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2018
Exports $854MWorld Rnk 1 / 123
Flag Rnk 457 / 1215
2018
Destination $42.6M India
2022 - 2023
FASTEST GROWING MARKET $42.6MUzbekistan
2023
PRODUCT COMPLEXITY IN Textile Fiber Machinery1.55Rnk 36 / 1025
2018
Imports $627MWorld Rnk 2 / 183
Flag Rnk 300 / 1214
2018
Origin $4.72M Japan
2022 - 2023
FASTEST GROWING ORIGIN $4.72MUnited States
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2018, China exported $854M in Textile Fiber Machinery, making it the 1st largest exporter of Textile Fiber Machinery in the world. At the same year, Textile Fiber Machinery was the 457th most exported product in China. The main destination of Textile Fiber Machinery exports from China are: India ($141M), Turkey ($138M), Uzbekistan ($118M), Vietnam ($94.1M), and Bangladesh ($61.1M).

The fastest growing export markets for Textile Fiber Machinery of China between 2022 and 2023 were Uzbekistan ($42.6M), Egypt ($22.5M), and Russia ($7.35M).

Imports In 2023, China imported $627M in Textile Fiber Machinery, becoming the 2nd largest importer of Textile Fiber Machinery in the world. At the same year, Textile Fiber Machinery was the 300th most imported product in China. China imports Textile Fiber Machinery primarily from: Japan ($375M), Germany ($113M), Italy ($76.4M), India ($17.1M), and France ($8.92M).

The fastest growing import markets in Textile Fiber Machinery for China between 2022 and 2023 were United States ($4.72M), Denmark ($2.35M), and Austria ($259k).

COMPANIES In 2024, leading companies such as Jushi Fiberglass (179), CrimsonLogic (106), and Costco Wholesale (6) were at the forefront of shipping Textile Fiber Machinery from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Textile Fiber Machinery exports accounted up to $51.6M and imports accounted up to $56.7M, resulting in a negative trade balance of $5.08M. Between December 2023 and December 2024 the exports of China's   Textile Fiber Machinery have increased by $8.43M (19.5%) from $43.2M to $51.6M, while imports increased by $2.4M (4.42%) from $54.3M to $56.7M.

Destinations In December 2024, Textile Fiber Machinery were exported mostly to Vietnam ($11.9M), India ($8.09M), Turkey ($7.83M), Bangladesh ($5.99M), and Brazil ($2.54M), and were imported mostly from Japan ($33.3M), Germany ($7.43M), Italy ($4.05M), Czechia ($2.88M), and India ($2.82M).

Growth In December 2024, the increase in Textile Fiber Machinery's year-by-year exports was explained primarily by an increase in exports to Turkey ($3.75M or 58.1%), Bangladesh ($3.37M or 55.8%), and Mexico ($2.4M or 137%). In December 2024, the increase in Textile Fiber Machinery's year-by-year imports was explained primarily by an increase in imports from Japan ($15.7M or 112%), Italy ($1.95M or 55.8%), and Germany ($794k or 17.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$8.43M(19.5%)
IMPORT GROWTH (December 2023 - December 2024)$2.4M(4.42%)
MAIN EXPORTER (December 2024)Jiangsu Province$29.8M
MAIN DESTINATION (December 2024)Vietnam$11.9M

This section shows Textile Fiber Machinery's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Textile Fiber Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$854M
IMPORTS (2023)$627M
NET TRADE (2023)$227M

In 2023, China exported $854M in Textile Fiber Machinery. The main destinations of China exports on Textile Fiber Machinery were India ($141M), Turkey ($138M), Uzbekistan ($118M), Vietnam ($94.1M), and Bangladesh ($61.1M).

In 2023, China imported $627M in Textile Fiber Machinery, mainly from Japan ($375M), Germany ($113M), Italy ($76.4M), India ($17.1M), and France ($8.92M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Textile Fiber Machinery EXPORT MARKETS FOR China WERE (2022 - 2023):
Uzbekistan$42.6M (56.1%)
Egypt$22.5M (108%)
Russia$7.35M (136%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Textile Fiber Machinery BY China WERE (2022 - 2023):
Bangladesh-$108M (-63.8%)
Pakistan-$101M (-70.2%)
Turkey-$43.7M (-24.1%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Textile Fiber Machinery were:
Japan $839M
Germany $839M
In 2023, China's main importing competitors in Textile Fiber Machinery were:
Turkey $697M
India $514M

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Trade Value of Textile Fiber Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $56M
TOP IMPORT POTENTIALIndia+ $39.5M

Textile Fiber Machinery’s highest export potential is India. With an export gap of $56M.   Textile Fiber Machinery’s highest import potential is India with an import gap of $39.5M.

See methodology.

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