2022
Exports
$956MWorld Rnk 1 / 160
Flag Rnk 445 / 1216
2022
PRODUCT COMPLEXITY IN Knitting Machine Accessories
1.56Rnk 40 / 1025
2022
Imports
$856MWorld Rnk 1 / 202
Flag Rnk 247 / 1212
2022
ECONOMIC COMPLEXITY of China
1.12Rnk 22 / 133

About

Exports In 2022, China exported $956M in Knitting Machine Accessories, making it the 1st largest exporter of Knitting Machine Accessories in the world. At the same year, Knitting Machine Accessories was the 445th most exported product in China. The main destination of Knitting Machine Accessories exports from China are: India ($194M), Germany ($86.8M), Vietnam ($83.7M), Japan ($72M), and Belgium ($46.1M).

The fastest growing export markets for Knitting Machine Accessories of China between 2021 and 2022 were Vietnam ($20.5M), United States ($14.3M), and Belgium ($7.64M).

Imports In 2022, China imported $856M in Knitting Machine Accessories, becoming the 1st largest importer of Knitting Machine Accessories in the world. At the same year, Knitting Machine Accessories was the 247th most imported product in China. China imports Knitting Machine Accessories primarily from: Germany ($187M), Singapore ($139M), Italy ($74.3M), Japan ($72.6M), and Switzerland ($68.2M).

The fastest growing import markets in Knitting Machine Accessories for China between 2021 and 2022 were Singapore ($130M), Austria ($3.97M), and China ($3.01M).

COMPANIES In 2023, leading companies such as CrimsonLogic (20.2k), Amazon (60), and Helly Hansen (44) were at the forefront of shipping Knitting Machine Accessories from China to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-5.44M(-7.5%)
IMPORT GROWTH (July 2023 - July 2024)$12.6M(23.7%)
MAIN EXPORTER (July 2024)Jiangsu Province$24.8M
MAIN DESTINATION (July 2024)India$21.5M

This section shows Knitting Machine Accessories's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Knitting Machine Accessories over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$956M
IMPORTS (2022)$856M
NET TRADE (2022)$99.7M

In 2022, China exported $956M in Knitting Machine Accessories. The main destinations of China exports on Knitting Machine Accessories were India ($194M), Germany ($86.8M), Vietnam ($83.7M), Japan ($72M), and Belgium ($46.1M).

In 2022, China imported $856M in Knitting Machine Accessories, mainly from Germany ($187M), Singapore ($139M), Italy ($74.3M), Japan ($72.6M), and Switzerland ($68.2M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knitting Machine Accessories EXPORT MARKETS FOR China WERE (2021 - 2022):
Vietnam$20.5M (32.5%)
United States$14.3M (76%)
Belgium$7.64M (19.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knitting Machine Accessories BY China WERE (2021 - 2022):
Pakistan-$9.79M (-20.3%)
India-$8.83M (-4.36%)
Tajikistan-$8.29M (-69.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Knitting Machine Accessories were:
In 2022, China's main importing competitors in Knitting Machine Accessories were:

Explore Visualizations

Trade Value of Knitting Machine Accessories by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $58.8M
TOP IMPORT POTENTIALIndia+ $21.5M

Knitting Machine Accessories’s highest export potential is India. With an export gap of $58.8M.   Knitting Machine Accessories’s highest import potential is India with an import gap of $21.5M.

See methodology.

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