Artificial Textile MachineryTextile machinery; for extruding, drawing, texturing or cutting man-made textile materials
8444 (Harmonized System 1992 for 4-digit)
2021 World Trade: $1.09B, Rnk 915 / 1217
2021 Top Exporter | Top Importer: $555M | $427M, Germany | China
2021 Product Complexity: 1.95, Rnk 6 / 1024
2020 - 2021 Export Growth (CAGR): 26.1%, Rnk 419 / 1217
2018 Mean Tariff: 3.73%, Rnk 1063 / 1259
2021 Share of World Trade: 0.0052%, Rnk 915 / 1217
Overview This page contains the latest trade data of Artificial Textile Machinery. In 2021, Artificial Textile Machinery were the world's 915th most traded product, with a total trade of $1.09B. Between 2020 and 2021 the exports of Artificial Textile Machinery grew by 26.1%, from $866M to $1.09B. Trade in Artificial Textile Machinery represent 0.0052% of total world trade.
Artificial Textile Machinery are a part of Machinery, mechanical appliances, & parts. They include Machines to extrude, draw, cut manmade textile fibres.
Exports In 2021 the top exporters of Artificial Textile Machinery were Germany ($555M), China ($197M), Italy ($102M), Japan ($81.1M), and United States ($41.3M).
Imports In 2021 the top importers of Artificial Textile Machinery were China ($427M), Turkey ($174M), India ($83.1M), United States ($42.4M), and Thailand ($32.7M).
Tariffs In 2018 the average tariff for Artificial Textile Machinery was 3.73%, making it the 1063rd lowest tariff using the HS4 product classification.
Ranking Artificial Textile Machinery ranks 6th in the Product Complexity Index (PCI).
The following visualization shows the latest trends on Artificial Textile Machinery. Countries are shown based on data availability.
For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.
* Using January 2020 exchange rates when trade data is reported in local currency.
Trade By Country
Artificial Textile Machinery are the world's 915th most traded product.
In 2021, the top exporters of Artificial Textile Machinery were Germany ($555M), China ($197M), Italy ($102M), Japan ($81.1M), and United States ($41.3M).
In 2021, the top importers of Artificial Textile Machinery were China ($427M), Turkey ($174M), India ($83.1M), United States ($42.4M), and Thailand ($32.7M).
Trade by country
Between 2020 and 2021, the exports of Artificial Textile Machinery grew the fastest in Germany ($190M), Italy ($16.3M), India ($11.2M), Austria ($10.2M), and Belgium ($7.85M).
Between 2020 and 2021, the fastest growing importers of Artificial Textile Machinery were China ($121M), India ($51.3M), Turkey ($50.7M), Hungary ($24.9M), and Thailand ($19.6M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Artificial Textile Machinery.
In 2021, market concentration measured using Shannon Entropy, was 2.49. This means that most of the exports of Artificial Textile Machinery are explained by 5 countries.
This map shows which countries export or import more of Artificial Textile Machinery. Each country is colored based on the difference in exports and imports of Artificial Textile Machinery during 2021.
In 2021, the countries that had a largest trade value in exports than in imports of Artificial Textile Machinery were Germany ($548M), Italy ($98.3M), Japan ($55.6M), Austria ($22M), and Belgium ($9.98M).
In 2021, the countries that had a largest trade value in imports than in exports of Artificial Textile Machinery were China ($230M), Turkey ($172M), India ($67.6M), Thailand ($31.9M), and Russia ($25.7M).
In 2021, the world most traded Artificial Textile Machinery, disaggragated by their HS6 level were Machines to extrude, draw, cut manmade... ($1.09B)
This visualization shows the countries that have an important ratio of their trade related to Artificial Textile Machinery. It is possible to select the main countries that export or import Artificial Textile Machinery in the world, or by continent, as well as select the measure of interest.
The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.
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