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847590 (Harmonized System 1992 for 6-digit)

2023
World Trade $2.72BRnk 1173 / 4644
2023
Top Exporter | Top Importer $617M | $425MSingapore | Belgium
2023
Product Complexity 1.85Rnk 38 / 4656
2022 - 2023
Export Growth (CAGR) -31.2%Rnk 4266 / 4644
2023
Share of World Trade 0.012%Rnk 1173 / 4644

About

Overview This page contains the latest trade data of Parts of hot glass working machines. In 2023, Parts of hot glass working machines were the world's 1173rd most traded product, with a total trade of $2.72B. Between 2022 and 2023 the exports of Parts of hot glass working machines decreased by -31.2%, from $3.94B to $2.72B. Trade in Parts of hot glass working machines represent 0.012% of total world trade.

Parts of hot glass working machines are a part of Glass Working Machines.

Exports In 2023 the top exporters of Parts of hot glass working machines  were Singapore ($617M), United States ($459M), Germany ($371M), Japan ($203M), and China ($118M).

Imports In 2023 the top importers of Parts of hot glass working machines were Belgium ($425M), Chinese Taipei ($305M), South Korea ($269M), China ($258M), and Singapore ($251M).

Ranking Parts of hot glass working machines ranks 38th in the Product Complexity Index (PCI).

Description A hot glass working machine is a machine that heats and shapes glass by blowing air through the glass or by rolling the glass on a curved surface. The primary components of a hot glass working machine are a furnace, a nozzle, a cooling trough, and a shaping machine. The furnace heats the glass to the desired temperature. The nozzle blows air through the glass to shape it. The cooling trough cools the glass so that it does not crack. The shaping machine rolls the glass on a curved surface. What is the difference between a hot glass working machine and a glass cutting machine?

Latest Trends

Latest Data

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The following visualization shows the latest trends on Parts of hot glass working machines. 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)Singapore$617M
Top Destination (2023)Belgium$425M

In 2023 Parts of hot glass working machines were the world's 1173rd most traded product (out of 4,644).

In 2023, the top exporters of Parts of hot glass working machines were Singapore ($617M), United States ($459M), Germany ($371M), Japan ($203M), and China ($118M).

In 2023, the top importers of Parts of hot glass working machines were Belgium ($425M), Chinese Taipei ($305M), South Korea ($269M), China ($258M), and Singapore ($251M).

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Exporters of Parts of hot glass working machines (2023)
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Importers of Parts of hot glass working machines (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Sweden$26.6M
Top Destination Growth (2022 -  2023)China$138M

Between 2022 and 2023, the exports of Parts of hot glass working machines grew the fastest in Sweden ($26.6M), Bahrain ($26M), France ($18.4M), Italy ($14.9M), and Japan ($12.1M).

Between 2022 and 2023, the fastest growing importers of Parts of hot glass working machines were China ($138M), United Arab Emirates ($21.7M), Portugal ($19.5M), Thailand ($10.2M), and Indonesia ($6.3M).

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Exporters of Parts of hot glass working machines (2022 - 2023)

Importers of Parts of hot glass working machines (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Parts of hot glass working machines.

In 2023, market concentration measured using Shannon Entropy, was 3.82. This means that most of the exports of Parts of hot glass working machines are explained by 14 countries.

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Value of Exports in Parts of hot glass working machines

Net Trade

TOP NET EXPORTER (2023)Singapore$366M
TOP NET IMPORTER (2023)Belgium$327M

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

In 2023, the countries that had a largest trade value in exports than in imports of Parts of hot glass working machines were Singapore ($366M), United States ($303M), Germany ($296M), Japan ($177M), and Sweden ($78.9M).

In 2023, the countries that had a largest trade value in imports than in exports of Parts of hot glass working machines were Belgium ($327M), South Korea ($246M), Chinese Taipei ($214M), China ($140M), and Mexico ($85.5M).

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

Top 10 Exporters Countries of Parts of hot glass working machines 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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