2023
Exports
$55.3MWorld Rnk 15 / 113
Flag Rnk 569 / 1212
2023
PRODUCT COMPLEXITY IN Glass Working Machines
1.27Rnk 83 / 1025
2023
Imports
$123MWorld Rnk 9 / 180
Flag Rnk 401 / 1208
2023
ECONOMIC COMPLEXITY of India
0.65Rnk 39 / 132

About

Exports In 2023, India exported $55.3M in Glass Working Machines, making it the 15th largest exporter of Glass Working Machines in the world. At the same year, Glass Working Machines was the 569th most exported product in India. The main destination of Glass Working Machines exports from India are: Singapore ($43.7M), Belgium ($3.5M), Italy ($1.83M), Germany ($1.27M), and France ($956k).

The fastest growing export markets for Glass Working Machines of India between 2022 and 2023 were Germany ($853k), Belgium ($312k), and Thailand ($238k).

Imports In 2023, India imported $123M in Glass Working Machines, becoming the 9th largest importer of Glass Working Machines in the world. At the same year, Glass Working Machines was the 401st most imported product in India. India imports Glass Working Machines primarily from: China ($39.5M), Italy ($26M), Germany ($20M), Singapore ($9.03M), and United States ($4.04M).

The fastest growing import markets in Glass Working Machines for India between 2022 and 2023 were Germany ($3.36M), Finland ($2.84M), and South Korea ($2.69M).

COMPANIES In 2023, leading companies such as At Home Procurement (4) and Arhaus (1) were at the forefront of shipping Glass Working Machines from India to the United States.

Latest Trends

Dec 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 Working Machines. 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 (2023)$55.3M
IMPORTS (2023)$123M
NET TRADE (2023)-$67.4M

In 2023, India exported $55.3M in Glass Working Machines. The main destinations of India exports on Glass Working Machines were Singapore ($43.7M), Belgium ($3.5M), Italy ($1.83M), Germany ($1.27M), and France ($956k).

In 2023, India imported $123M in Glass Working Machines, mainly from China ($39.5M), Italy ($26M), Germany ($20M), Singapore ($9.03M), and United States ($4.04M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Glass Working Machines EXPORT MARKETS FOR India WERE (2022 - 2023):
Germany$853k (205%)
Belgium$312k (9.79%)
Thailand$238k (3.58k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glass Working Machines BY India WERE (2022 - 2023):
Japan-$6.02M (-98.3%)
Singapore-$5.23M (-10.7%)
United States-$473k (-39.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, India's main exporting competitors in Glass Working Machines were:
In 2023, India's main importing competitors in Glass Working Machines were:

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Trade Value of Glass Working Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $2.23M
TOP IMPORT POTENTIALChina+ $15M

Glass Working Machines’s highest export potential is Germany. With an export gap of $2.23M.   Glass Working Machines’s highest import potential is China with an import gap of $15M.

See methodology.

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