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844712 (Harmonized System 1992 for 6-digit)

2023
World Trade $506MRnk 2848 / 4644
2023
Top Exporter | Top Importer $207M | $93.9MChina | Turkey
2023
Product Complexity 2Rnk 18 / 4656
2022 - 2023
Export Growth (CAGR) -28%Rnk 4150 / 4644
2023
Share of World Trade 0.0022%Rnk 2848 / 4644

About

Overview This page contains the latest trade data of Circular knitting machines, diameter > 165 mm. In 2023, Circular knitting machines, diameter > 165 mm were the world's 2848th most traded product, with a total trade of $506M. Between 2022 and 2023 the exports of Circular knitting machines, diameter > 165 mm decreased by -28%, from $702M to $506M. Trade in Circular knitting machines, diameter > 165 mm represent 0.0022% of total world trade.

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

Exports In 2023 the top exporters of Circular knitting machines, diameter > 165 mm  were China ($207M), Germany ($109M), Japan ($43.9M), Chinese Taipei ($41.3M), and Italy ($37.8M).

Imports In 2023 the top importers of Circular knitting machines, diameter > 165 mm were Turkey ($93.9M), India ($69.9M), Bangladesh ($59M), Uzbekistan ($38.5M), and Vietnam ($35.8M).

Ranking Circular knitting machines, diameter > 165 mm ranks 18th in the Product Complexity Index (PCI).

Description Circular knitting machines are used to knit circular garments such as sweaters, hats, sleeves, and gloves, as well as circular blankets and rugs. Knitted fabric is formed by passing loops of yarn in an endless loop over a hook, a cable, and a needle. The machine has a needle bed with a group of needles attached to it. The fabric loops are attached to the needles and the machine feeds the fabric loops through a set of loops that moves them toward the needle bed. The loops are then wrapped around the needle bed. When the operator pushes the machine's pedal,

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 (2023)China$207M
Top Destination (2023)Turkey$93.9M

In 2023 Circular knitting machines, diameter > 165 mm were the world's 2848th most traded product (out of 4,644).

In 2023, the top exporters of Circular knitting machines, diameter > 165 mm were China ($207M), Germany ($109M), Japan ($43.9M), Chinese Taipei ($41.3M), and Italy ($37.8M).

In 2023, the top importers of Circular knitting machines, diameter > 165 mm were Turkey ($93.9M), India ($69.9M), Bangladesh ($59M), Uzbekistan ($38.5M), and Vietnam ($35.8M).

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Exporters of Circular knitting machines, diameter > 165 mm (2023)
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Importers of Circular knitting machines, diameter > 165 mm (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Turkey$3.55M
Top Destination Growth (2022 -  2023)Indonesia$14.8M

Between 2022 and 2023, the exports of Circular knitting machines, diameter > 165 mm grew the fastest in Turkey ($3.55M), United States ($2.1M), Czechia ($966k), Portugal ($769k), and Belgium ($401k).

Between 2022 and 2023, the fastest growing importers of Circular knitting machines, diameter > 165 mm were Indonesia ($14.8M), Uzbekistan ($10.1M), Egypt ($2.78M), Algeria ($2.22M), and Benin ($2.17M).

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Exporters of Circular knitting machines, diameter > 165 mm (2022 - 2023)

Importers of Circular knitting machines, diameter > 165 mm (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 2.63. This means that most of the exports of Circular knitting machines, diameter > 165 mm are explained by 6 countries.

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

Net Trade

TOP NET EXPORTER (2023)China$194M
TOP NET IMPORTER (2023)Turkey$85.3M

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Circular knitting machines, diameter > 165 mm were China ($194M), Germany ($107M), Japan ($42.9M), Chinese Taipei ($37M), and Italy ($29M).

In 2023, the countries that had a largest trade value in imports than in exports of Circular knitting machines, diameter > 165 mm were Turkey ($85.3M), India ($69.6M), Uzbekistan ($38.4M), Vietnam ($35.7M), and Indonesia ($29.5M).

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 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 (2023)

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