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844400 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.27BRnk 1850 / 4644
2023
Top Exporter | Top Importer $614M | $557MGermany | China
2023
Product Complexity 1.81Rnk 48 / 4656
2022 - 2023
Export Growth (CAGR) -12.8%Rnk 3015 / 4644
2023
Share of World Trade 0.0056%Rnk 1850 / 4644

About

Overview This page contains the latest trade data of Machines to extrude, draw, cut manmade textile fibres. In 2023, Machines to extrude, draw, cut manmade textile fibres were the world's 1850th most traded product, with a total trade of $1.27B. Between 2022 and 2023 the exports of Machines to extrude, draw, cut manmade textile fibres decreased by -12.8%, from $1.45B to $1.27B. Trade in Machines to extrude, draw, cut manmade textile fibres represent 0.0056% of total world trade.

Machines to extrude, draw, cut manmade textile fibres are a part of Artificial Textile Machinery.

Exports In 2023 the top exporters of Machines to extrude, draw, cut manmade textile fibres  were Germany ($614M), China ($274M), Japan ($184M), Italy ($75.6M), and United States ($22.5M).

Imports In 2023 the top importers of Machines to extrude, draw, cut manmade textile fibres were China ($557M), Turkey ($193M), India ($148M), United States ($95.4M), and Vietnam ($30.3M).

Ranking Machines to extrude, draw, cut manmade textile fibres ranks 48th in the Product Complexity Index (PCI).

Description The three common uses of machines to extrude, draw, and cut manmade textile fibres are to create yarn, fabric, and textiles. Threading the material through the machine's spools, threads, and needles, one can use the machine for a variety of purposes. The machine's spools can be used to create the yarn. The machine's threads can be used to create the fabric. The machine's needles can be used to create the textiles.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Machines to extrude, draw, cut manmade textile fibres. 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)Germany$614M
Top Destination (2023)China$557M

In 2023 Machines to extrude, draw, cut manmade textile fibres were the world's 1850th most traded product (out of 4,644).

In 2023, the top exporters of Machines to extrude, draw, cut manmade textile fibres were Germany ($614M), China ($274M), Japan ($184M), Italy ($75.6M), and United States ($22.5M).

In 2023, the top importers of Machines to extrude, draw, cut manmade textile fibres were China ($557M), Turkey ($193M), India ($148M), United States ($95.4M), and Vietnam ($30.3M).

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Exporters of Machines to extrude, draw, cut manmade textile fibres (2023)
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Importers of Machines to extrude, draw, cut manmade textile fibres (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Japan$15.6M
Top Destination Growth (2022 -  2023)China$60.3M

Between 2022 and 2023, the exports of Machines to extrude, draw, cut manmade textile fibres grew the fastest in Japan ($15.6M), United States ($5.94M), Switzerland ($1.82M), Turkey ($1.5M), and Malaysia ($1.43M).

Between 2022 and 2023, the fastest growing importers of Machines to extrude, draw, cut manmade textile fibres were China ($60.3M), Thailand ($10.5M), Algeria ($9.01M), United Kingdom ($7.03M), and Australia ($4.19M).

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Exporters of Machines to extrude, draw, cut manmade textile fibres (2022 - 2023)

Importers of Machines to extrude, draw, cut manmade textile fibres (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Machines to extrude, draw, cut manmade textile fibres.

In 2023, market concentration measured using Shannon Entropy, was 2.32. This means that most of the exports of Machines to extrude, draw, cut manmade textile fibres are explained by 5 countries.

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Value of Exports in Machines to extrude, draw, cut manmade textile fibres

Net Trade

TOP NET EXPORTER (2023)Germany$609M
TOP NET IMPORTER (2023)China$284M

This map shows which countries export or import more of Machines to extrude, draw, cut manmade textile fibres. Each country is colored based on the difference in exports and imports of Machines to extrude, draw, cut manmade textile fibres during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Machines to extrude, draw, cut manmade textile fibres were Germany ($609M), Japan ($179M), Italy ($72.8M), Austria ($15.2M), and Belgium ($6.14M).

In 2023, the countries that had a largest trade value in imports than in exports of Machines to extrude, draw, cut manmade textile fibres were China ($284M), Turkey ($189M), India ($134M), United States ($72.9M), and Vietnam ($30.2M).

Net Trade (2023)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Machines to extrude, draw, cut manmade textile fibres.
It is possible to select the main countries that export or import Machines to extrude, draw, cut manmade textile fibres in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Machines to extrude, draw, cut manmade textile fibres 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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