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Glass in balls (other than microspheres of heading no. 7018), rods or tubes, unworked

7002 (Harmonized System 1992 for 4-digit)

2022
World Trade $1.59BRnk 835 / 1218
2022
Top Exporter | Top Importer $422M | $258MGermany | China
2022
Product Complexity 0.88Rnk 212 / 1033
2021 - 2022
Export Growth (CAGR) 11.5%Rnk 371 / 1218
2022
Share of World Trade 0.0067%Rnk 835 / 1218

About

Overview This page contains the latest trade data of Glass Balls. In 2022, Glass Balls were the world's 835th most traded product, with a total trade of $1.59B. Between 2021 and 2022 the exports of Glass Balls grew by 11.5%, from $1.43B to $1.59B. Trade in Glass Balls represent 0.0067% of total world trade.

Glass Balls are a part of Glass & glassware. They include Tubes of fused quartz or other fused silica, Glass tubes, unworked, Tubes of glass other than low expansion, Tubes of low expansion glass (Pyrex etc), and Glass balls except microspheres < 1mm diameter.

Exports In 2022 the top exporters of Glass Balls  were Germany ($422M), United States ($309M), China ($290M), Japan ($196M), and Malaysia ($60.3M).

Imports In 2022 the top importers of Glass Balls were China ($258M), India ($178M), United States ($157M), South Korea ($117M), and Mexico ($91M).

Ranking Glass Balls ranks 212th in the Product Complexity Index (PCI).

Description Glass in balls, rods or tubes is used to make glass. Glass in balls, rods or tubes can be made from a variety of materials, including lead and boron.

Latest Trends

Latest Data

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

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)Germany$422M
Top Destination (2022)China$258M

In 2022 Glass Balls were the world's 835th most traded product (out of 1,218).

In 2022, the top exporters of Glass Balls were Germany ($422M), United States ($309M), China ($290M), Japan ($196M), and Malaysia ($60.3M).

In 2022, the top importers of Glass Balls were China ($258M), India ($178M), United States ($157M), South Korea ($117M), and Mexico ($91M).

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Exporters of Glass Balls (2022)
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Importers of Glass Balls (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$99.5M
Top Destination Growth (2021 -  2022)China$38.4M

Between 2021 and 2022, the exports of Glass Balls grew the fastest in United States ($99.5M), China ($57.7M), Germany ($27.8M), Japan ($11.1M), and Hong Kong ($10.3M).

Between 2021 and 2022, the fastest growing importers of Glass Balls were China ($38.4M), India ($27.1M), South Korea ($19.6M), Japan ($16.1M), and Indonesia ($12.6M).

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Exporters of Glass Balls (2021 - 2022)

Importers of Glass Balls (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Glass Balls.

In 2022, market concentration measured using Shannon Entropy, was 3.19. This means that most of the exports of Glass Balls are explained by 9 countries.

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Value of Exports in Glass Balls

Net Trade

TOP NET EXPORTER (2022)Germany$360M
TOP NET IMPORTER (2022)India$137M

This map shows which countries export or import more of Glass Balls. Each country is colored based on the difference in exports and imports of Glass Balls during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Glass Balls were Germany ($360M), United States ($152M), Japan ($107M), Malaysia ($55.5M), and China ($31.6M).

In 2022, the countries that had a largest trade value in imports than in exports of Glass Balls were India ($137M), South Korea ($112M), Mexico ($89.8M), Indonesia ($47.8M), and Chinese Taipei ($46.4M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Glass Balls, disaggragated by their HS6 level were Glass tubes, unworked ($492M), Tubes of fused quartz or other... ($469M), Tubes of glass other than low... ($329M), Tubes of low expansion glass (Pyrex... ($245M), and Glass balls except microspheres < 1mm... ($55M)

HS6 Disaggregation for Glass Balls (2022)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Glass Balls.
It is possible to select the main countries that export or import Glass Balls in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Glass Balls by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $11.3M
TOP IMPORT POTENTIALIndia+ $8.09M

Glass Balls’s highest export potential is India. With an export gap of $11.3M.  Glass Balls’s highest import potential is India with an import gap of $8.09M.

See methodology.

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Product Complexity

Diversification Frontier

Specialization

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.

Relatedness vs Country Complexity (2022)

Related Products

This visualization shows products that are likely to be exported by countries that export Glass Balls.

Country by Relatedness

The following visualization shows the relatedness of Glass Balls to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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