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2022
Exports $359MWorld Rnk 8 / 108
Flag Rnk 642 / 1216
2022
Destination $24.9M Malaysia
2021 - 2022
FASTEST GROWING MARKET $24.9MIndia
2022
PRODUCT COMPLEXITY IN Glass Working Machines1.35Rnk 82 / 1025
2022
Imports $470MWorld Rnk 6 / 182
Flag Rnk 363 / 1212
2022
Origin $128M South Korea
2021 - 2022
FASTEST GROWING ORIGIN $128MSouth Korea
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $359M in Glass Working Machines, making it the 8th largest exporter of Glass Working Machines in the world. At the same year, Glass Working Machines was the 642nd most exported product in China. The main destination of Glass Working Machines exports from China are: Malaysia ($53.1M), India ($48.7M), Hong Kong ($25.2M), Singapore ($23.4M), and Turkey ($16.6M).

The fastest growing export markets for Glass Working Machines of China between 2021 and 2022 were India ($24.9M), Hong Kong ($23.4M), and Malaysia ($22.8M).

Imports In 2022, China imported $470M in Glass Working Machines, becoming the 6th largest importer of Glass Working Machines in the world. At the same year, Glass Working Machines was the 363rd most imported product in China. China imports Glass Working Machines primarily from: South Korea ($152M), Germany ($144M), Italy ($79.2M), Japan ($46.7M), and United States ($25.9M).

The fastest growing import markets in Glass Working Machines for China between 2021 and 2022 were South Korea ($128M), Germany ($64M), and Italy ($51.9M).

COMPANIES In 2023, leading companies such as CrimsonLogic (1.23k), At Home Procurement (60), and Euromarket Designs (25) were at the forefront of shipping Glass Working Machines from China to the United States.

Latest Trends

October 2024

About

Overview In October 2024 China's Glass Working Machines exports accounted up to $28.9M and imports accounted up to $20.7M, resulting in a positive trade balance of $8.19M. Between October 2023 and October 2024 the exports of China's   Glass Working Machines have increased by $234k (0.82%) from $28.6M to $28.9M, while imports increased by $2.52M (13.9%) from $18.1M to $20.7M.

Destinations In October 2024, Glass Working Machines were exported mostly to Russia ($5.83M), Japan ($1.88M), India ($1.84M), Hong Kong ($1.83M), and United States ($1.8M), and were imported mostly from Germany ($13.1M), Italy ($5.9M), Slovenia ($642k), Netherlands ($574k), and United States ($249k).

Growth In October 2024, the increase in Glass Working Machines's year-by-year exports was explained primarily by an increase in exports to India ($4.51M or 262%), Saudi Arabia ($3.78M or 1.27k%), and Ukraine ($1.52M or 433%). In October 2024, the increase in Glass Working Machines's year-by-year imports was explained primarily by an increase in imports from Germany ($27.3M or 427%), South Korea ($24.3M or 1.66k%), and Italy ($4.74M or 300%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$234k(0.82%)
IMPORT GROWTH (October 2023 - October 2024)$2.52M(13.9%)
MAIN EXPORTER (October 2024)Zhejiang Province$14.2M
MAIN DESTINATION (October 2024)Russia$5.83M

This section shows Glass Working Machines's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Glass Working Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$359M
IMPORTS (2022)$470M
NET TRADE (2022)-$111M

In 2022, China exported $359M in Glass Working Machines. The main destinations of China exports on Glass Working Machines were Malaysia ($53.1M), India ($48.7M), Hong Kong ($25.2M), Singapore ($23.4M), and Turkey ($16.6M).

In 2022, China imported $470M in Glass Working Machines, mainly from South Korea ($152M), Germany ($144M), Italy ($79.2M), Japan ($46.7M), and United States ($25.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Glass Working Machines EXPORT MARKETS FOR China WERE (2021 - 2022):
India$24.9M (105%)
Hong Kong$23.4M (1.26k%)
Malaysia$22.8M (75.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glass Working Machines BY China WERE (2021 - 2022):
Singapore-$20M (-46.1%)
Vietnam-$4.62M (-41.1%)
Uzbekistan-$3.98M (-54.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Glass Working Machines were:
Singapore $1.21B
Germany $879M
Japan $691M
In 2022, China's main importing competitors in Glass Working Machines were:
United States $788M
Belgium $687M
Chinese Taipei $567M

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Trade Value of Glass Working Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $15M
TOP IMPORT POTENTIALUnited States+ $11.6M

Glass Working Machines’s highest export potential is India. With an export gap of $15M.   Glass Working Machines’s highest import potential is United States with an import gap of $11.6M.

See methodology.

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