Overview: This page contains the latest trade data of Textile Fiber Machinery. In 2019, Textile Fiber Machinery were the world's 598th most traded product, with a total trade of $3.4B. Between 2018 and 2019 the exports of Textile Fiber Machinery decreased by -28.4%, from $4.75B to $3.4B. Trade in Textile Fiber Machinery represent 0.019% of total world trade.
Exports: In 2019 the top exporters of Textile Fiber Machinery were Germany ($844M), China ($592M), Japan ($511M), Italy ($366M), and India ($237M).
Imports: In 2019 the top importers of Textile Fiber Machinery were China ($778M), Vietnam ($341M), Uzbekistan ($302M), Pakistan ($249M), and India ($229M).
Tariffs: In 2018 the average tariff for Textile Fiber Machinery was 3.91%, making it the 1013th lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Textile Fiber Machinery 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: Textile Fiber Machinery ranks 125th 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.