Exports In 2021, China exported $1.15B in Knitting Machines, making it the 1st largest exporter of Knitting Machines in the world. At the same year, Knitting Machines was the 375th most exported product in China. The main destination of Knitting Machines exports from China are: India ($253M), Vietnam ($109M), Turkey ($107M), Pakistan ($100M), and Bangladesh ($89.5M).
The fastest growing export markets for Knitting Machines of China between 2020 and 2021 were India ($126M), Pakistan ($57.7M), and Turkey ($36.9M).
Imports In 2021, China imported $179M in Knitting Machines, becoming the 4th largest importer of Knitting Machines in the world. At the same year, Knitting Machines was the 547th most imported product in China. China imports Knitting Machines primarily from: Japan ($83.4M), Germany ($59.2M), Italy ($16.3M), Chinese Taipei ($6.05M), and Switzerland ($2.74M).
The fastest growing import markets in Knitting Machines for China between 2020 and 2021 were Japan ($36.2M), Germany ($25.1M), and Italy ($6.58M).
Tariffs In 2018, the average tariff for China in Knitting Machines was 6.4%. The countries with the highest import tariffs for Knitting Machines were Switzerland (Most Favoured Nation duty rate treatment, 9%), Liechtenstein (Most Favoured Nation duty rate treatment, 9%), Taiwan (Most Favoured Nation duty rate treatment, 8.13%), Burkina Faso (Most Favoured Nation duty rate treatment, 8.09%), and Botswana (Most Favoured Nation duty rate treatment, 8.09%).