Overview In November 2021 China's Artificial Textile Machinery exports accounted up to $24.8M and imports accounted up to $106M, resulting in a negative trade balance of $80.8M. Between November 2020 and November 2021 the exports of China's Artificial Textile Machinery have increased by $522k (2.15%) from $24.3M to $24.8M, while imports decreased by $-2.65M (-2.45%) from $108M to $106M.
Destinations In November 2021, Artificial Textile Machinery were exported mostly to Vietnam ($6.21M), Turkey ($4.65M), Japan ($2.87M), India ($2.43M), and Brazil ($2.16M), and were imported mostly from Germany ($76.8M), Japan ($27.1M), Taiwan ($1.04M), United States ($367k), and Switzerland ($285k).
Growth In November 2021, the increase in Artificial Textile Machinery's year-by-year exports was explained primarily by an increase in exports to Japan ($11.6M or 1.71k%), Egypt ($1.18M or 15.9k%), and Thailand ($1.11M or 564%). In November 2021, the decrease in Artificial Textile Machinery's year-by-year imports was explained primarily by a decrease in imports from Japan ($-7.08M or -27.5%), United States ($-1.47M or -44.6%), and Taiwan ($-352k or -96.1%).