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844819 (Harmonized System 1992 for 6-digit)

2023
World Trade $316MRnk 3292 / 4644
2023
Top Exporter | Top Importer $111M | $90.4MChina | India
2023
Product Complexity 0.91Rnk 918 / 4656
2022 - 2023
Export Growth (CAGR) 2.13%Rnk 1320 / 4644
2023
Share of World Trade 0.0014%Rnk 3292 / 4644

About

Overview This page contains the latest trade data of Auxiliary machines nes for spin, weave, knit machines. In 2023, Auxiliary machines nes for spin, weave, knit machines were the world's 3292nd most traded product, with a total trade of $316M. Between 2022 and 2023 the exports of Auxiliary machines nes for spin, weave, knit machines grew by 2.13%, from $309M to $316M. Trade in Auxiliary machines nes for spin, weave, knit machines represent 0.0014% of total world trade.

Auxiliary machines nes for spin, weave, knit machines are a part of Knitting Machine Accessories.

Exports In 2023 the top exporters of Auxiliary machines nes for spin, weave, knit machines  were China ($111M), Spain ($31.5M), Germany ($29.8M), Switzerland ($29.5M), and Italy ($22.3M).

Imports In 2023 the top importers of Auxiliary machines nes for spin, weave, knit machines were India ($90.4M), Sweden ($19.5M), United States ($19.3M), Turkey ($18.7M), and China ($17.6M).

Ranking Auxiliary machines nes for spin, weave, knit machines ranks 918th in the Product Complexity Index (PCI).

Description Auxiliary machines are the machines that are used to assist the primary machine in the production of thread, fabric, or yarn. Auxiliary machines may include a dobby, niddy noddy, or a winding machine. They are commonly used in spinning, weaving, and knitting.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Auxiliary machines nes for spin, weave, knit machines. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)China$111M
Top Destination (2023)India$90.4M

In 2023 Auxiliary machines nes for spin, weave, knit machines were the world's 3292nd most traded product (out of 4,644).

In 2023, the top exporters of Auxiliary machines nes for spin, weave, knit machines were China ($111M), Spain ($31.5M), Germany ($29.8M), Switzerland ($29.5M), and Italy ($22.3M).

In 2023, the top importers of Auxiliary machines nes for spin, weave, knit machines were India ($90.4M), Sweden ($19.5M), United States ($19.3M), Turkey ($18.7M), and China ($17.6M).

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Exporters of Auxiliary machines nes for spin, weave, knit machines (2023)
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Importers of Auxiliary machines nes for spin, weave, knit machines (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$40.8M
Top Destination Growth (2022 -  2023)India$54.2M

Between 2022 and 2023, the exports of Auxiliary machines nes for spin, weave, knit machines grew the fastest in China ($40.8M), Germany ($11.8M), Sweden ($7.87M), Spain ($2.48M), and Austria ($1.66M).

Between 2022 and 2023, the fastest growing importers of Auxiliary machines nes for spin, weave, knit machines were India ($54.2M), Belgium ($8.78M), United States ($5.66M), Turkey ($4M), and Indonesia ($3.8M).

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Exporters of Auxiliary machines nes for spin, weave, knit machines (2022 - 2023)

Importers of Auxiliary machines nes for spin, weave, knit machines (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Auxiliary machines nes for spin, weave, knit machines.

In 2023, market concentration measured using Shannon Entropy, was 3.38. This means that most of the exports of Auxiliary machines nes for spin, weave, knit machines are explained by 10 countries.

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Value of Exports in Auxiliary machines nes for spin, weave, knit machines

Net Trade

TOP NET EXPORTER (2023)China$93.8M
TOP NET IMPORTER (2023)India$83.6M

This map shows which countries export or import more of Auxiliary machines nes for spin, weave, knit machines. Each country is colored based on the difference in exports and imports of Auxiliary machines nes for spin, weave, knit machines during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Auxiliary machines nes for spin, weave, knit machines were China ($93.8M), Spain ($28.4M), Switzerland ($26.2M), Germany ($25.5M), and Italy ($11M).

In 2023, the countries that had a largest trade value in imports than in exports of Auxiliary machines nes for spin, weave, knit machines were India ($83.6M), Turkey ($13.8M), Vietnam ($13.3M), United States ($13.3M), and Belgium ($11.6M).

Net Trade (2023)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Auxiliary machines nes for spin, weave, knit machines.
It is possible to select the main countries that export or import Auxiliary machines nes for spin, weave, knit machines in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Auxiliary machines nes for spin, weave, knit machines by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

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.

Relatedness vs Country Complexity (2023)

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