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844621 (Harmonized System 1992 for 6-digit)

2023
World Trade $100MRnk 4057 / 4644
2023
Top Exporter | Top Importer $33.3M | $7.9MChina | Turkey
2023
Product Complexity 0.059Rnk 2455 / 4656
2022 - 2023
Export Growth (CAGR) -11.6%Rnk 2887 / 4644
2023
Share of World Trade 0.00044%Rnk 4057 / 4644

About

Overview This page contains the latest trade data of Shuttle type power loom for weaving fabric >30cm wide. In 2023, Shuttle type power loom for weaving fabric >30cm wide were the world's 4057th most traded product, with a total trade of $100M. Between 2022 and 2023 the exports of Shuttle type power loom for weaving fabric >30cm wide decreased by -11.6%, from $113M to $100M. Trade in Shuttle type power loom for weaving fabric >30cm wide represent 0.00044% of total world trade.

Shuttle type power loom for weaving fabric >30cm wide are a part of Looms.

Exports In 2023 the top exporters of Shuttle type power loom for weaving fabric >30cm wide  were China ($33.3M), Austria ($22.5M), Italy ($6.83M), Germany ($6.46M), and India ($5.76M).

Imports In 2023 the top importers of Shuttle type power loom for weaving fabric >30cm wide were Turkey ($7.9M), Vietnam ($7.86M), India ($7.04M), Brazil ($6.05M), and Russia ($4.04M).

Ranking Shuttle type power loom for weaving fabric >30cm wide ranks 2455th in the Product Complexity Index (PCI).

Description A shuttle type power loom is a machine that is used to weave fabric that is 30cm or wider. It is used to weave fabric for clothes, towels, and other materials.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Shuttle type power loom for weaving fabric >30cm wide. 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$33.3M
Top Destination (2023)Turkey$7.9M

In 2023 Shuttle type power loom for weaving fabric >30cm wide were the world's 4057th most traded product (out of 4,644).

In 2023, the top exporters of Shuttle type power loom for weaving fabric >30cm wide were China ($33.3M), Austria ($22.5M), Italy ($6.83M), Germany ($6.46M), and India ($5.76M).

In 2023, the top importers of Shuttle type power loom for weaving fabric >30cm wide were Turkey ($7.9M), Vietnam ($7.86M), India ($7.04M), Brazil ($6.05M), and Russia ($4.04M).

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Exporters of Shuttle type power loom for weaving fabric >30cm wide (2023)
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Importers of Shuttle type power loom for weaving fabric >30cm wide (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Switzerland$2.99M
Top Destination Growth (2022 -  2023)Philippines$3.13M

Between 2022 and 2023, the exports of Shuttle type power loom for weaving fabric >30cm wide grew the fastest in Switzerland ($2.99M), Germany ($2.69M), Hungary ($1.37M), United Kingdom ($1.3M), and United States ($1.08M).

Between 2022 and 2023, the fastest growing importers of Shuttle type power loom for weaving fabric >30cm wide were Philippines ($3.13M), Kazakhstan ($2.32M), Turkey ($2.23M), Netherlands ($1.71M), and Tajikistan ($1.49M).

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Exporters of Shuttle type power loom for weaving fabric >30cm wide (2022 - 2023)

Importers of Shuttle type power loom for weaving fabric >30cm wide (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Shuttle type power loom for weaving fabric >30cm wide.

In 2023, market concentration measured using Shannon Entropy, was 3.28. This means that most of the exports of Shuttle type power loom for weaving fabric >30cm wide are explained by 9 countries.

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Value of Exports in Shuttle type power loom for weaving fabric >30cm wide

Net Trade

TOP NET EXPORTER (2023)China$32.1M
TOP NET IMPORTER (2023)Vietnam$7.85M

This map shows which countries export or import more of Shuttle type power loom for weaving fabric >30cm wide. Each country is colored based on the difference in exports and imports of Shuttle type power loom for weaving fabric >30cm wide during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Shuttle type power loom for weaving fabric >30cm wide were China ($32.1M), Austria ($22.4M), Italy ($6.23M), Czechia ($4.53M), and Germany ($4.46M).

In 2023, the countries that had a largest trade value in imports than in exports of Shuttle type power loom for weaving fabric >30cm wide were Vietnam ($7.85M), Turkey ($6.15M), Brazil ($5.75M), Russia ($4.02M), and Pakistan ($2.25M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Shuttle type power loom for weaving fabric >30cm wide.
It is possible to select the main countries that export or import Shuttle type power loom for weaving fabric >30cm wide in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Shuttle type power loom for weaving fabric >30cm wide 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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