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Glass fibres; glass wool and articles thereof

701980 (Harmonized System 2022 for 6-digit)

2022
World Trade $1.69BRnk 1735 / 5606
2022
Top Exporter | Top Importer $224M | $238MChina | United States
2022
Product Complexity 0.42Rnk 2151 / 5606
2022
Share of World Trade 0.0072%Rnk 1735 / 5606

About

Overview This page contains the latest trade data of Glass wool products. In 2022, Glass wool products were the world's 1735th most traded product, with a total trade of $1.69B.

Glass wool products are a part of Glass Fibers.

Exports In 2022 the top exporters of Glass wool products  were China ($224M), United States ($218M), Canada ($149M), Belgium ($129M), and Sweden ($119M).

Imports In 2022 the top importers of Glass wool products were United States ($238M), France ($138M), Canada ($126M), Germany ($76.3M), and Japan ($72.6M).

Ranking Glass wool products ranks 2151st in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Glass wool products. 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)China$224M
Top Destination (2022)United States$238M

In 2022 Glass wool products were the world's 1735th most traded product (out of 5,606).

In 2022, the top exporters of Glass wool products were China ($224M), United States ($218M), Canada ($149M), Belgium ($129M), and Sweden ($119M).

In 2022, the top importers of Glass wool products were United States ($238M), France ($138M), Canada ($126M), Germany ($76.3M), and Japan ($72.6M).

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Exporters of Glass wool products (2022)
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Importers of Glass wool products (2022)
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Market Dynamics

Color
Top Origin Growth (false -  2022)China$224M
Top Destination Growth (false -  2022)United States$238M

Between false and 2022, the exports of Glass wool products grew the fastest in China ($224M), United States ($218M), Canada ($149M), Belgium ($129M), and Sweden ($119M).

Between false and 2022, the fastest growing importers of Glass wool products were United States ($238M), France ($138M), Canada ($126M), Germany ($76.3M), and Japan ($72.6M).

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Exporters of Glass wool products (NaN - 2022)

Importers of Glass wool products (NaN - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Glass wool products.

In 2022, market concentration measured using Shannon Entropy, was 4.42. This means that most of the exports of Glass wool products are explained by 21 countries.

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Value of Exports in Glass wool products

Net Trade

TOP NET EXPORTER (2022)China$189M
TOP NET IMPORTER (2022)France$109M

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

In 2022, the countries that had a largest trade value in exports than in imports of Glass wool products were China ($189M), Belgium ($95.2M), Sweden ($79.3M), United Kingdom ($67.1M), and Czechia ($57.1M).

In 2022, the countries that had a largest trade value in imports than in exports of Glass wool products were France ($109M), Japan ($66.6M), Australia ($51.4M), Ireland ($40.3M), and Austria ($33.9M).

Net Trade (2022)

Country Comparison

Flow
Measure
Ranking

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

Top 10 Exporters Countries of Glass wool products 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 (2022)

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