Artificial Textile Machinery in China 2020 Exports | Imports : $239M | $303M, World Rnk 2 / 83 Rnk 658 / 1215 | World Rnk 1 / 160 Rnk 413 / 1214
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $34.8M | $9.16M, Japan | Italy
2020 ECONOMIC COMPLEXITY of China: 0.96, Rnk 28 / 127
2020 PRODUCT COMPLEXITY IN Artificial Textile Machinery: 2.02, Rnk 7 / 1029
Exports In 2020, China exported $239M 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 658th most exported product in China. The main destination of Artificial Textile Machinery exports from China are: Japan ($67.1M), Turkey ($58.7M), India ($19.2M), Vietnam ($14.1M), and Iran ($13.3M).
The fastest growing export markets for Artificial Textile Machinery of China between 2019 and 2020 were Japan ($34.8M), Iran ($7.41M), and South Korea ($3.21M).
Imports In 2020, China imported $303M 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 413th most imported product in China. China imports Artificial Textile Machinery primarily from: Germany ($191M), Japan ($82.6M), Italy ($14M), United States ($6.44M), and South Korea ($6.42M).
The fastest growing import markets in Artificial Textile Machinery for China between 2019 and 2020 were Italy ($9.16M), United States ($5.18M), and United Kingdom ($646k).
September 2022
Overview In September 2022 China's Artificial Textile Machinery exports accounted up to $33.7M and imports accounted up to $89.6M, resulting in a negative trade balance of $55.9M. Between September 2021 and September 2022 the exports of China's Artificial Textile Machinery have increased by $22.5M (200%) from $11.2M to $33.7M, while imports increased by $21.5M (31.5%) from $68.2M to $89.6M.
Destinations In September 2022, Artificial Textile Machinery were exported mostly to Turkey ($15.6M), Pakistan ($5.91M), Vietnam ($3.86M), India ($2.82M), and Japan ($2.01M), and were imported mostly from Japan ($76.9M), Germany ($11.8M), and Taiwan ($917k).
Growth In September 2022, the increase in Artificial Textile Machinery's year-by-year exports was explained primarily by an increase in exports to Vietnam ($1.56M or 4.78k%), Pakistan ($1.54M or 4.18k%), and South Korea ($1.33M or 864%). In September 2022, the increase in Artificial Textile Machinery's year-by-year imports was explained primarily by an increase in imports from Germany ($15.4M or 38.3%), Japan ($14.2M or 75.9%), and Italy ($6.75M or 1.57k%).
EXPORT GROWTH (September 2021 - September 2022): $22.5M, (200%)
IMPORT GROWTH (September 2021 - September 2022): $21.5M, (31.5%)
MAIN EXPORTER (September 2022): Jiangsu Province, $16.3M
MAIN DESTINATION (September 2022): Turkey, $15.6M
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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EXPORTS (2020): $239M
IMPORTS (2020): $303M
NET TRADE (2020): -$64.5M
In 2020, China exported $239M in Artificial Textile Machinery. The main destinations of China exports on Artificial Textile Machinery were Japan ($67.1M), Turkey ($58.7M), India ($19.2M), Vietnam ($14.1M), and Iran ($13.3M).
In 2020, China imported $303M in Artificial Textile Machinery, mainly from Germany ($191M), Japan ($82.6M), Italy ($14M), United States ($6.44M), and South Korea ($6.42M).
THE FASTEST GROWING Artificial Textile Machinery EXPORT MARKETS FOR China WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Artificial Textile Machinery BY China WERE (2019 - 2020):
In 2020, China's main exporting competitors in Artificial Textile Machinery were:
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