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701940 (Harmonized System 1996 for 6-digit)

2023
World Trade $342MRnk 3294 / 4766
2023
Top Exporter | Top Importer $102M | $38.1MChina | United States
2023
Product Complexity 0.23Rnk 2224 / 4780
2022 - 2023
Export Growth (CAGR) -7.62%Rnk 2494 / 4766
2023
Share of World Trade 0.0015%Rnk 3294 / 4766

About

Overview This page contains the latest trade data of Glass Fibre Fabric: Made from Rovings. In 2023, Glass Fibre Fabric: Made from Rovings were the world's 3294th most traded product, with a total trade of $342M. Between 2022 and 2023 the exports of Glass Fibre Fabric: Made from Rovings decreased by -7.62%, from $371M to $342M. Trade in Glass Fibre Fabric: Made from Rovings represent 0.0015% of total world trade.

Glass Fibre Fabric: Made from Rovings are a part of Glass fibres (including glass wool) and articles thereof (e.g. yarn, woven fabrics).

Exports In 2023 the top exporters of Glass Fibre Fabric: Made from Rovings  were China ($102M), Czechia ($28.1M), United States ($27.9M), Germany ($26.2M), and Morocco ($11.1M).

Imports In 2023 the top importers of Glass Fibre Fabric: Made from Rovings were United States ($38.1M), Germany ($24M), Mexico ($19.5M), Italy ($18.6M), and India ($18.1M).

Ranking Glass Fibre Fabric: Made from Rovings ranks 2224th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Glass Fibre Fabric: Made from Rovings. 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$102M
Top Destination (2023)United States$38.1M

In 2023 Glass Fibre Fabric: Made from Rovings were the world's 3294th most traded product (out of 4,766).

In 2023, the top exporters of Glass Fibre Fabric: Made from Rovings were China ($102M), Czechia ($28.1M), United States ($27.9M), Germany ($26.2M), and Morocco ($11.1M).

In 2023, the top importers of Glass Fibre Fabric: Made from Rovings were United States ($38.1M), Germany ($24M), Mexico ($19.5M), Italy ($18.6M), and India ($18.1M).

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Exporters of Glass Fibre Fabric: Made from Rovings (2023)
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Importers of Glass Fibre Fabric: Made from Rovings (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$10.7M
Top Destination Growth (2022 -  2023)Mexico$13.2M

Between 2022 and 2023, the exports of Glass Fibre Fabric: Made from Rovings grew the fastest in China ($10.7M), United States ($10.4M), Morocco ($6.28M), Finland ($1.75M), and Tunisia ($1.69M).

Between 2022 and 2023, the fastest growing importers of Glass Fibre Fabric: Made from Rovings were Mexico ($13.2M), India ($12.5M), Saudi Arabia ($2.99M), Belgium ($1.98M), and United Arab Emirates ($1.76M).

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Exporters of Glass Fibre Fabric: Made from Rovings (2022 - 2023)

Importers of Glass Fibre Fabric: Made from Rovings (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Glass Fibre Fabric: Made from Rovings.

In 2023, market concentration measured using Shannon Entropy, was 4.24. This means that most of the exports of Glass Fibre Fabric: Made from Rovings are explained by 18 countries.

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Value of Exports in Glass Fibre Fabric: Made from Rovings

Net Trade

TOP NET EXPORTER (2023)China$96.4M
TOP NET IMPORTER (2023)Mexico$17.9M

This map shows which countries export or import more of Glass Fibre Fabric: Made from Rovings. Each country is colored based on the difference in exports and imports of Glass Fibre Fabric: Made from Rovings during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Glass Fibre Fabric: Made from Rovings were China ($96.4M), Czechia ($21.6M), Morocco ($10.7M), Latvia ($6.25M), and Finland ($5.19M).

In 2023, the countries that had a largest trade value in imports than in exports of Glass Fibre Fabric: Made from Rovings were Mexico ($17.9M), India ($12.2M), Turkey ($11.8M), Brazil ($10.8M), and United States ($10.2M).

Net Trade (2023)

Country Comparison

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

Top 10 Exporters Countries of Glass Fibre Fabric: Made from Rovings 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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