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701020 (Harmonized System 1996 for 6-digit)

2023
World Trade $218MRnk 3696 / 4766
2023
Top Exporter | Top Importer $104M | $44.2MChina | Italy
2023
Product Complexity 0.59Rnk 1544 / 4780
2022 - 2023
Export Growth (CAGR) -10.6%Rnk 2867 / 4766
2023
Share of World Trade 0.00097%Rnk 3696 / 4766

About

Overview This page contains the latest trade data of Glass Closures like Stoppers & Lids. In 2023, Glass Closures like Stoppers & Lids were the world's 3696th most traded product, with a total trade of $218M. Between 2022 and 2023 the exports of Glass Closures like Stoppers & Lids decreased by -10.6%, from $244M to $218M. Trade in Glass Closures like Stoppers & Lids represent 0.00097% of total world trade.

Glass Closures like Stoppers & Lids are a part of Carboys, bottles, flasks, jars, pots, phials, ampoules, containers of glass of a....

Exports In 2023 the top exporters of Glass Closures like Stoppers & Lids  were China ($104M), Czechia ($30.2M), Germany ($21.8M), Austria ($11.6M), and France ($9.23M).

Imports In 2023 the top importers of Glass Closures like Stoppers & Lids were Italy ($44.2M), France ($19.2M), Netherlands ($11.1M), United States ($11M), and Brazil ($9.26M).

Ranking Glass Closures like Stoppers & Lids ranks 1544th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Glass Closures like Stoppers & Lids. 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 (2023)China$104M
Top Destination (2023)Italy$44.2M

In 2023 Glass Closures like Stoppers & Lids were the world's 3696th most traded product (out of 4,766).

In 2023, the top exporters of Glass Closures like Stoppers & Lids were China ($104M), Czechia ($30.2M), Germany ($21.8M), Austria ($11.6M), and France ($9.23M).

In 2023, the top importers of Glass Closures like Stoppers & Lids were Italy ($44.2M), France ($19.2M), Netherlands ($11.1M), United States ($11M), and Brazil ($9.26M).

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Exporters of Glass Closures like Stoppers & Lids (2023)
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Importers of Glass Closures like Stoppers & Lids (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Czechia$11.1M
Top Destination Growth (2022 -  2023)Italy$18.3M

Between 2022 and 2023, the exports of Glass Closures like Stoppers & Lids grew the fastest in Czechia ($11.1M), Germany ($4.99M), Spain ($3.08M), Austria ($2.92M), and Japan ($1.58M).

Between 2022 and 2023, the fastest growing importers of Glass Closures like Stoppers & Lids were Italy ($18.3M), Vietnam ($1.85M), Japan ($1.39M), Turkey ($1.04M), and Algeria ($1.03M).

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Exporters of Glass Closures like Stoppers & Lids (2022 - 2023)

Importers of Glass Closures like Stoppers & Lids (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Glass Closures like Stoppers & Lids.

In 2023, market concentration measured using Shannon Entropy, was 2.93. This means that most of the exports of Glass Closures like Stoppers & Lids are explained by 7 countries.

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Value of Exports in Glass Closures like Stoppers & Lids

Net Trade

TOP NET EXPORTER (2023)China$102M
TOP NET IMPORTER (2023)Italy$39.8M

This map shows which countries export or import more of Glass Closures like Stoppers & Lids. Each country is colored based on the difference in exports and imports of Glass Closures like Stoppers & Lids during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Glass Closures like Stoppers & Lids were China ($102M), Czechia ($25.8M), Germany ($13.6M), Austria ($9.27M), and Spain ($3.32M).

In 2023, the countries that had a largest trade value in imports than in exports of Glass Closures like Stoppers & Lids were Italy ($39.8M), Netherlands ($10.2M), France ($9.94M), United States ($9.88M), and Brazil ($9.22M).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Glass Closures like Stoppers & Lids by percentage of total exports

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 (2023)

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