Machines to extrude, draw, cut manmade textile fibres844400 (Harmonized System 1992 for 6-digit)
2021 World Trade: $1.09B, Rnk 2025 / 4641
2021 Top Exporter | Top Importer: $555M | $427M, Germany | China
2021 Product Complexity: 1.86, Rnk 51 / 4648
2020 - 2021 Export Growth (CAGR): 26.1%, Rnk 1673 / 4641
2018 Mean Tariff: 3.73%, Rnk 5312 / 6538
2021 Share of World Trade: 0.0052%, Rnk 2025 / 4641
Overview This page contains the latest trade data of Machines to extrude, draw, cut manmade textile fibres. In 2021, Machines to extrude, draw, cut manmade textile fibres were the world's 2025th most traded product, with a total trade of $1.09B. Between 2020 and 2021 the exports of Machines to extrude, draw, cut manmade textile fibres grew by 26.1%, from $866M to $1.09B. Trade in Machines to extrude, draw, cut manmade textile fibres represent 0.0052% of total world trade.
Machines to extrude, draw, cut manmade textile fibres are a part of Artificial Textile Machinery.
Exports In 2021 the top exporters of Machines to extrude, draw, cut manmade textile fibres were Germany ($555M), China ($197M), Italy ($102M), Japan ($81.1M), and United States ($41.3M).
Imports In 2021 the top importers of Machines to extrude, draw, cut manmade textile fibres were China ($427M), Turkey ($174M), India ($83.1M), United States ($42.4M), and Thailand ($32.7M).
Tariffs In 2018 the average tariff for Machines to extrude, draw, cut manmade textile fibres was 3.73%, making it the 5312th lowest tariff using the HS6 product classification.
Ranking Machines to extrude, draw, cut manmade textile fibres ranks 51st in the Product Complexity Index (PCI).
Description The three common uses of machines to extrude, draw, and cut manmade textile fibres are to create yarn, fabric, and textiles. Threading the material through the machine's spools, threads, and needles, one can use the machine for a variety of purposes. The machine's spools can be used to create the yarn. The machine's threads can be used to create the fabric. The machine's needles can be used to create the textiles.
The following visualization shows the latest trends on Machines to extrude, draw, cut manmade textile fibres. Countries are shown based on data availability.
For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.
* Using January 2020 exchange rates when trade data is reported in local currency.
Trade By Country
Machines to extrude, draw, cut manmade textile fibres are the world's 2025th most traded product.
In 2021, the top exporters of Machines to extrude, draw, cut manmade textile fibres were Germany ($555M), China ($197M), Italy ($102M), Japan ($81.1M), and United States ($41.3M).
In 2021, the top importers of Machines to extrude, draw, cut manmade textile fibres were China ($427M), Turkey ($174M), India ($83.1M), United States ($42.4M), and Thailand ($32.7M).
Trade by country
Between 2020 and 2021, the exports of Machines to extrude, draw, cut manmade textile fibres grew the fastest in Germany ($190M), Italy ($16.3M), India ($11.2M), Austria ($10.2M), and Belgium ($7.85M).
Between 2020 and 2021, the fastest growing importers of Machines to extrude, draw, cut manmade textile fibres were China ($121M), India ($51.3M), Turkey ($50.7M), Hungary ($24.9M), and Thailand ($19.6M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Machines to extrude, draw, cut manmade textile fibres.
In 2021, market concentration measured using Shannon Entropy, was 2.49. This means that most of the exports of Machines to extrude, draw, cut manmade textile fibres are explained by 5 countries.
This map shows which countries export or import more of Machines to extrude, draw, cut manmade textile fibres. Each country is colored based on the difference in exports and imports of Machines to extrude, draw, cut manmade textile fibres during 2021.
In 2021, the countries that had a largest trade value in exports than in imports of Machines to extrude, draw, cut manmade textile fibres were Germany ($548M), Italy ($98.3M), Japan ($55.6M), Austria ($22M), and Belgium ($9.98M).
In 2021, the countries that had a largest trade value in imports than in exports of Machines to extrude, draw, cut manmade textile fibres were China ($230M), Turkey ($172M), India ($67.6M), Thailand ($31.9M), and Russia ($25.7M).
This visualization shows the countries that have an important ratio of their trade related to Machines to extrude, draw, cut manmade textile fibres. It is possible to select the main countries that export or import Machines to extrude, draw, cut manmade textile fibres in the world, or by continent, as well as select the measure of interest.
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.
Have questions, comments, or concerns?
Send us an e-mail: [email protected]
v5.1.17 quail