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2022
Exports | Imports $325M | $489MWorld Rnk 2 / 92
Flag Rnk 659 / 1216
World Rnk 1 / 168
Flag Rnk 351 / 1212
2021 - 2022
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN $38M | $57MTurkey |  Japan
2022
ECONOMIC COMPLEXITY of China1.01Rnk 24 / 124
2022
PRODUCT COMPLEXITY IN Artificial Textile Machinery2.03Rnk 2 / 1025

About

Exports In 2022, China exported $325M in Artificial Textile Machinery, making it the 2nd largest exporter of Artificial Textile Machinery in the world. At the same year, Artificial Textile Machinery was the 659th most exported product in China. The main destination of Artificial Textile Machinery exports from China are: Turkey ($80.1M), India ($48.8M), Vietnam ($23.4M), Japan ($20.3M), and Bangladesh ($17.9M).

The fastest growing export markets for Artificial Textile Machinery of China between 2021 and 2022 were Turkey ($38M), India ($23.3M), and Bangladesh ($15.7M).

Imports In 2022, China imported $489M in Artificial Textile Machinery, becoming the 1st largest importer of Artificial Textile Machinery in the world. At the same year, Artificial Textile Machinery was the 351st most imported product in China. China imports Artificial Textile Machinery primarily from: Germany ($341M), Japan ($127M), Italy ($14.4M), United States ($3.52M), and Chinese Taipei ($2.06M).

The fastest growing import markets in Artificial Textile Machinery for China between 2021 and 2022 were Japan ($57M), Germany ($7.68M), and United States ($1.78M).

COMPANIES In 2023, leading companies such as AMAZON SERVICES LLC (232) and GLOBAL ETRADE SERVICES INC (3) were at the forefront of shipping Artificial Textile Machinery from China to the United States.

Latest Trends

February 2024

About

Overview In February 2024 China's Artificial Textile Machinery exports accounted up to $15.9M and imports accounted up to $95.3M, resulting in a negative trade balance of $79.5M. Between February 2023 and February 2024 the exports of China's   Artificial Textile Machinery have decreased by $-2.15M (-11.9%) from $18M to $15.9M, while imports increased by $20M (26.6%) from $75.3M to $95.3M.

Destinations In February 2024, Artificial Textile Machinery were exported mostly to Japan ($2.61M), Turkey ($2.37M), Mexico ($1.49M), United Arab Emirates ($1.4M), and India ($1.39M), and were imported mostly from Germany ($58M), Japan ($37.2M), Czechia ($97.1k), and South Korea ($30.1k).

Growth In February 2024, the decrease in Artificial Textile Machinery's year-by-year exports was explained primarily by a decrease in exports to Japan ($-3.67M or -67.9%), United States ($-1.77M or -98%), and South Korea ($-1.34M or -99.6%). In February 2024, the increase in Artificial Textile Machinery's year-by-year imports was explained primarily by an increase in imports from Japan ($8.47M or 22.6%), Germany ($2.11M or 3.1%), and Italy ($278k or 72.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (February 2023 - February 2024)$-2.15M(-11.9%)
IMPORT GROWTH (February 2023 - February 2024)$20M(26.6%)
MAIN EXPORTER (February 2024)Jiangsu Province$11.4M
MAIN DESTINATION (February 2024)Japan$2.61M

This section shows Artificial Textile Machinery'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 Artificial Textile Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$325M
IMPORTS (2022)$489M
NET TRADE (2022)-$164M

In 2022, China exported $325M in Artificial Textile Machinery. The main destinations of China exports on Artificial Textile Machinery were Turkey ($80.1M), India ($48.8M), Vietnam ($23.4M), Japan ($20.3M), and Bangladesh ($17.9M).

In 2022, China imported $489M in Artificial Textile Machinery, mainly from Germany ($341M), Japan ($127M), Italy ($14.4M), United States ($3.52M), and Chinese Taipei ($2.06M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Artificial Textile Machinery EXPORT MARKETS FOR China WERE (2021 - 2022):
Turkey$38M (90.2%)
India$23.3M (91.4%)
Bangladesh$15.7M (717%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Artificial Textile Machinery BY China WERE (2021 - 2022):
Thailand-$6.63M (-53.6%)
Japan-$3.47M (-14.6%)
Russia-$3.04M (-57.7%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Artificial Textile Machinery were:
Germany $678M
Japan $159M
In 2022, China's main importing competitors in Artificial Textile Machinery were:
Turkey $190M
India $161M

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Trade Value of Artificial Textile Machinery by Exporters

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