Overview: In 2018, Knitting Machines were the world's 631st most traded product, with a total trade of $2.94B. Between 2017 and 2018 the exports of Knitting Machines decreased by -11%, from $3.31B to $2.94B. Trade in Knitting Machines represent 0.016% of total world trade.
Exports: In 2018 the top exporters of Knitting Machines were China ($968M), Japan ($596M), Germany ($475M), Italy ($264M), and Chinese Taipei ($187M).
Imports: In 2018 the top importers of Knitting Machines were Turkey ($300M), China ($283M), India ($276M), Vietnam ($272M), and Bangladesh ($265M).
Tariffs: In 2018 the average tariff for Knitting Machines was 3.88%, been the 1023 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Knitting Machines are Bahamas (40.2%), Bermuda (25%), Maldives (19.6%), Cambodia (15%), and Romania (12.9%). The countries with the lowest tariffs are Angola (0%), Egypt (0%), Kenya (0%), Mauritius (0%), and Rwanda (0%).
Ranking: Knitting Machines ranks 143rd in the Product Complexity Index (PCI).