

In 2019, the top exporters of Laboratory Glassware were Eswatini ($1.44B), Germany ($252M), United States ($220M), China ($127M), and Japan ($88.9M).

In 2019, the top importers of Laboratory Glassware were Nigeria ($1.45B), United States ($169M), Germany ($113M), Singapore ($51M), and China ($51M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Eswatini, $1.44B

Top Destination Growth (2018 - 2019): Nigeria, $1.44B

Between 2018 and 2019, the exports of Laboratory Glassware grew the fastest in Eswatini ($1.44B), Netherlands ($18M), China ($12.2M), Singapore ($10.6M), and Costa Rica ($9.66M).

Between 2018 and 2019, the fastest growing importers of Laboratory Glassware were Nigeria ($1.44B), Netherlands ($6.52M), South Korea ($5.45M), Ireland ($4.64M), and Peru ($4.03M).

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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 Laboratory Glassware.

In 2019,  market concentration measured using Shannon Entropy, was 2.74. This means that most of the exports of Laboratory Glassware are explained by 6 countries.

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TOP NET EXPORTER (2019): Eswatini, $1.44B

TOP NET IMPORTER (2019): Nigeria, $1.45B

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

In 2019, the countries that had a largest trade value in exports than in imports of Laboratory Glassware were Eswatini ($1.44B), Germany ($139M), China ($75.7M), United States ($51.8M), and Japan ($44.8M).

In 2019, the countries that had a largest trade value in imports than in exports of Laboratory Glassware were Nigeria ($1.45B), Canada ($42.6M), South Korea ($37.2M), France ($28.8M), and Singapore ($24.8M).

Disaggregation

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Value

In 2019, the world most traded Laboratory Glassware, disaggragated by their HS6 level were Fused quartz laboratory, hygienic or pharmeutical... ($1.66B), Laboratory, hygienic or pharmaceutical glassware nes ($615M), and Low expansion laboratory, hygienic, pharmacy glasswar ($329M)

Import Tariffs

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In 2018, the average tariff for importing Laboratory Glassware was 5.85%.  The countries with the highest tariffs for importing Laboratory Glassware were Bahamas (40.2%), Sudan (35%), Bermuda (25%), Latvia (15%), and Algeria (14.6%).

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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.