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701931 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.29BRnk 1831 / 4644
2023
Top Exporter | Top Importer $340M | $178MChina | United States
2023
Product Complexity 0.36Rnk 1906 / 4656
2022 - 2023
Export Growth (CAGR) -22.2%Rnk 3830 / 4644
2023
Share of World Trade 0.0057%Rnk 1831 / 4644

About

Overview This page contains the latest trade data of Mats of glass fibres. In 2023, Mats of glass fibres were the world's 1831st most traded product, with a total trade of $1.29B. Between 2022 and 2023 the exports of Mats of glass fibres decreased by -22.2%, from $1.65B to $1.29B. Trade in Mats of glass fibres represent 0.0057% of total world trade.

Mats of glass fibres are a part of Glass Fibers.

Exports In 2023 the top exporters of Mats of glass fibres  were China ($340M), United States ($120M), Germany ($104M), Italy ($76.9M), and Egypt ($51.8M).

Imports In 2023 the top importers of Mats of glass fibres were United States ($178M), Canada ($78.4M), France ($77M), Germany ($65.3M), and Mexico ($57M).

Ranking Mats of glass fibres ranks 1906th in the Product Complexity Index (PCI).

Description Mats of glass fibres are often used as reinforcement in concrete and asphalt roofing. Glass fibre mats are also used in applications such as industrial filters and heat insulation.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Mats of glass fibres. 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$340M
Top Destination (2023)United States$178M

In 2023 Mats of glass fibres were the world's 1831st most traded product (out of 4,644).

In 2023, the top exporters of Mats of glass fibres were China ($340M), United States ($120M), Germany ($104M), Italy ($76.9M), and Egypt ($51.8M).

In 2023, the top importers of Mats of glass fibres were United States ($178M), Canada ($78.4M), France ($77M), Germany ($65.3M), and Mexico ($57M).

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Exporters of Mats of glass fibres (2023)
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Importers of Mats of glass fibres (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Egypt$16.8M
Top Destination Growth (2022 -  2023)Mexico$34.6M

Between 2022 and 2023, the exports of Mats of glass fibres grew the fastest in Egypt ($16.8M), United States ($13.9M), United Kingdom ($6.55M), Canada ($4.96M), and Japan ($3.95M).

Between 2022 and 2023, the fastest growing importers of Mats of glass fibres were Mexico ($34.6M), Chinese Taipei ($11.9M), Luxembourg ($6.36M), Russia ($3M), and United Kingdom ($2.95M).

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Exporters of Mats of glass fibres (2022 - 2023)

Importers of Mats of glass fibres (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Mats of glass fibres.

In 2023, market concentration measured using Shannon Entropy, was 4.29. This means that most of the exports of Mats of glass fibres are explained by 19 countries.

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Value of Exports in Mats of glass fibres

Net Trade

TOP NET EXPORTER (2023)China$295M
TOP NET IMPORTER (2023)United States$58.2M

This map shows which countries export or import more of Mats of glass fibres. Each country is colored based on the difference in exports and imports of Mats of glass fibres during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Mats of glass fibres were China ($295M), Egypt ($48M), Germany ($39.1M), Chinese Taipei ($27.8M), and Bahrain ($26.9M).

In 2023, the countries that had a largest trade value in imports than in exports of Mats of glass fibres were United States ($58.2M), South Korea ($46.1M), India ($38.5M), Canada ($35.6M), and France ($25.6M).

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 Mats of glass fibres.
It is possible to select the main countries that export or import Mats of glass fibres in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Mats of glass fibres 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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