Knitting Machines in   China

Overview In February 2024 China's Knitting Machines exports accounted up to $87.4M and imports accounted up to $8.53M, resulting in a positive trade balance of $78.9M. Between February 2023 and February 2024 the exports of China's   Knitting Machines have increased by $32.9M (60.4%) from $54.5M to $87.4M, while imports decreased by $-2.52M (-22.8%) from $11M to $8.53M.

Destinations In February 2024, Knitting Machines were exported mostly to India ($27.2M), Vietnam ($9.36M), Bangladesh ($7.24M), Pakistan ($5.73M), and Turkey ($3.08M), and were imported mostly from Germany ($7.03M), Japan ($706k), Taiwan ($286k), Italy ($222k), and China ($164k).

Growth In February 2024, the increase in Knitting Machines's year-by-year exports was explained primarily by an increase in exports to United States ($2.89M or 71%), Russia ($2.88M or 248%), and Algeria ($1.79M or 203%). In February 2024, the decrease in Knitting Machines's year-by-year imports was explained primarily by a decrease in imports from Germany ($-3.76M or -56.9%), Japan ($-2.08M or -58.3%), and Taiwan ($-379k or -97.2%).