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844849 (Harmonized System 1992 for 6-digit)

2022
World Trade $933MRnk 2279 / 4648
2022
Top Exporter | Top Importer $223M | $131MChina | Belgium
2022
Product Complexity 1.3Rnk 365 / 4653
2021 - 2022
Export Growth (CAGR) -2.98%Rnk 3374 / 4648
2022
Share of World Trade 0.0039%Rnk 2279 / 4648

About

Overview This page contains the latest trade data of Parts & accessories of looms, auxiliary machinery nes. In 2022, Parts & accessories of looms, auxiliary machinery nes were the world's 2279th most traded product, with a total trade of $933M. Between 2021 and 2022 the exports of Parts & accessories of looms, auxiliary machinery nes decreased by -2.98%, from $962M to $933M. Trade in Parts & accessories of looms, auxiliary machinery nes represent 0.0039% of total world trade.

Parts & accessories of looms, auxiliary machinery nes are a part of Knitting Machine Accessories.

Exports In 2022 the top exporters of Parts & accessories of looms, auxiliary machinery nes  were China ($223M), Germany ($104M), Italy ($86.3M), France ($78.9M), and Switzerland ($77.2M).

Imports In 2022 the top importers of Parts & accessories of looms, auxiliary machinery nes were Belgium ($131M), China ($95.5M), India ($90.3M), Germany ($72.4M), and United States ($53M).

Ranking Parts & accessories of looms, auxiliary machinery nes ranks 365th in the Product Complexity Index (PCI).

Description Parts & Accessories of Loom: Loom Parts: A loom is a device used to weave fabric. The frame of the loom is made up of a series of parts that work in concert to produce woven fabric. Many of the parts are interchangeable depending on the type of loom. A loom frame is the frame of the loom, which includes the upright posts, base, and head. The loom is designed to hold the warp threads, the threads which run the length of the loom. The warp is stretched over the warp beam

Latest Trends

Latest Data

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The following visualization shows the latest trends on Parts & accessories of looms, auxiliary machinery nes. 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)China$223M
Top Destination (2022)Belgium$131M

In 2022 Parts & accessories of looms, auxiliary machinery nes were the world's 2279th most traded product (out of 4,648).

In 2022, the top exporters of Parts & accessories of looms, auxiliary machinery nes were China ($223M), Germany ($104M), Italy ($86.3M), France ($78.9M), and Switzerland ($77.2M).

In 2022, the top importers of Parts & accessories of looms, auxiliary machinery nes were Belgium ($131M), China ($95.5M), India ($90.3M), Germany ($72.4M), and United States ($53M).

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Exporters of Parts & accessories of looms, auxiliary machinery nes (2022)
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Importers of Parts & accessories of looms, auxiliary machinery nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$37.5M
Top Destination Growth (2021 -  2022)India$22.8M

Between 2021 and 2022, the exports of Parts & accessories of looms, auxiliary machinery nes grew the fastest in China ($37.5M), Turkey ($2.97M), Switzerland ($2.73M), India ($1.64M), and Romania ($1.31M).

Between 2021 and 2022, the fastest growing importers of Parts & accessories of looms, auxiliary machinery nes were India ($22.8M), United States ($7.16M), Turkey ($6.33M), Egypt ($4.52M), and Japan ($4.27M).

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Exporters of Parts & accessories of looms, auxiliary machinery nes (2021 - 2022)

Importers of Parts & accessories of looms, auxiliary machinery nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Parts & accessories of looms, auxiliary machinery nes.

In 2022, market concentration measured using Shannon Entropy, was 3.87. This means that most of the exports of Parts & accessories of looms, auxiliary machinery nes are explained by 14 countries.

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Value of Exports in Parts & accessories of looms, auxiliary machinery nes

Net Trade

TOP NET EXPORTER (2022)China$128M
TOP NET IMPORTER (2022)India$72.6M

This map shows which countries export or import more of Parts & accessories of looms, auxiliary machinery nes. Each country is colored based on the difference in exports and imports of Parts & accessories of looms, auxiliary machinery nes during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Parts & accessories of looms, auxiliary machinery nes were China ($128M), France ($57.9M), Switzerland ($56.3M), Italy ($45M), and Czechia ($38.9M).

In 2022, the countries that had a largest trade value in imports than in exports of Parts & accessories of looms, auxiliary machinery nes were India ($72.6M), Belgium ($57.6M), United States ($44.2M), Turkey ($23.5M), and Indonesia ($19.1M).

Net Trade (2022)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Parts & accessories of looms, auxiliary machinery nes.
It is possible to select the main countries that export or import Parts & accessories of looms, auxiliary machinery nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Parts & accessories of looms, auxiliary machinery nes 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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