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Textile machinery; spinning, doubling, twisting machines, textile reeling or winding machines and machines for preparing textile yarns for use on machines of heading no. 8446 and 8447

8445 (Harmonized System 1992 for 4-digit)

2023
World Trade $3.99BRnk 603 / 1217
2023
Top Exporter | Top Importer $854M | $697MChina | Turkey
2023
Product Complexity 1.26Rnk 88 / 1044
2022 - 2023
Export Growth (CAGR) -6.69%Rnk 630 / 1217
2023
Share of World Trade 0.018%Rnk 603 / 1217

About

Overview This page contains the latest trade data of Textile Fiber Machinery. In 2023, Textile Fiber Machinery were the world's 603rd most traded product, with a total trade of $3.99B. Between 2022 and 2023 the exports of Textile Fiber Machinery decreased by -6.69%, from $4.28B to $3.99B. Trade in Textile Fiber Machinery represent 0.018% of total world trade.

Textile Fiber Machinery are a part of Machinery, mechanical appliances, & parts. They include Textile yarn spinning machines, Textile yarn winding or reeling machines, Textile fibre preparing machines nes, Machinery for producing or preparing textile yarn nes, Textile fibre carding machines, Textile yarn doubling or twisting machines, Textile fibre drawing or roving machines, and Textile fibre combing machines.

Exports In 2023 the top exporters of Textile Fiber Machinery  were China ($854M), Japan ($839M), Germany ($839M), India ($518M), and Italy ($350M).

Imports In 2023 the top importers of Textile Fiber Machinery were Turkey ($697M), China ($627M), India ($514M), Uzbekistan ($287M), and Bangladesh ($238M).

Ranking Textile Fiber Machinery ranks 88th in the Product Complexity Index (PCI).

Description Textile machines are used to make yarns for the production of other goods. They can be made from a variety of materials, including cotton, wool, silk, and polyester.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Textile Fiber Machinery. 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$854M
Top Destination (2023)Turkey$697M

In 2023 Textile Fiber Machinery were the world's 603rd most traded product (out of 1,217).

In 2023, the top exporters of Textile Fiber Machinery were China ($854M), Japan ($839M), Germany ($839M), India ($518M), and Italy ($350M).

In 2023, the top importers of Textile Fiber Machinery were Turkey ($697M), China ($627M), India ($514M), Uzbekistan ($287M), and Bangladesh ($238M).

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Exporters of Textile Fiber Machinery (2023)
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Importers of Textile Fiber Machinery (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$147M
Top Destination Growth (2022 -  2023)Egypt$140M

Between 2022 and 2023, the exports of Textile Fiber Machinery grew the fastest in Germany ($147M), Japan ($26M), Austria ($17.4M), India ($13.5M), and Spain ($13.2M).

Between 2022 and 2023, the fastest growing importers of Textile Fiber Machinery were Egypt ($140M), Indonesia ($53.9M), Benin ($26.8M), Brazil ($23.8M), and Georgia ($17.5M).

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Exporters of Textile Fiber Machinery (2022 - 2023)

Importers of Textile Fiber Machinery (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Textile Fiber Machinery.

In 2023, market concentration measured using Shannon Entropy, was 3.15. This means that most of the exports of Textile Fiber Machinery are explained by 8 countries.

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Value of Exports in Textile Fiber Machinery

Net Trade

TOP NET EXPORTER (2023)Japan$830M
TOP NET IMPORTER (2023)Turkey$666M

This map shows which countries export or import more of Textile Fiber Machinery. Each country is colored based on the difference in exports and imports of Textile Fiber Machinery during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Textile Fiber Machinery were Japan ($830M), Germany ($785M), Italy ($309M), China ($227M), and Czechia ($68.2M).

In 2023, the countries that had a largest trade value in imports than in exports of Textile Fiber Machinery were Turkey ($666M), Uzbekistan ($286M), Bangladesh ($237M), Egypt ($202M), and Vietnam ($150M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Textile Fiber Machinery, disaggragated by their HS6 level were Textile yarn spinning machines ($1.4B), Textile yarn winding or reeling machines ($1.04B), Textile fibre preparing machines nes ($460M), Textile fibre carding machines ($349M), and Machinery for producing or preparing textile... ($228M)

HS6 Disaggregation for Textile Fiber Machinery (2023)
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Country Comparison

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Ranking

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

Top 10 Exporters Countries of Textile Fiber Machinery by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $5.67M
TOP IMPORT POTENTIALChina+ $2.79M

Textile Fiber Machinery’s highest export potential is United States. With an export gap of $5.67M.  Textile Fiber Machinery’s highest import potential is China with an import gap of $2.79M.

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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)

Related Products

This visualization shows products that are likely to be exported by countries that export Textile Fiber Machinery.

Country by Relatedness

The following visualization shows the relatedness of Textile Fiber Machinery to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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