HS Icon Knitting Machine Accessories in  Flag China

2021
Exports | Imports
: $905M | $945M, World Rnk 2 / 157
Flag Rnk 420 / 1215 | World Rnk 1 / 198
Flag Rnk 250 / 1214

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $129M | $63.9M, India |  Italy

2021
ECONOMIC COMPLEXITY of China
: 1.07, Rnk 25 / 131

2021
PRODUCT COMPLEXITY IN Knitting Machine Accessories
: 1.38, Rnk 78 / 1029

Exports In 2021, China exported $905M in Knitting Machine Accessories, making it the 2nd largest exporter of Knitting Machine Accessories in the world. At the same year, Knitting Machine Accessories was the 420th most exported product in China. The main destination of Knitting Machine Accessories exports from China are: India ($206M), Germany ($83M), Japan ($69.3M), Vietnam ($63.7M), and Pakistan ($48.6M).

The fastest growing export markets for Knitting Machine Accessories of China between 2020 and 2021 were India ($129M), Germany ($34.3M), and Japan ($29.7M).

Imports In 2021, China imported $945M in Knitting Machine Accessories, becoming the 1st largest importer of Knitting Machine Accessories in the world. At the same year, Knitting Machine Accessories was the 250th most imported product in China. China imports Knitting Machine Accessories primarily from: Germany ($277M), Italy ($107M), Japan ($95.3M), Switzerland ($93.2M), and France ($77.4M).

The fastest growing import markets in Knitting Machine Accessories for China between 2020 and 2021 were Italy ($63.9M), Portugal ($48.5M), and Czechia ($34.1M).

Tariffs In 2018, the average tariff for China in Knitting Machine Accessories was 4.93%. The countries with the highest import tariffs for Knitting Machine Accessories were India (Most Favoured Nation duty rate treatment, 6.33%), Sri Lanka (Most Favoured Nation duty rate treatment, 6.33%), Hong Kong (Most Favoured Nation duty rate treatment, 6.29%), Taiwan (Most Favoured Nation duty rate treatment, 6.29%), and Burkina Faso (Most Favoured Nation duty rate treatment, 6.27%).

March 2023

Subnational Monthly Trade

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EXPORT GROWTH (March 2022 - March 2023): $1.99M, (2.37%)

IMPORT GROWTH (March 2022 - March 2023): $-6.37M, (-9.39%)

MAIN EXPORTER (March 2023): Jiangsu Province, $29.3M

MAIN DESTINATION (March 2023): India, $26.2M

This section shows Knitting Machine Accessories'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 Knitting Machine Accessories over time.

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Historical Data

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EXPORTS (2021): $905M

IMPORTS (2021): $945M

NET TRADE (2021): -$39.5M

In 2021, China exported $905M in Knitting Machine Accessories. The main destinations of China exports on Knitting Machine Accessories were India ($206M), Germany ($83M), Japan ($69.3M), Vietnam ($63.7M), and Pakistan ($48.6M).

In 2021, China imported $945M in Knitting Machine Accessories, mainly from Germany ($277M), Italy ($107M), Japan ($95.3M), Switzerland ($93.2M), and France ($77.4M).

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Flow

THE FASTEST GROWING Knitting Machine Accessories EXPORT MARKETS FOR China WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knitting Machine Accessories BY China WERE (2020 - 2021):

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Market Concentration

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In 2021, China's main exporting competitors in Knitting Machine Accessories were:

In 2021, China's main importing competitors in Knitting Machine Accessories were:

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