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Textile machinery; for extruding, drawing, texturing or cutting man-made textile materials

8444 (Harmonized System 1992 for 4-digit)

2023
World Trade $1.27BRnk 880 / 1217
2023
Top Exporter | Top Importer $614M | $557MGermany | China
2023
Product Complexity 2.01Rnk 4 / 1044
2022 - 2023
Export Growth (CAGR) -12.8%Rnk 836 / 1217
2023
Share of World Trade 0.0056%Rnk 880 / 1217

About

Overview This page contains the latest trade data of Artificial Textile Machinery. In 2023, Artificial Textile Machinery were the world's 880th most traded product, with a total trade of $1.27B. Between 2022 and 2023 the exports of Artificial Textile Machinery decreased by -12.8%, from $1.45B to $1.27B. Trade in Artificial Textile Machinery represent 0.0056% 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 2023 the top exporters of Artificial Textile Machinery  were Germany ($614M), China ($274M), Japan ($184M), Italy ($75.6M), and United States ($22.5M).

Imports In 2023 the top importers of Artificial Textile Machinery were China ($557M), Turkey ($193M), India ($148M), United States ($95.4M), and Vietnam ($30.3M).

Ranking Artificial Textile Machinery ranks 4th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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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.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)Germany$614M
Top Destination (2023)China$557M

In 2023 Artificial Textile Machinery were the world's 880th most traded product (out of 1,217).

In 2023, the top exporters of Artificial Textile Machinery were Germany ($614M), China ($274M), Japan ($184M), Italy ($75.6M), and United States ($22.5M).

In 2023, the top importers of Artificial Textile Machinery were China ($557M), Turkey ($193M), India ($148M), United States ($95.4M), and Vietnam ($30.3M).

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Exporters of Artificial Textile Machinery (2023)
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Importers of Artificial Textile Machinery (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Japan$15.6M
Top Destination Growth (2022 -  2023)China$60.3M

Between 2022 and 2023, the exports of Artificial Textile Machinery grew the fastest in Japan ($15.6M), United States ($5.94M), Switzerland ($1.82M), Turkey ($1.5M), and Malaysia ($1.43M).

Between 2022 and 2023, the fastest growing importers of Artificial Textile Machinery were China ($60.3M), Thailand ($10.5M), Algeria ($9.01M), United Kingdom ($7.03M), and Australia ($4.19M).

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Exporters of Artificial Textile Machinery (2022 - 2023)

Importers of Artificial Textile Machinery (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Artificial Textile Machinery.

In 2023, market concentration measured using Shannon Entropy, was 2.32. This means that most of the exports of Artificial Textile Machinery are explained by 5 countries.

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Value of Exports in Artificial Textile Machinery

Net Trade

TOP NET EXPORTER (2023)Germany$609M
TOP NET IMPORTER (2023)China$284M

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Artificial Textile Machinery were Germany ($609M), Japan ($179M), Italy ($72.8M), Austria ($15.2M), and Belgium ($6.14M).

In 2023, the countries that had a largest trade value in imports than in exports of Artificial Textile Machinery were China ($284M), Turkey ($189M), India ($134M), United States ($72.9M), and Vietnam ($30.2M).

Net Trade (2023)

Country Comparison

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Ranking

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.

Top 10 Exporters Countries of Artificial Textile Machinery by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALFrance+ $2.41M
TOP IMPORT POTENTIALItaly+ $277k

Artificial Textile Machinery’s highest export potential is France. With an export gap of $2.41M.  Artificial Textile Machinery’s highest import potential is Italy with an import gap of $277k.

See methodology.

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Product Complexity

Diversification Frontier

Specialization

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.

Relatedness vs Country Complexity (2023)

Country by Relatedness

The following visualization shows the relatedness of Artificial Textile Machinery to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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