Textile Fiber Machinery8445 (Harmonized System 1992 for 4-digit)
2020 World Trade: $2.71B, Rnk 635 / 1217
2020 Top Exporter | Top Importer: $800M | $659M, Germany | China
2020 Product Complexity: 1.45, Rnk 65 / 1028
2019 - 2020 Export Growth (CAGR): -21.9%, Rnk 1055 / 1217
2018 Mean Tariff: 3.83%, Rnk 1045 / 1259
2020 Share of World Trade: 0.016%, Rnk 635 / 1217
Overview This page contains the latest trade data of Textile Fiber Machinery. In 2020, Textile Fiber Machinery were the world's 635th most traded product, with a total trade of $2.71B. Between 2019 and 2020 the exports of Textile Fiber Machinery decreased by -21.9%, from $3.47B to $2.71B. Trade in Textile Fiber Machinery represent 0.016% of total world trade.
Textile Fiber Machinery are a part of Machinery, mechanical appliances, & parts. They include Textile yarn winding or reeling machines, Textile yarn spinning machines, Textile fibre preparing machines nes, Machinery for producing or preparing textile yarn nes, Textile fibre carding machines, Textile yarn doubling or twisting machines, Textile fibre drawing or roving machines, and Textile fibre combing machines.
Exports In 2020 the top exporters of Textile Fiber Machinery were Germany ($800M), Japan ($377M), China ($360M), Italy ($199M), and India ($167M).
Imports In 2020 the top importers of Textile Fiber Machinery were China ($659M), Turkey ($375M), Uzbekistan ($179M), Pakistan ($157M), and Vietnam ($150M).
Tariffs In 2018 the average tariff for Textile Fiber Machinery was 3.83%, making it the 1045th lowest tariff using the HS4 product classification.
Ranking Textile Fiber Machinery ranks 65th in the Product Complexity Index (PCI).
Description Textile machines are used to make yarns for the production of other goods. They can be made from a variety of materials, including cotton, wool, silk, and polyester.
The following visualization shows the latest trends on Textile Fiber Machinery. 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
Textile Fiber Machinery are the world's 635th most traded product.
In 2020, the top exporters of Textile Fiber Machinery were Germany ($800M), Japan ($377M), China ($360M), Italy ($199M), and India ($167M).
In 2020, the top importers of Textile Fiber Machinery were China ($659M), Turkey ($375M), Uzbekistan ($179M), Pakistan ($157M), and Vietnam ($150M).
Trade by country
Between 2019 and 2020, the exports of Textile Fiber Machinery grew the fastest in Czechia ($65.2M), Netherlands ($55.7M), Lithuania ($5.58M), Austria ($5.25M), and Mauritius ($4.65M).
Between 2019 and 2020, the fastest growing importers of Textile Fiber Machinery were Turkey ($186M), Thailand ($46.7M), Netherlands ($36.6M), Argentina ($8.25M), and South Korea ($8.05M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Textile Fiber Machinery.
In 2020, market concentration measured using Shannon Entropy, was 3.52. This means that most of the exports of Textile Fiber Machinery are explained by 11 countries.
This map shows which countries export or import more of Textile Fiber Machinery. Each country is colored based on the difference in exports and imports of Textile Fiber Machinery during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Textile Fiber Machinery were Germany ($766M), Japan ($368M), Italy ($178M), Switzerland ($144M), and Czechia ($106M).
In 2020, the countries that had a largest trade value in imports than in exports of Textile Fiber Machinery were Turkey ($341M), China ($299M), Uzbekistan ($179M), Pakistan ($157M), and Vietnam ($147M).
In 2020, the world most traded Textile Fiber Machinery, disaggragated by their HS6 level were Textile yarn winding or reeling machines ($774M), Textile yarn spinning machines ($733M), Textile fibre preparing machines nes ($334M), Textile fibre carding machines ($260M), and Machinery for producing or preparing textile... ($259M)
This visualization shows the countries that have an important ratio of their trade related to Textile Fiber Machinery. It is possible to select the main countries that export or import Textile Fiber Machinery 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.
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