2022
Exports
$1.08BWorld Rnk 1 / 119
Flag Rnk 416 / 1216
2022
PRODUCT COMPLEXITY IN Textile Fiber Machinery
1.53Rnk 47 / 1025
2022
Imports
$687MWorld Rnk 1 / 178
Flag Rnk 289 / 1212
2022
ECONOMIC COMPLEXITY of China
1.12Rnk 22 / 133

About

Exports In 2022, China exported $1.08B 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 416th most exported product in China. The main destination of Textile Fiber Machinery exports from China are: Bangladesh ($169M), Pakistan ($160M), Turkey ($160M), Vietnam ($149M), and India ($149M).

The fastest growing export markets for Textile Fiber Machinery of China between 2021 and 2022 were Bangladesh ($116M), India ($80.1M), and Turkey ($65.2M).

Imports In 2022, China imported $687M in Textile Fiber Machinery, becoming the 1st largest importer of Textile Fiber Machinery in the world. At the same year, Textile Fiber Machinery was the 289th most imported product in China. China imports Textile Fiber Machinery primarily from: Japan ($369M), Germany ($123M), Italy ($68M), India ($35.8M), and France ($33.8M).

The fastest growing import markets in Textile Fiber Machinery for China between 2021 and 2022 were Japan ($93M), India ($20.6M), and South Korea ($8.76M).

COMPANIES In 2023, leading companies such as CrimsonLogic (72), Jushi Fiberglass (69), and Costco Wholesale (3) were at the forefront of shipping Textile Fiber Machinery from China to the United States.

Latest Trends

October 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$1.97M(4.55%)
IMPORT GROWTH (October 2023 - October 2024)$26.6M(57.8%)
MAIN EXPORTER (October 2024)Jiangsu Province$28.9M
MAIN DESTINATION (October 2024)Vietnam$13.5M

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 (2022)$1.08B
IMPORTS (2022)$687M
NET TRADE (2022)$397M

In 2022, China exported $1.08B in Textile Fiber Machinery. The main destinations of China exports on Textile Fiber Machinery were Bangladesh ($169M), Pakistan ($160M), Turkey ($160M), Vietnam ($149M), and India ($149M).

In 2022, China imported $687M in Textile Fiber Machinery, mainly from Japan ($369M), Germany ($123M), Italy ($68M), India ($35.8M), and France ($33.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Textile Fiber Machinery EXPORT MARKETS FOR China WERE (2021 - 2022):
Bangladesh$116M (220%)
India$80.1M (116%)
Turkey$65.2M (69%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Textile Fiber Machinery BY China WERE (2021 - 2022):
Malaysia-$20.2M (-71.3%)
Argentina-$7.67M (-62.8%)
Nicaragua-$7.44M (-90.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Textile Fiber Machinery were:
In 2022, China's main importing competitors in Textile Fiber Machinery were:
India $547M

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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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