2022
Exports | Imports
$1.79B | $419MWorld Rnk 1 / 176
Flag Rnk 315 / 1216
World Rnk 3 / 216
Flag Rnk 388 / 1212
2022
ECONOMIC COMPLEXITY of China
1.01Rnk 24 / 124
2022
PRODUCT COMPLEXITY IN Textile Processing Machines
1.23Rnk 98 / 1025

About

Exports In 2022, China exported $1.79B in Textile Processing Machines, making it the 1st largest exporter of Textile Processing Machines in the world. At the same year, Textile Processing Machines was the 315th most exported product in China. The main destination of Textile Processing Machines exports from China are: South Korea ($281M), Vietnam ($146M), United States ($126M), Bangladesh ($81.9M), and India ($71.6M).

The fastest growing export markets for Textile Processing Machines of China between 2021 and 2022 were Malaysia ($26.4M), Australia ($20.9M), and Russia ($16.6M).

Imports In 2022, China imported $419M in Textile Processing Machines, becoming the 3rd largest importer of Textile Processing Machines in the world. At the same year, Textile Processing Machines was the 388th most imported product in China. China imports Textile Processing Machines primarily from: Poland ($88.6M), Chinese Taipei ($85.7M), Italy ($60.8M), Germany ($59.2M), and South Korea ($43.6M).

The fastest growing import markets in Textile Processing Machines for China between 2021 and 2022 were Germany ($7.83M), Hong Kong ($2.25M), and United States ($1.62M).

COMPANIES In 2023, leading companies such as SAMSUNG ELECTRONICS AMERICA (18.8k), AMAZON SERVICES LLC (6.5k), and ELECTROLUX HOME PRODUCTS, INC. (2.72k) were at the forefront of shipping Textile Processing Machines from China to the United States.

Latest Trends

February 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (February 2023 - February 2024)$9.6M(9.53%)
IMPORT GROWTH (February 2023 - February 2024)$-3.57M(-14.8%)
MAIN EXPORTER (February 2024)Jiangsu Province$61.2M
MAIN DESTINATION (February 2024)Vietnam$7.64M

This section shows Textile Processing Machines'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 Textile Processing Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.79B
IMPORTS (2022)$419M
NET TRADE (2022)$1.37B

In 2022, China exported $1.79B in Textile Processing Machines. The main destinations of China exports on Textile Processing Machines were South Korea ($281M), Vietnam ($146M), United States ($126M), Bangladesh ($81.9M), and India ($71.6M).

In 2022, China imported $419M in Textile Processing Machines, mainly from Poland ($88.6M), Chinese Taipei ($85.7M), Italy ($60.8M), Germany ($59.2M), and South Korea ($43.6M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Textile Processing Machines EXPORT MARKETS FOR China WERE (2021 - 2022):
Malaysia$26.4M (93%)
Australia$20.9M (48.2%)
Russia$16.6M (62.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Textile Processing Machines BY China WERE (2021 - 2022):
South Korea-$90.6M (-24.4%)
United States-$38M (-23.2%)
Chile-$14M (-42.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Textile Processing Machines were:
In 2022, China's main importing competitors in Textile Processing Machines were:

Explore Visualizations

Trade Value of Textile Processing Machines by Exporters

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