Glass fibres; (including glass wool), chemically bonded mats

701915 (Harmonized System 2022 for 6-digit)

About

Overview This page contains the latest trade data of Glass fibre chemically bonded mats. In 2023, Glass fibre chemically bonded mats were the world's 2993rd most traded product, with a total trade of $557M. Between 2022 and 2023 the exports of Glass fibre chemically bonded mats decreased by -14.7%, from $654M to $557M. Trade in Glass fibre chemically bonded mats represent 0.0025% of total world trade.

Glass fibre chemically bonded mats are a part of Glass Fibers.

Exports In 2023 the top exporters of Glass fibre chemically bonded mats  were China ($184M), Italy ($65.5M), Germany ($57.4M), Canada ($34.9M), and Belgium ($34.1M).

Imports In 2023 the top importers of Glass fibre chemically bonded mats were United States ($92.8M), South Korea ($43.4M), India ($28.8M), Mexico ($25.9M), and Germany ($23.6M).

Ranking Glass fibre chemically bonded mats ranks 3103rd in the Product Complexity Index (PCI).

Latest Data

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The following visualization shows the latest trends on Glass fibre chemically bonded mats. 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

Year
Top Origin (2023)China$184M
Top Destination (2023)United States$92.8M

In 2023 Glass fibre chemically bonded mats were the world's 2993rd most traded product (out of 5,606).

In 2023, the top exporters of Glass fibre chemically bonded mats were China ($184M), Italy ($65.5M), Germany ($57.4M), Canada ($34.9M), and Belgium ($34.1M).

In 2023, the top importers of Glass fibre chemically bonded mats were United States ($92.8M), South Korea ($43.4M), India ($28.8M), Mexico ($25.9M), and Germany ($23.6M).

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Exporters of Glass fibre chemically bonded mats (2023)
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Importers of Glass fibre chemically bonded mats (2023)
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Market Dynamics

Starting
Ending
Color
Top Origin Growth (2022 -  2023)Canada$12.5M
Top Destination Growth (2022 -  2023)South Korea$7.72M

Between 2022 and 2023, the exports of Glass fibre chemically bonded mats grew the fastest in Canada ($12.5M), United States ($5.75M), United Kingdom ($4.15M), Morocco ($3.51M), and Belgium ($2.67M).

Between 2022 and 2023, the fastest growing importers of Glass fibre chemically bonded mats were South Korea ($7.72M), United Kingdom ($5.51M), China ($3.54M), Ireland ($2.28M), and Mexico ($1.99M).

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Exporters of Glass fibre chemically bonded mats (2022 - 2023)

Importers of Glass fibre chemically bonded mats (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Glass fibre chemically bonded mats.

In 2023, market concentration measured using Shannon Entropy, was 3.61. This means that most of the exports of Glass fibre chemically bonded mats are explained by 12 countries.

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Value of Exports in Glass fibre chemically bonded mats

Net Trade

Year
TOP NET EXPORTER (2023)China$172M
TOP NET IMPORTER (2023)United States$58.7M

This map shows which countries export or import more of Glass fibre chemically bonded mats. Each country is colored based on the difference in exports and imports of Glass fibre chemically bonded mats during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Glass fibre chemically bonded mats were China ($172M), Italy ($50.7M), Germany ($33.7M), Egypt ($19.4M), and Belgium ($18.4M).

In 2023, the countries that had a largest trade value in imports than in exports of Glass fibre chemically bonded mats were United States ($58.7M), South Korea ($39.4M), India ($21.4M), Sweden ($15.2M), and Spain ($14.9M).

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 fibre chemically bonded mats.
It is possible to select the main countries that export or import Glass fibre chemically bonded mats in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Glass fibre chemically bonded mats by percentage of total exports

Product Complexity

Diversification Frontier

Specialization
Year

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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