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844610 (Harmonized System 1992 for 6-digit)

2023
World Trade $87.4MRnk 4113 / 4644
2023
Top Exporter | Top Importer $35M | $8.55MChina | Vietnam
2023
Product Complexity -0.032Rnk 2596 / 4656
2022 - 2023
Export Growth (CAGR) -23.8%Rnk 3936 / 4644
2023
Share of World Trade 0.00039%Rnk 4113 / 4644

About

Overview This page contains the latest trade data of Machines for weaving fabric, width < 30 cm. In 2023, Machines for weaving fabric, width < 30 cm were the world's 4113th most traded product, with a total trade of $87.4M. Between 2022 and 2023 the exports of Machines for weaving fabric, width < 30 cm decreased by -23.8%, from $115M to $87.4M. Trade in Machines for weaving fabric, width < 30 cm represent 0.00039% of total world trade.

Machines for weaving fabric, width < 30 cm are a part of Looms.

Exports In 2023 the top exporters of Machines for weaving fabric, width < 30 cm  were China ($35M), Switzerland ($23.7M), Germany ($8.64M), Italy ($3.26M), and Chinese Taipei ($2.28M).

Imports In 2023 the top importers of Machines for weaving fabric, width < 30 cm were Vietnam ($8.55M), Turkey ($6.85M), United States ($5.57M), China ($5.48M), and India ($5.38M).

Ranking Machines for weaving fabric, width < 30 cm ranks 2596th in the Product Complexity Index (PCI).

Description Weaving fabric is an ancient art that originated in ancient India. The person who weaves the fabric is called a weaver. The weaver usually sits at a bench and works with a vertical frame with either a horizontal or vertical warp (i.e. the rows of threads on the machine). Fabric is woven by interlacing the warp threads with the weft threads.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Machines for weaving fabric, width < 30 cm. 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$35M
Top Destination (2023)Vietnam$8.55M

In 2023 Machines for weaving fabric, width < 30 cm were the world's 4113th most traded product (out of 4,644).

In 2023, the top exporters of Machines for weaving fabric, width < 30 cm were China ($35M), Switzerland ($23.7M), Germany ($8.64M), Italy ($3.26M), and Chinese Taipei ($2.28M).

In 2023, the top importers of Machines for weaving fabric, width < 30 cm were Vietnam ($8.55M), Turkey ($6.85M), United States ($5.57M), China ($5.48M), and India ($5.38M).

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Exporters of Machines for weaving fabric, width < 30 cm (2023)
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Importers of Machines for weaving fabric, width < 30 cm (2023)
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Market Dynamics

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Top Origin Growth (2022 -  2023)Germany$1.2M
Top Destination Growth (2022 -  2023)United States$3.53M

Between 2022 and 2023, the exports of Machines for weaving fabric, width < 30 cm grew the fastest in Germany ($1.2M), Italy ($1.09M), Canada ($741k), Thailand ($483k), and United Kingdom ($410k).

Between 2022 and 2023, the fastest growing importers of Machines for weaving fabric, width < 30 cm were United States ($3.53M), South Korea ($1.66M), Portugal ($1.57M), Poland ($1.43M), and Egypt ($1.16M).

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Exporters of Machines for weaving fabric, width < 30 cm (2022 - 2023)

Importers of Machines for weaving fabric, width < 30 cm (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Machines for weaving fabric, width < 30 cm.

In 2023, market concentration measured using Shannon Entropy, was 2.84. This means that most of the exports of Machines for weaving fabric, width < 30 cm are explained by 7 countries.

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Value of Exports in Machines for weaving fabric, width < 30 cm

Net Trade

TOP NET EXPORTER (2023)China$29.5M
TOP NET IMPORTER (2023)Vietnam$8.48M

This map shows which countries export or import more of Machines for weaving fabric, width < 30 cm. Each country is colored based on the difference in exports and imports of Machines for weaving fabric, width < 30 cm during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Machines for weaving fabric, width < 30 cm were China ($29.5M), Switzerland ($23M), Germany ($3.9M), Italy ($1.17M), and Chinese Taipei ($834k).

In 2023, the countries that had a largest trade value in imports than in exports of Machines for weaving fabric, width < 30 cm were Vietnam ($8.48M), Turkey ($5.18M), India ($3.97M), United States ($3.57M), and Portugal ($3.05M).

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 Machines for weaving fabric, width < 30 cm.
It is possible to select the main countries that export or import Machines for weaving fabric, width < 30 cm in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Machines for weaving fabric, width < 30 cm 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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