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701912 (Harmonized System 1996 for 6-digit)

2023
World Trade $1.63BRnk 1639 / 4766
2023
Top Exporter | Top Importer $553M | $326MChina | United States
2023
Product Complexity 0.41Rnk 1871 / 4780
2022 - 2023
Export Growth (CAGR) -23.3%Rnk 4018 / 4766
2023
Share of World Trade 0.0072%Rnk 1639 / 4766

About

Overview This page contains the latest trade data of Glass Fibres: Long Strands, Known as Rovings. In 2023, Glass Fibres: Long Strands, Known as Rovings were the world's 1639th most traded product, with a total trade of $1.63B. Between 2022 and 2023 the exports of Glass Fibres: Long Strands, Known as Rovings decreased by -23.3%, from $2.12B to $1.63B. Trade in Glass Fibres: Long Strands, Known as Rovings represent 0.0072% of total world trade.

Glass Fibres: Long Strands, Known as 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 Fibres: Long Strands, Known as Rovings  were China ($553M), Mexico ($153M), Egypt ($119M), Belgium ($102M), and Bahrain ($80.2M).

Imports In 2023 the top importers of Glass Fibres: Long Strands, Known as Rovings were United States ($326M), Germany ($126M), Italy ($84.2M), Turkey ($82.3M), and Mexico ($73M).

Ranking Glass Fibres: Long Strands, Known as Rovings ranks 1871st in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Glass Fibres: Long Strands, Known as 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$553M
Top Destination (2023)United States$326M

In 2023 Glass Fibres: Long Strands, Known as Rovings were the world's 1639th most traded product (out of 4,766).

In 2023, the top exporters of Glass Fibres: Long Strands, Known as Rovings were China ($553M), Mexico ($153M), Egypt ($119M), Belgium ($102M), and Bahrain ($80.2M).

In 2023, the top importers of Glass Fibres: Long Strands, Known as Rovings were United States ($326M), Germany ($126M), Italy ($84.2M), Turkey ($82.3M), and Mexico ($73M).

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Exporters of Glass Fibres: Long Strands, Known as Rovings (2023)
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Importers of Glass Fibres: Long Strands, Known as Rovings (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)France$15.6M
Top Destination Growth (2022 -  2023)Sweden$5.86M

Between 2022 and 2023, the exports of Glass Fibres: Long Strands, Known as Rovings grew the fastest in France ($15.6M), Thailand ($12.3M), Brazil ($6.83M), Norway ($6.17M), and India ($4.82M).

Between 2022 and 2023, the fastest growing importers of Glass Fibres: Long Strands, Known as Rovings were Sweden ($5.86M), Argentina ($4.7M), Kazakhstan ($4.09M), Iraq ($2.82M), and Finland ($2.62M).

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Exporters of Glass Fibres: Long Strands, Known as Rovings (2022 - 2023)

Importers of Glass Fibres: Long Strands, Known as Rovings (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Glass Fibres: Long Strands, Known as Rovings.

In 2023, market concentration measured using Shannon Entropy, was 3.73. This means that most of the exports of Glass Fibres: Long Strands, Known as Rovings are explained by 13 countries.

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Value of Exports in Glass Fibres: Long Strands, Known as Rovings

Net Trade

TOP NET EXPORTER (2023)China$540M
TOP NET IMPORTER (2023)United States$251M

This map shows which countries export or import more of Glass Fibres: Long Strands, Known as Rovings. Each country is colored based on the difference in exports and imports of Glass Fibres: Long Strands, Known as Rovings during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Glass Fibres: Long Strands, Known as Rovings were China ($540M), Egypt ($114M), Mexico ($80.3M), Bahrain ($79.2M), and Norway ($68.5M).

In 2023, the countries that had a largest trade value in imports than in exports of Glass Fibres: Long Strands, Known as Rovings were United States ($251M), Germany ($106M), Turkey ($70.1M), Italy ($53.9M), and Spain ($49.3M).

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 Fibres: Long Strands, Known as Rovings.
It is possible to select the main countries that export or import Glass Fibres: Long Strands, Known as Rovings in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Glass Fibres: Long Strands, Known as 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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