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Signalling glassware and optical elements of glass (other than those of heading no. 7015), not optically worked

7014 (Harmonized System 1992 for 4-digit)

2022
World Trade $584MRnk 1029 / 1218
2022
Top Exporter | Top Importer $128M | $104MChina | Germany
2022
Product Complexity 1.32Rnk 81 / 1033
2021 - 2022
Export Growth (CAGR) 0.97%Rnk 817 / 1218
2022
Share of World Trade 0.0025%Rnk 1029 / 1218

About

Overview This page contains the latest trade data of Signaling Glassware. In 2022, Signaling Glassware were the world's 1029th most traded product, with a total trade of $584M. Between 2021 and 2022 the exports of Signaling Glassware grew by 0.97%, from $578M to $584M. Trade in Signaling Glassware represent 0.0025% of total world trade.

Signaling Glassware are a part of Glass & glassware. They include Signalling glassware, unworked optical elements.

Exports In 2022 the top exporters of Signaling Glassware  were China ($128M), United States ($91.4M), Japan ($88.7M), Germany ($70.7M), and Malaysia ($58.3M).

Imports In 2022 the top importers of Signaling Glassware were Germany ($104M), China ($76.6M), Japan ($69.7M), United States ($42.2M), and Thailand ($27.6M).

Ranking Signaling Glassware ranks 81st in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Signaling Glassware. 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$128M
Top Destination (2022)Germany$104M

In 2022 Signaling Glassware were the world's 1029th most traded product (out of 1,218).

In 2022, the top exporters of Signaling Glassware were China ($128M), United States ($91.4M), Japan ($88.7M), Germany ($70.7M), and Malaysia ($58.3M).

In 2022, the top importers of Signaling Glassware were Germany ($104M), China ($76.6M), Japan ($69.7M), United States ($42.2M), and Thailand ($27.6M).

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Exporters of Signaling Glassware (2022)
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Importers of Signaling Glassware (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)South Korea$7.7M
Top Destination Growth (2021 -  2022)Vietnam$10.1M

Between 2021 and 2022, the exports of Signaling Glassware grew the fastest in South Korea ($7.7M), United States ($7.11M), Thailand ($5.6M), United Kingdom ($5.57M), and Germany ($4.61M).

Between 2021 and 2022, the fastest growing importers of Signaling Glassware were Vietnam ($10.1M), United States ($7.83M), Macau ($7.28M), Germany ($6.78M), and India ($5.15M).

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Exporters of Signaling Glassware (2021 - 2022)

Importers of Signaling Glassware (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Signaling Glassware.

In 2022, market concentration measured using Shannon Entropy, was 3.46. This means that most of the exports of Signaling Glassware are explained by 11 countries.

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Value of Exports in Signaling Glassware

Net Trade

TOP NET EXPORTER (2022)China$51.3M
TOP NET IMPORTER (2022)Germany$32.9M

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

In 2022, the countries that had a largest trade value in exports than in imports of Signaling Glassware were China ($51.3M), Malaysia ($50.3M), United States ($49.2M), Japan ($18.9M), and Chinese Taipei ($5.66M).

In 2022, the countries that had a largest trade value in imports than in exports of Signaling Glassware were Germany ($32.9M), Vietnam ($20.7M), Hong Kong ($14.5M), Singapore ($11.5M), and India ($9.29M).

Net Trade (2022)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Signaling Glassware by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $1.19M
TOP IMPORT POTENTIALChina+ $1.94M

Signaling Glassware’s highest export potential is China. With an export gap of $1.19M.  Signaling Glassware’s highest import potential is China with an import gap of $1.94M.

See methodology.

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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)

Country by Relatedness

The following visualization shows the relatedness of Signaling Glassware to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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