Product intelligence · HS 700490 · 2024 data

Glass: drawn and blown, in sheets, (other than glass coloured throughout the mass (body tinted), opacified, flashed or having an absorbent, reflecting or non-reflecting layer)

Global exports of glass: drawn and blown, in sheets, (other than glass coloured throughout the mass (body tinted), opacified, flashed or having an absorbent, reflecting or non-reflecting layer) totalled $1,607,870,432 in 2024, a +113.1% change from the previous year. Traded by 114 countries across 1,533 bilateral corridors, with demand from 191 importing markets. The long-term trend is rapid growth.

Data: OECD BIMTS · Coverage: 19952024 · Updated: 2026-07-17

Global trade

$1.6B

+113.1% YoY

3Y / 5Y CAGR

+32.7%

5Y: +22.3%

Supply structure

Moderately concentrated

HHI 0.242

Volatility

Medium

Score 48/100

1.

Market movement

In 2024, glass: drawn and blown, in sheets, (other than glass coloured throughout the mass (body tinted), opacified, flashed or having an absorbent, reflecting or non-reflecting layer) trade exhibited strong growth, with global flows reaching $1,607,870,432 and a three-year compound annual growth rate of +32.7% (five-year: +22.3%). The all-time peak of $3,227,341,579 was recorded in 2011; the current level is 50% below that high-water mark.

Over the 30-year observation window (19952024), 52% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is strengthening (+33.2% acceleration).

The World Trade Flows Characterization classifies glass: drawn and blown, in sheets, (other than glass coloured throughout the mass (body tinted), opacified, flashed or having an absorbent, reflecting or non-reflecting layer) as "One-way trade" in the medium price range price segment, providing additional context for market positioning and competitive dynamics.

2.

Supply & demand structure

The supply side is moderately concentrated (Herfindahl-Hirschman Index 0.242). The three largest exporters — South Korea ($576.5M), China ($337.2M), and Japan ($322.8M) — collectively dominate supply flows. The leading exporter has grown at +361.8% over the last three years.

On the demand side, importer concentration is concentrated (HHI 0.344). The three largest import markets are China ($862.6M), Hong Kong ($318.4M), and South Korea ($156.2M). The largest importing market sources from 24 different supplying countries.

The dominant trade corridor is South Korea → China at $503.1M, representing 58.3% of the importer's total demand.

3.

Risk profile & trade outlook

The volatility score for glass: drawn and blown, in sheets, (other than glass coloured throughout the mass (body tinted), opacified, flashed or having an absorbent, reflecting or non-reflecting layer) is 48 out of 100, classified as medium. Trade flows are moderately variable, typical for goods with seasonal or cyclical demand patterns.

For market entrants, strong demand tailwinds create a favourable entry environment. A moderately concentrated market rewards differentiated positioning and strategic partner selection.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.

Historical evidence

Annual trade value 19952024

Peak: $3,227,341,579 in 2011. Currently 50% below peak.

YearGlobal trade (USD)YoY growth
2015$1,206,785,803-28.9%
2016$1,068,168,431-11.5%
2017$745,258,521-30.2%
2018$788,153,035+5.8%
2019$586,923,981-25.5%
2020$582,708,595-0.7%
2021$688,493,100+18.2%
2022$534,051,920-22.4%
2023$754,538,721+41.3%
2024$1,607,870,432+113.1%

Top exporting countries

Ranked by export value of glass: drawn and blown, in sheets, (other than glass coloured throughout the mass (body tinted), opacified, flashed or having an absorbent, reflecting or non-reflecting layer) in 2024.

View all 114 exporters →

Top importing markets

Largest import destinations for glass: drawn and blown, in sheets, (other than glass coloured throughout the mass (body tinted), opacified, flashed or having an absorbent, reflecting or non-reflecting layer).

View all 191 markets →

Leading trade corridors

Largest bilateral export flows for glass: drawn and blown, in sheets, (other than glass coloured throughout the mass (body tinted), opacified, flashed or having an absorbent, reflecting or non-reflecting layer), ranked by value. Click any country to view its full profile.

#ExporterImporterValue 20243Y CAGR
1South KoreaChina$503.1M+1015.6%
2ChinaHong Kong$277.1M+851.2%
3TaiwanChina$229.5M+385.5%
4JapanSouth Korea$134.4M+5.2%
5JapanTaiwan$93.3M-12.5%
6JapanChina$87.3M-24.9%
7South KoreaHong Kong$41.1M+2168.9%
8TaiwanUnited States$29.0M+138.3%

Showing top 8 of 10 corridors with available data for 2024.

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Sources, definitions & methodology

Data source

OECD Bilateral International Merchandise Trade Statistics (BIMTS). Aggregated from 312M+ reported trade records across 200+ countries and 5,300+ HS6 product codes. Coverage: 19952024.

Key indicators

HHI (Herfindahl-Hirschman Index): market concentration, 0 = fully diversified, 1 = single player. CAGR: compound annual growth rate over a stated period. Volatility score: trade value variability, 0–100 scale.

How this page is made

All statistical content on this page is data-driven, composed programmatically from live OECD trade records. No generic AI-generated prose is used. Analytical paragraphs combine real data points with factual interpretation. This page was last refreshed on 2026-07-17.