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845290 (Harmonized System 1992 for 6-digit)

2023
World Trade $786MRnk 2383 / 4644
2023
Top Exporter | Top Importer $290M | $105MChina | United States
2023
Product Complexity 0.025Rnk 2512 / 4656
2022 - 2023
Export Growth (CAGR) -23.3%Rnk 3909 / 4644
2023
Share of World Trade 0.0035%Rnk 2383 / 4644

About

Overview This page contains the latest trade data of Parts of sewing machines, nes. In 2023, Parts of sewing machines, nes were the world's 2383rd most traded product, with a total trade of $786M. Between 2022 and 2023 the exports of Parts of sewing machines, nes decreased by -23.3%, from $1.02B to $786M. Trade in Parts of sewing machines, nes represent 0.0035% of total world trade.

Parts of sewing machines, nes are a part of Sewing Machines.

Exports In 2023 the top exporters of Parts of sewing machines, nes  were China ($290M), Chinese Taipei ($85.6M), Japan ($81.2M), Germany ($48.7M), and Malaysia ($45.4M).

Imports In 2023 the top importers of Parts of sewing machines, nes were United States ($105M), Vietnam ($74.3M), Japan ($58.6M), China ($36.2M), and Germany ($34.3M).

Ranking Parts of sewing machines, nes ranks 2512th in the Product Complexity Index (PCI).

Description A sewing machine may be used to sew fabrics together, baste, quilt, or do darning and embroidery.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Parts of sewing machines, 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 (2023)China$290M
Top Destination (2023)United States$105M

In 2023 Parts of sewing machines, nes were the world's 2383rd most traded product (out of 4,644).

In 2023, the top exporters of Parts of sewing machines, nes were China ($290M), Chinese Taipei ($85.6M), Japan ($81.2M), Germany ($48.7M), and Malaysia ($45.4M).

In 2023, the top importers of Parts of sewing machines, nes were United States ($105M), Vietnam ($74.3M), Japan ($58.6M), China ($36.2M), and Germany ($34.3M).

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Exporters of Parts of sewing machines, nes (2023)
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Importers of Parts of sewing machines, nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Slovenia$5.06M
Top Destination Growth (2022 -  2023)Kyrgyzstan$7M

Between 2022 and 2023, the exports of Parts of sewing machines, nes grew the fastest in Slovenia ($5.06M), Czechia ($4.19M), Germany ($3.03M), Turkey ($1.93M), and Romania ($1.4M).

Between 2022 and 2023, the fastest growing importers of Parts of sewing machines, nes were Kyrgyzstan ($7M), Algeria ($5.93M), Serbia ($5.05M), Dominican Republic ($2.89M), and Mexico ($2.53M).

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Exporters of Parts of sewing machines, nes (2022 - 2023)

Importers of Parts of sewing machines, nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Parts of sewing machines, nes.

In 2023, market concentration measured using Shannon Entropy, was 3.55. This means that most of the exports of Parts of sewing machines, nes are explained by 11 countries.

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Value of Exports in Parts of sewing machines, nes

Net Trade

TOP NET EXPORTER (2023)China$254M
TOP NET IMPORTER (2023)United States$75.5M

This map shows which countries export or import more of Parts of sewing machines, nes. Each country is colored based on the difference in exports and imports of Parts of sewing machines, nes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Parts of sewing machines, nes were China ($254M), Chinese Taipei ($69.3M), Malaysia ($29.9M), Japan ($22.6M), and Germany ($14.5M).

In 2023, the countries that had a largest trade value in imports than in exports of Parts of sewing machines, nes were United States ($75.5M), Vietnam ($48.3M), Bangladesh ($21.6M), Mexico ($21M), and Russia ($17.8M).

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 Parts of sewing machines, nes.
It is possible to select the main countries that export or import Parts of sewing machines, nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Parts of sewing machines, 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 (2023)

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