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844711 (Harmonized System 1992 for 6-digit)

2022
World Trade $284MRnk 3461 / 4648
2022
Top Exporter | Top Importer $160M | $80.7MItaly | Turkey
2022
Product Complexity 0.13Rnk 2311 / 4653
2021 - 2022
Export Growth (CAGR) -1.37%Rnk 3176 / 4648
2022
Share of World Trade 0.0012%Rnk 3461 / 4648

About

Overview This page contains the latest trade data of Circular knitting machines, diameter < 165 mm. In 2022, Circular knitting machines, diameter < 165 mm were the world's 3461st most traded product, with a total trade of $284M. Between 2021 and 2022 the exports of Circular knitting machines, diameter < 165 mm decreased by -1.37%, from $288M to $284M. Trade in Circular knitting machines, diameter < 165 mm represent 0.0012% of total world trade.

Circular knitting machines, diameter < 165 mm are a part of Knitting Machines.

Exports In 2022 the top exporters of Circular knitting machines, diameter < 165 mm  were Italy ($160M), China ($74.3M), Germany ($15.6M), Chinese Taipei ($9.94M), and South Korea ($5.66M).

Imports In 2022 the top importers of Circular knitting machines, diameter < 165 mm were Turkey ($80.7M), India ($28M), China ($13.5M), United States ($12.5M), and Vietnam ($11.9M).

Ranking Circular knitting machines, diameter < 165 mm ranks 2311th in the Product Complexity Index (PCI).

Description Circular knitting machines are used to produce circular knitting at a high speed. Circular knitting machines are used to knit socks, gloves, hats, sweaters, cardigans and other garments.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Circular knitting machines, diameter < 165 mm. 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 (2022)Italy$160M
Top Destination (2022)Turkey$80.7M

In 2022 Circular knitting machines, diameter < 165 mm were the world's 3461st most traded product (out of 4,648).

In 2022, the top exporters of Circular knitting machines, diameter < 165 mm were Italy ($160M), China ($74.3M), Germany ($15.6M), Chinese Taipei ($9.94M), and South Korea ($5.66M).

In 2022, the top importers of Circular knitting machines, diameter < 165 mm were Turkey ($80.7M), India ($28M), China ($13.5M), United States ($12.5M), and Vietnam ($11.9M).

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Exporters of Circular knitting machines, diameter < 165 mm (2022)
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Importers of Circular knitting machines, diameter < 165 mm (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$8.49M
Top Destination Growth (2021 -  2022)Turkey$14.2M

Between 2021 and 2022, the exports of Circular knitting machines, diameter < 165 mm grew the fastest in China ($8.49M), South Korea ($2.58M), Canada ($1.27M), Mexico ($1.24M), and Lithuania ($567k).

Between 2021 and 2022, the fastest growing importers of Circular knitting machines, diameter < 165 mm were Turkey ($14.2M), India ($7.5M), Iran ($3.91M), El Salvador ($2.83M), and Croatia ($2.39M).

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Exporters of Circular knitting machines, diameter < 165 mm (2021 - 2022)

Importers of Circular knitting machines, diameter < 165 mm (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Circular knitting machines, diameter < 165 mm.

In 2022, market concentration measured using Shannon Entropy, was 2. This means that most of the exports of Circular knitting machines, diameter < 165 mm are explained by 4 countries.

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Value of Exports in Circular knitting machines, diameter < 165 mm

Net Trade

TOP NET EXPORTER (2022)Italy$158M
TOP NET IMPORTER (2022)Turkey$77.4M

This map shows which countries export or import more of Circular knitting machines, diameter < 165 mm. Each country is colored based on the difference in exports and imports of Circular knitting machines, diameter < 165 mm during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Circular knitting machines, diameter < 165 mm were Italy ($158M), China ($60.8M), Germany ($13M), Chinese Taipei ($9.17M), and South Korea ($3.97M).

In 2022, the countries that had a largest trade value in imports than in exports of Circular knitting machines, diameter < 165 mm were Turkey ($77.4M), India ($27.5M), Pakistan ($11.8M), Vietnam ($11.7M), and United States ($10.3M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Circular knitting machines, diameter < 165 mm.
It is possible to select the main countries that export or import Circular knitting machines, diameter < 165 mm in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Circular knitting machines, diameter < 165 mm by percentage of total exports

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 (2022)

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