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844590 (Harmonized System 1992 for 6-digit)

2023
World Trade $228MRnk 3573 / 4644
2023
Top Exporter | Top Importer $56.7M | $35.6MChina | China
2023
Product Complexity 0.32Rnk 1992 / 4656
2022 - 2023
Export Growth (CAGR) -28.1%Rnk 4158 / 4644
2023
Share of World Trade 0.001%Rnk 3573 / 4644

About

Overview This page contains the latest trade data of Machinery for producing or preparing textile yarn nes. In 2023, Machinery for producing or preparing textile yarn nes were the world's 3573rd most traded product, with a total trade of $228M. Between 2022 and 2023 the exports of Machinery for producing or preparing textile yarn nes decreased by -28.1%, from $317M to $228M. Trade in Machinery for producing or preparing textile yarn nes represent 0.001% of total world trade.

Machinery for producing or preparing textile yarn nes are a part of Textile Fiber Machinery.

Exports In 2023 the top exporters of Machinery for producing or preparing textile yarn nes  were China ($56.7M), Japan ($37.9M), Italy ($32.3M), Germany ($31.9M), and India ($10.4M).

Imports In 2023 the top importers of Machinery for producing or preparing textile yarn nes were China ($35.6M), Egypt ($19M), India ($15.8M), Turkey ($13M), and Indonesia ($11.5M).

Ranking Machinery for producing or preparing textile yarn nes ranks 1992nd in the Product Complexity Index (PCI).

Description Many different machines are used for the production of textile yarn. One machine is a spinning machine, which turns yarn from the raw material into finished product. Another machine is a weaving machine, which weaves yarn to create a fabric.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Machinery for producing or preparing textile yarn nes. 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$56.7M
Top Destination (2023)China$35.6M

In 2023 Machinery for producing or preparing textile yarn nes were the world's 3573rd most traded product (out of 4,644).

In 2023, the top exporters of Machinery for producing or preparing textile yarn nes were China ($56.7M), Japan ($37.9M), Italy ($32.3M), Germany ($31.9M), and India ($10.4M).

In 2023, the top importers of Machinery for producing or preparing textile yarn nes were China ($35.6M), Egypt ($19M), India ($15.8M), Turkey ($13M), and Indonesia ($11.5M).

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Exporters of Machinery for producing or preparing textile yarn nes (2023)
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Importers of Machinery for producing or preparing textile yarn nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Japan$4.24M
Top Destination Growth (2022 -  2023)Egypt$13.5M

Between 2022 and 2023, the exports of Machinery for producing or preparing textile yarn nes grew the fastest in Japan ($4.24M), Honduras ($4.01M), Israel ($1.03M), Jordan ($906k), and Austria ($862k).

Between 2022 and 2023, the fastest growing importers of Machinery for producing or preparing textile yarn nes were Egypt ($13.5M), Nicaragua ($5M), Indonesia ($4.81M), Dominican Republic ($3.62M), and Guatemala ($2.75M).

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Exporters of Machinery for producing or preparing textile yarn nes (2022 - 2023)

Importers of Machinery for producing or preparing textile yarn nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Machinery for producing or preparing textile yarn nes.

In 2023, market concentration measured using Shannon Entropy, was 3.56. This means that most of the exports of Machinery for producing or preparing textile yarn nes are explained by 11 countries.

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Value of Exports in Machinery for producing or preparing textile yarn nes

Net Trade

TOP NET EXPORTER (2023)Japan$36.1M
TOP NET IMPORTER (2023)Egypt$19M

This map shows which countries export or import more of Machinery for producing or preparing textile yarn nes. Each country is colored based on the difference in exports and imports of Machinery for producing or preparing textile yarn nes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Machinery for producing or preparing textile yarn nes were Japan ($36.1M), Germany ($28.3M), Italy ($23.8M), China ($21.1M), and Switzerland ($5.59M).

In 2023, the countries that had a largest trade value in imports than in exports of Machinery for producing or preparing textile yarn nes were Egypt ($19M), Indonesia ($11.4M), Vietnam ($10.6M), Turkey ($9.3M), and Pakistan ($7.9M).

Net Trade (2023)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Machinery for producing or preparing textile yarn nes.
It is possible to select the main countries that export or import Machinery for producing or preparing textile yarn nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Machinery for producing or preparing textile yarn nes 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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