HS Icon Textile Fiber Machinery in  Flag China

2021
Exports | Imports
: $638M | $749M, World Rnk 3 / 116
Flag Rnk 502 / 1215 | World Rnk 1 / 172
Flag Rnk 281 / 1214

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $84.2M | $115M, Pakistan |  Japan

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

2021
PRODUCT COMPLEXITY IN Textile Fiber Machinery
: 1.46, Rnk 64 / 1029

Exports In 2021, China exported $638M in Textile Fiber Machinery, making it the 3rd largest exporter of Textile Fiber Machinery in the world. At the same year, Textile Fiber Machinery was the 502nd most exported product in China. The main destination of Textile Fiber Machinery exports from China are: Pakistan ($130M), Turkey ($94M), Vietnam ($84.9M), India ($70.7M), and Bangladesh ($53.8M).

The fastest growing export markets for Textile Fiber Machinery of China between 2020 and 2021 were Pakistan ($84.2M), Turkey ($48M), and India ($43M).

Imports In 2021, China imported $749M in Textile Fiber Machinery, becoming the 1st largest importer of Textile Fiber Machinery in the world. At the same year, Textile Fiber Machinery was the 281st most imported product in China. China imports Textile Fiber Machinery primarily from: Japan ($274M), Germany ($216M), Italy ($95M), France ($76.4M), and Chinese Taipei ($23.6M).

The fastest growing import markets in Textile Fiber Machinery for China between 2020 and 2021 were Japan ($115M), France ($66.7M), and Italy ($51.1M).

Tariffs In 2018, the average tariff for China in Textile Fiber Machinery was 7.91%. The countries with the highest import tariffs for Textile Fiber Machinery were Burkina Faso (Most Favoured Nation duty rate treatment, 10%), Botswana (Most Favoured Nation duty rate treatment, 10%), Cote d'Ivoire (Most Favoured Nation duty rate treatment, 10%), Cameroon (Most Favoured Nation duty rate treatment, 10%), and Democratic Republic of the Congo (Most Favoured Nation duty rate treatment, 10%).

March 2023

Subnational Monthly Trade

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EXPORT GROWTH (March 2022 - March 2023): $-21.5M, (-25%)

IMPORT GROWTH (March 2022 - March 2023): $-33M, (-39.4%)

MAIN EXPORTER (March 2023): Jiangsu Province, $32.7M

MAIN DESTINATION (March 2023): Vietnam, $11.5M

This section shows Textile Fiber 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 Textile Fiber Machinery over time.

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Historical Data

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EXPORTS (2021): $638M

IMPORTS (2021): $749M

NET TRADE (2021): -$111M

In 2021, China exported $638M in Textile Fiber Machinery. The main destinations of China exports on Textile Fiber Machinery were Pakistan ($130M), Turkey ($94M), Vietnam ($84.9M), India ($70.7M), and Bangladesh ($53.8M).

In 2021, China imported $749M in Textile Fiber Machinery, mainly from Japan ($274M), Germany ($216M), Italy ($95M), France ($76.4M), and Chinese Taipei ($23.6M).

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THE FASTEST GROWING Textile Fiber Machinery EXPORT MARKETS FOR China WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Textile Fiber Machinery BY China WERE (2020 - 2021):

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Market Concentration

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In 2021, China's main exporting competitors in Textile Fiber Machinery were:

In 2021, China's main importing competitors in Textile Fiber Machinery were:

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