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2023
Exports $502MWorld Rnk 3 / 113
Flag Rnk 366 / 1217
2023
Destination $53.9M Chinese Taipei
2022 - 2023
FASTEST GROWING MARKET $53.9MChina
2023
PRODUCT COMPLEXITY IN Glass Working Machines1.27Rnk 83 / 1025
2023
Imports $245MWorld Rnk 6 / 180
Flag Rnk 694 / 1215
2023
Origin $14.7M Germany
2022 - 2023
FASTEST GROWING ORIGIN $14.7MItaly
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $502M in Glass Working Machines, making it the 3rd largest exporter of Glass Working Machines in the world. At the same year, Glass Working Machines was the 366th most exported product in United States. The main destination of Glass Working Machines exports from United States are: Chinese Taipei ($95.7M), China ($78.1M), Mexico ($58.7M), Belgium ($57.4M), and South Korea ($51.8M).

The fastest growing export markets for Glass Working Machines of United States between 2022 and 2023 were China ($53.9M), Belgium ($42.4M), and Chinese Taipei ($35.9M).

Imports In 2023, United States imported $245M 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 694th most imported product in United States. United States imports Glass Working Machines primarily from: Germany ($36.7M), Italy ($28.4M), Finland ($27.2M), Switzerland ($22.6M), and France ($19.8M).

The fastest growing import markets in Glass Working Machines for United States between 2022 and 2023 were Italy ($14.7M), Switzerland ($14.6M), and Finland ($8.83M).

COMPANIES In 2023, leading companies such as CrimsonLogic (1.23k), At Home Procurement (87), and Euromarket Designs (36) were at the forefront of shipping Glass Working Machines to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Glass Working Machines exports accounted up to $18.6M and imports accounted up to $15.7M, resulting in a positive trade balance of $2.89M. Between November 2023 and November 2024 the exports of United States'   Glass Working Machines have decreased by $-22.4M (-54.7%) from $41M to $18.6M, while imports decreased by $-7.03M (-30.9%) from $22.7M to $15.7M.

Destinations In November 2024, Glass Working Machines were exported mostly to Mexico ($5.32M), Canada ($2.31M), Australia ($1.29M), Germany ($1.17M), and Belgium ($1.12M), and were imported mostly from China ($3.43M), Singapore ($3.15M), Italy ($1.71M), France ($1.42M), and Germany ($1.09M).

Growth In November 2024, the decrease in Glass Working Machines's year-by-year exports was explained primarily by a decrease in exports to Germany ($-22.4M or -97.2%), France ($-7.9M or -91.6%), and Chinese Taipei ($-5.25M or -71.6%). In November 2024, the decrease in Glass Working Machines's year-by-year imports was explained primarily by a decrease in imports from Singapore ($-13.3M or -68.7%), Belgium ($-4.88M or -56.9%), and France ($-1.13M or -66%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-22.4M(-54.7%)
IMPORT GROWTH (November 2023 - November 2024)$-7.03M(-30.9%)
MAIN EXPORTER (November 2024)New York$15M
MAIN DESTINATION (November 2024)Mexico$5.32M

This section shows Glass Working Machines's exports and imports data at subnational level for United States. 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 (2023)$502M
IMPORTS (2023)$245M
NET TRADE (2023)$257M

In 2023, United States exported $502M in Glass Working Machines. The main destinations of United States exports on Glass Working Machines were Chinese Taipei ($95.7M), China ($78.1M), Mexico ($58.7M), Belgium ($57.4M), and South Korea ($51.8M).

In 2023, United States imported $245M in Glass Working Machines, mainly from Germany ($36.7M), Italy ($28.4M), Finland ($27.2M), Switzerland ($22.6M), and France ($19.8M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Glass Working Machines EXPORT MARKETS FOR United States WERE (2022 - 2023):
China$53.9M (223%)
Belgium$42.4M (284%)
Chinese Taipei$35.9M (59.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glass Working Machines BY United States WERE (2022 - 2023):
South Korea-$295M (-85.1%)
Mexico-$64.9M (-52.5%)
Canada-$16.1M (-31.6%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Glass Working Machines were:
Singapore $622M
Germany $579M
In 2023, United States's main importing competitors in Glass Working Machines were:
Belgium $428M
China $418M
Chinese Taipei $312M

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Trade Value of Glass Working Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $11.6M
TOP IMPORT POTENTIALChina+ $8.99M

Glass Working Machines’s highest export potential is China. With an export gap of $11.6M.   Glass Working Machines’s highest import potential is China with an import gap of $8.99M.

See methodology.

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