Product intelligence · HS 701400 · 2024 data

Glassware: signalling, (not optically worked)

Global exports of glassware: signalling, (not optically worked) totalled $621,855,780 in 2024, a +1.2% change from the previous year. Traded by 109 countries across 2,297 bilateral corridors, with demand from 180 importing markets. The long-term trend is stable.

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

Global trade

$621.9M

+1.2% YoY

3Y / 5Y CAGR

+2.7%

5Y: +2.4%

Supply structure

Diversified

HHI 0.148

Volatility

Low

Score 2/100

1.

Market movement

In 2024, glassware: signalling, (not optically worked) trade exhibited modest growth, with global flows reaching $621,855,780 and a three-year compound annual growth rate of +2.7% (five-year: +2.4%). The all-time peak of $1,144,996,422 was recorded in 2011; the current level is 46% below that high-water mark.

Over the 30-year observation window (19952024), 62% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is strengthening (+3.4% acceleration).

The World Trade Flows Characterization classifies glassware: signalling, (not optically worked) as "Two-way vertical trade" in the high price range price segment, providing additional context for market positioning and competitive dynamics.

2.

Supply & demand structure

The supply side is diversified (Herfindahl-Hirschman Index 0.148). The three largest exporters — United States ($153.4M), China ($114.2M), and Japan ($110.2M) — collectively dominate supply flows. The leading exporter has grown at +21.2% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.118). The three largest import markets are Germany ($170.3M), China ($87.6M), and Japan ($65.0M). The largest importing market sources from 57 different supplying countries.

The dominant trade corridor is United States → Germany at $113.6M, representing 66.7% of the importer's total demand.

3.

Risk profile & trade outlook

The volatility score for glassware: signalling, (not optically worked) is 2 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, modest but steady demand provides a reasonable entry window. The diversified supply landscape means many competitors but also multiple entry points and buyer relationships to target.

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

Historical evidence

Annual trade value 19952024

Peak: $1,144,996,422 in 2011. Currently 46% below peak.

YearGlobal trade (USD)YoY growth
2015$564,021,617-15.9%
2016$605,753,739+7.4%
2017$613,237,863+1.2%
2018$647,935,324+5.7%
2019$552,960,152-14.7%
2020$452,746,589-18.1%
2021$574,195,423+26.8%
2022$594,671,827+3.6%
2023$614,553,903+3.3%
2024$621,855,780+1.2%

Top exporting countries

Ranked by export value of glassware: signalling, (not optically worked) in 2024.

View all 109 exporters →

Top importing markets

Largest import destinations for glassware: signalling, (not optically worked).

View all 180 markets →

Leading trade corridors

Largest bilateral export flows for glassware: signalling, (not optically worked), ranked by value. Click any country to view its full profile.

#ExporterImporterValue 20243Y CAGR
1United StatesGermany$113.6M+29.2%
2JapanGermany$36.2M+15.3%
3JapanThailand$25.9M-2.9%
4ChinaJapan$24.0M-11.0%
5JapanChina$23.8M-0.5%
6GermanyChina$16.0M+23.2%
7United StatesChina$15.0M+33.1%
8ChinaMyanmar$15.0M+17.0%

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

Go deeper

Get the full intelligence picture

Interactive charts, AI-powered opportunity scoring, competitor benchmarking, and real-time alerts for glassware: signalling, (not optically worked). Free to start — no credit card required.

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.