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844712 (Harmonized System 1992 for 6-digit)

2022
World Trade $718MRnk 2550 / 4648
2022
Top Exporter | Top Importer $295M | $134MChina | Turkey
2022
Product Complexity 2.03Rnk 16 / 4653
2021 - 2022
Export Growth (CAGR) 0.56%Rnk 2865 / 4648
2022
Share of World Trade 0.003%Rnk 2550 / 4648

About

Overview This page contains the latest trade data of Circular knitting machines, diameter > 165 mm. In 2022, Circular knitting machines, diameter > 165 mm were the world's 2550th most traded product, with a total trade of $718M. Between 2021 and 2022 the exports of Circular knitting machines, diameter > 165 mm grew by 0.56%, from $714M to $718M. Trade in Circular knitting machines, diameter > 165 mm represent 0.003% of total world trade.

Circular knitting machines, diameter > 165 mm are a part of Knitting Machines.

Exports In 2022 the top exporters of Circular knitting machines, diameter > 165 mm  were China ($295M), Germany ($126M), Chinese Taipei ($90.4M), Italy ($72M), and Japan ($62.8M).

Imports In 2022 the top importers of Circular knitting machines, diameter > 165 mm were Turkey ($134M), Bangladesh ($92M), India ($87.7M), Vietnam ($49.7M), and Brazil ($28.4M).

Ranking Circular knitting machines, diameter > 165 mm ranks 16th in the Product Complexity Index (PCI).

Description Circular knitting machines are used to knit circular garments such as sweaters, hats, sleeves, and gloves, as well as circular blankets and rugs. Knitted fabric is formed by passing loops of yarn in an endless loop over a hook, a cable, and a needle. The machine has a needle bed with a group of needles attached to it. The fabric loops are attached to the needles and the machine feeds the fabric loops through a set of loops that moves them toward the needle bed. The loops are then wrapped around the needle bed. When the operator pushes the machine's pedal,

Latest Trends

Latest Data

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The following visualization shows the latest trends on Circular knitting machines, diameter > 165 mm. 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 (2022)China$295M
Top Destination (2022)Turkey$134M

In 2022 Circular knitting machines, diameter > 165 mm were the world's 2550th most traded product (out of 4,648).

In 2022, the top exporters of Circular knitting machines, diameter > 165 mm were China ($295M), Germany ($126M), Chinese Taipei ($90.4M), Italy ($72M), and Japan ($62.8M).

In 2022, the top importers of Circular knitting machines, diameter > 165 mm were Turkey ($134M), Bangladesh ($92M), India ($87.7M), Vietnam ($49.7M), and Brazil ($28.4M).

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Exporters of Circular knitting machines, diameter > 165 mm (2022)
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Importers of Circular knitting machines, diameter > 165 mm (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Italy$16.7M
Top Destination Growth (2021 -  2022)Bangladesh$34.1M

Between 2021 and 2022, the exports of Circular knitting machines, diameter > 165 mm grew the fastest in Italy ($16.7M), United States ($14.5M), Chinese Taipei ($8.08M), Germany ($6.37M), and United Kingdom ($1.38M).

Between 2021 and 2022, the fastest growing importers of Circular knitting machines, diameter > 165 mm were Bangladesh ($34.1M), Honduras ($9.13M), Mexico ($6.9M), Jordan ($6.41M), and Brazil ($5.76M).

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Exporters of Circular knitting machines, diameter > 165 mm (2021 - 2022)

Importers of Circular knitting machines, diameter > 165 mm (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Circular knitting machines, diameter > 165 mm.

In 2022, market concentration measured using Shannon Entropy, was 2.61. This means that most of the exports of Circular knitting machines, diameter > 165 mm are explained by 6 countries.

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Value of Exports in Circular knitting machines, diameter > 165 mm

Net Trade

TOP NET EXPORTER (2022)China$280M
TOP NET IMPORTER (2022)Turkey$131M

This map shows which countries export or import more of Circular knitting machines, diameter > 165 mm. Each country is colored based on the difference in exports and imports of Circular knitting machines, diameter > 165 mm during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Circular knitting machines, diameter > 165 mm were China ($280M), Germany ($123M), Chinese Taipei ($78.5M), Japan ($62.2M), and Italy ($54.8M).

In 2022, the countries that had a largest trade value in imports than in exports of Circular knitting machines, diameter > 165 mm were Turkey ($131M), Bangladesh ($92M), India ($86.8M), Vietnam ($48.9M), and Uzbekistan ($28.2M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Circular knitting machines, diameter > 165 mm.
It is possible to select the main countries that export or import Circular knitting machines, diameter > 165 mm in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Circular knitting machines, diameter > 165 mm 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 (2022)

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