HS Icon Other Glass Articles

7020 (Harmonized System 1992 for 4-digit)

 2019
World Trade
: $4.13B, Rnk 558 / 1217

2019
Top Exporter | Top Importer
: $876M | $498M, China | Singapore

2019
Product Complexity
: 1.01, Rnk 149 / 961

2018 - 2019
Export Growth (CAGR)
: 7%, Rnk 120 / 1217

2018
Mean Tariff
: 9.71%, Rnk 444 / 1259

 2019
Share of World Trade
: 0.023%, Rnk 558 / 1217

Overview:  This page contains the latest trade data of Other Glass Articles. In 2019, Other Glass Articles were the world's 558th most traded product, with a total trade of $4.13B. Between 2018 and 2019 the exports of Other Glass Articles grew by 7%, from  $3.86B to $4.13B. Trade in Other Glass Articles represent 0.023% of total world trade.

Exports: In 2019 the top exporters of Other Glass Articles  were China ($876M), Vietnam ($577M), Japan ($553M), Germany ($535M), and United States ($253M).

Imports: In 2019 the top importers of Other Glass Articles were Singapore ($498M), United States ($448M), China ($400M), Japan ($314M), and Malaysia ($277M).

Tariffs: In 2018 the average tariff for Other Glass Articles was 9.71%, making it the 444th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Other Glass Articles are Bahamas (41.3%), Zimbabwe (36.5%), Iran (35.6%), Sudan (35%), and Cameroon (29.4%). The countries with the lowest tariffs are South Africa (0%), Hong Kong (0%), Japan (0%), Singapore (0%), and Switzerland (0%).

Ranking: Other Glass Articles ranks 149th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2019): China, $876M

Top Destination (2019): Singapore, $498M

Other Glass Articles are the world's 558th most traded product.

In 2019, the top exporters of Other Glass Articles were China ($876M), Vietnam ($577M), Japan ($553M), Germany ($535M), and United States ($253M).

In 2019, the top importers of Other Glass Articles were Singapore ($498M), United States ($448M), China ($400M), Japan ($314M), and Malaysia ($277M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Germany, $166M

Top Destination Growth (2018 - 2019): China, $114M

Between 2018 and 2019, the exports of Other Glass Articles grew the fastest in Germany ($166M), Turkey ($50.4M), China ($43.3M), Japan ($30.8M), and Thailand ($25.4M).

Between 2018 and 2019, the fastest growing importers of Other Glass Articles were China ($114M), Singapore ($73.1M), United States ($39.4M), Malaysia ($30.9M), and Mexico ($15M).

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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 Other Glass Articles.

In 2019,  market concentration measured using Shannon Entropy, was 3.84. This means that most of the exports of Other Glass Articles are explained by 14 countries.

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TOP NET EXPORTER (2019): Vietnam, $526M

TOP NET IMPORTER (2019): Singapore, $487M

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

In 2019, the countries that had a largest trade value in exports than in imports of Other Glass Articles were Vietnam ($526M), China ($476M), Germany ($315M), Japan ($239M), and India ($101M).

In 2019, the countries that had a largest trade value in imports than in exports of Other Glass Articles were Singapore ($487M), Malaysia ($255M), United States ($195M), Chinese Taipei ($187M), and United Kingdom ($91.3M).

Disaggregation

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Value

In 2019, the world most traded Other Glass Articles, disaggragated by their HS6 level were Articles of glass, nes ($4.13B)

Import Tariffs

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In 2018, the average tariff for importing Other Glass Articles was 9.71%.  The countries with the highest tariffs for importing Other Glass Articles were Bahamas (41.3%), Zimbabwe (36.5%), Iran (35.6%), Sudan (35%), and Cameroon (29.4%).

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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.