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).
Tariffs In 2018, the average tariff for China in Artificial Textile Machinery was 7.89%. The countries with the highest import tariffs for Artificial Textile Machinery were Burkina Faso (Most Favoured Nation duty rate treatement, 10%), Botswana (Most Favoured Nation duty rate treatement, 10%), Cote d'Ivoire (Most Favoured Nation duty rate treatement, 10%), Cameroon (Most Favoured Nation duty rate treatement, 10%), and Democratic Republic of the Congo (Most Favoured Nation duty rate treatement, 10%).