2022
Exports
$15.3MWorld Rnk 55 / 172
Flag Rnk 408 / 1208
2022
PRODUCT COMPLEXITY IN Glass Fibers
0.47Rnk 376 / 1025
2022
Imports
$136MWorld Rnk 30 / 223
Flag Rnk 300 / 1206
2022
ECONOMIC COMPLEXITY of Australia
-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $15.3M in Glass Fibers, making it the 55th largest exporter of Glass Fibers in the world. At the same year, Glass Fibers was the 408th most exported product in Australia. The main destination of Glass Fibers exports from Australia are: New Zealand ($8.21M), United States ($2.07M), United Arab Emirates ($1.2M), South Africa ($423k), and Romania ($362k).

The fastest growing export markets for Glass Fibers of Australia between 2021 and 2022 were New Zealand ($1.6M), United States ($1.01M), and United Arab Emirates ($932k).

Imports In 2022, Australia imported $136M in Glass Fibers, becoming the 30th largest importer of Glass Fibers in the world. At the same year, Glass Fibers was the 300th most imported product in Australia. Australia imports Glass Fibers primarily from: China ($58.3M), Malaysia ($25.1M), United States ($16M), Thailand ($6.21M), and Saudi Arabia ($3.93M).

The fastest growing import markets in Glass Fibers for Australia between 2021 and 2022 were China ($13.8M), Malaysia ($12.1M), and Thailand ($3.62M).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Glass Fibers. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$15.3M
IMPORTS (2022)$136M
NET TRADE (2022)-$120M

In 2022, Australia exported $15.3M in Glass Fibers. The main destinations of Australia exports on Glass Fibers were New Zealand ($8.21M), United States ($2.07M), United Arab Emirates ($1.2M), South Africa ($423k), and Romania ($362k).

In 2022, Australia imported $136M in Glass Fibers, mainly from China ($58.3M), Malaysia ($25.1M), United States ($16M), Thailand ($6.21M), and Saudi Arabia ($3.93M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Glass Fibers EXPORT MARKETS FOR Australia WERE (2021 - 2022):
New Zealand$1.6M (24.3%)
United States$1.01M (94.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glass Fibers BY Australia WERE (2021 - 2022):
China-$1.33M (-96.2%)
India-$508k (-97.7%)
South Africa-$338k (-44.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Australia's main exporting competitors in Glass Fibers were:
In 2022, Australia's main importing competitors in Glass Fibers were:

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Trade Value of Glass Fibers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.83M
TOP IMPORT POTENTIALChina+ $7.9M

Glass Fibers’s highest export potential is United States. With an export gap of $1.83M.   Glass Fibers’s highest import potential is China with an import gap of $7.9M.

See methodology.

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