2022
Exports
$203MWorld Rnk 17 / 172
Flag Rnk 306 / 1212
2022
PRODUCT COMPLEXITY IN Glass Fibers
0.47Rnk 376 / 1025
2022
Imports
$460MWorld Rnk 11 / 223
Flag Rnk 193 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $203M in Glass Fibers, making it the 17th largest exporter of Glass Fibers in the world. At the same year, Glass Fibers was the 306th most exported product in India. The main destination of Glass Fibers exports from India are: United States ($68.3M), Brazil ($19.8M), Belgium ($16.6M), Germany ($11.7M), and Spain ($10.1M).

The fastest growing export markets for Glass Fibers of India between 2021 and 2022 were United States ($13.7M), Belgium ($9.6M), and Brazil ($5.25M).

Imports In 2022, India imported $460M in Glass Fibers, becoming the 11th largest importer of Glass Fibers in the world. At the same year, Glass Fibers was the 193rd most imported product in India. India imports Glass Fibers primarily from: China ($317M), Malaysia ($25.1M), Thailand ($13.7M), United States ($13.6M), and Chinese Taipei ($12.5M).

The fastest growing import markets in Glass Fibers for India between 2021 and 2022 were China ($125M), Thailand ($9.18M), and Chinese Taipei ($2.54M).

COMPANIES In 2023, leading companies such as At Home Procurement (12), IKEA Group (5), and Mystic Apparel (3) were at the forefront of shipping Glass Fibers from India to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Glass Fibers. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$203M
IMPORTS (2022)$460M
NET TRADE (2022)-$257M

In 2022, India exported $203M in Glass Fibers. The main destinations of India exports on Glass Fibers were United States ($68.3M), Brazil ($19.8M), Belgium ($16.6M), Germany ($11.7M), and Spain ($10.1M).

In 2022, India imported $460M in Glass Fibers, mainly from China ($317M), Malaysia ($25.1M), Thailand ($13.7M), United States ($13.6M), and Chinese Taipei ($12.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Glass Fibers EXPORT MARKETS FOR India WERE (2021 - 2022):
United States$13.7M (25%)
Belgium$9.6M (137%)
Brazil$5.25M (36.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glass Fibers BY India WERE (2021 - 2022):
Spain-$3.13M (-23.7%)
France-$1.66M (-29.4%)
China-$1.29M (-33.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Glass Fibers were:
In 2022, India's main importing competitors in Glass Fibers were:

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Trade Value of Glass Fibers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $26.6M
TOP IMPORT POTENTIALChina+ $102M

Glass Fibers’s highest export potential is United States. With an export gap of $26.6M.   Glass Fibers’s highest import potential is China with an import gap of $102M.

See methodology.

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