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Machinery, auxiliary; for use with machines of heading no. 8444 to 8447 (e.g. dobbies, jacquards, automatic stop motions, shuttle changing mechanisms) parts, accessories for machines of heading no. 8444, 8447

8448 (Harmonized System 1992 for 4-digit)

2023
World Trade $4.99BRnk 543 / 1217
2023
Top Exporter | Top Importer $971M | $821MGermany | China
2023
Product Complexity 1.41Rnk 65 / 1044
2022 - 2023
Export Growth (CAGR) -7.92%Rnk 674 / 1217
2023
Share of World Trade 0.022%Rnk 543 / 1217

About

Overview This page contains the latest trade data of Knitting Machine Accessories. In 2023, Knitting Machine Accessories were the world's 543rd most traded product, with a total trade of $4.99B. Between 2022 and 2023 the exports of Knitting Machine Accessories decreased by -7.92%, from $5.42B to $4.99B. Trade in Knitting Machine Accessories represent 0.022% of total world trade.

Knitting Machine Accessories are a part of Machinery, mechanical appliances, & parts. They include Parts etc of spinning, combing, drawing machines nes, Parts & accessories of looms, auxiliary machinery nes, Sinkers, needles etc for knitting, etc machines, Parts, access nes, knitting, embroidery, lace machine, Parts/access, machines for preparing manmade textiles, Dobbies, Jacquards, etc for spinning machines & looms, Auxiliary machines nes for spin, weave, knit machines, Parts and access except card clothing for spinning et, Card clothing for combing, drawing, spinning machines, and Spinning spindles, spindle flyers, spinning rings, among others.

Exports In 2023 the top exporters of Knitting Machine Accessories  were Germany ($971M), China ($813M), Czechia ($360M), Italy ($342M), and France ($318M).

Imports In 2023 the top importers of Knitting Machine Accessories were China ($821M), India ($539M), Germany ($429M), Japan ($246M), and United States ($235M).

Ranking Knitting Machine Accessories ranks 65th in the Product Complexity Index (PCI).

Description Dobbies are used to change the direction of a machine's shuttle. Jacquards are used to produce patterns on fabric. Automatic stop motions are used to control the speed of machines that use healds and shuttles. Shuttle changing mechanisms are used to change the direction of a machine's shuttle. Parts and accessories suitable for use solely or principally with the machines of this heading or of heading 8444, 8445, 8446 or 8447 include spindles and spindle flyers, card clothing, combs, extruding nipples, shuttles, healds and heald-frames, hosiery needles.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Knitting Machine Accessories. 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$971M
Top Destination (2023)China$821M

In 2023 Knitting Machine Accessories were the world's 543rd most traded product (out of 1,217).

In 2023, the top exporters of Knitting Machine Accessories were Germany ($971M), China ($813M), Czechia ($360M), Italy ($342M), and France ($318M).

In 2023, the top importers of Knitting Machine Accessories were China ($821M), India ($539M), Germany ($429M), Japan ($246M), and United States ($235M).

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Exporters of Knitting Machine Accessories (2023)
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Importers of Knitting Machine Accessories (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Czechia$24M
Top Destination Growth (2022 -  2023)Netherlands$35.1M

Between 2022 and 2023, the exports of Knitting Machine Accessories grew the fastest in Czechia ($24M), Sweden ($9.14M), Spain ($7.01M), Poland ($6.87M), and Belgium ($6.75M).

Between 2022 and 2023, the fastest growing importers of Knitting Machine Accessories were Netherlands ($35.1M), United Arab Emirates ($12.8M), Egypt ($11.3M), Benin ($11M), and Kuwait ($9.87M).

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Exporters of Knitting Machine Accessories (2022 - 2023)

Importers of Knitting Machine Accessories (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Knitting Machine Accessories.

In 2023, market concentration measured using Shannon Entropy, was 4.08. This means that most of the exports of Knitting Machine Accessories are explained by 16 countries.

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Value of Exports in Knitting Machine Accessories

Net Trade

TOP NET EXPORTER (2023)Germany$542M
TOP NET IMPORTER (2023)India$312M

This map shows which countries export or import more of Knitting Machine Accessories. Each country is colored based on the difference in exports and imports of Knitting Machine Accessories during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Knitting Machine Accessories were Germany ($542M), Czechia ($259M), France ($249M), Switzerland ($240M), and Portugal ($140M).

In 2023, the countries that had a largest trade value in imports than in exports of Knitting Machine Accessories were India ($312M), Turkey ($149M), Bangladesh ($120M), United States ($113M), and Indonesia ($98.7M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Knitting Machine Accessories, disaggragated by their HS6 level were Sinkers, needles etc for knitting, etc... ($959M), Parts etc of spinning, combing, drawing... ($911M), Parts & accessories of looms, auxiliary... ($828M), Parts, access nes, knitting, embroidery, lace... ($450M), and Parts/access, machines for preparing manmade textiles ($432M)

HS6 Disaggregation for Knitting Machine Accessories (2023)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Knitting Machine Accessories.
It is possible to select the main countries that export or import Knitting Machine Accessories in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Knitting Machine Accessories by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $58.8M
TOP IMPORT POTENTIALIndia+ $21.5M

Knitting Machine Accessories’s highest export potential is India. With an export gap of $58.8M.  Knitting Machine Accessories’s highest import potential is India with an import gap of $21.5M.

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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)

Related Products

This visualization shows products that are likely to be exported by countries that export Knitting Machine Accessories.

Country by Relatedness

The following visualization shows the relatedness of Knitting Machine Accessories 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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