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844520 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.4BRnk 1760 / 4644
2023
Top Exporter | Top Importer $401M | $300MIndia | Turkey
2023
Product Complexity 1.82Rnk 44 / 4656
2022 - 2023
Export Growth (CAGR) -7.05%Rnk 2357 / 4644
2023
Share of World Trade 0.0062%Rnk 1760 / 4644

About

Overview This page contains the latest trade data of Textile yarn spinning machines. In 2023, Textile yarn spinning machines were the world's 1760th most traded product, with a total trade of $1.4B. Between 2022 and 2023 the exports of Textile yarn spinning machines decreased by -7.05%, from $1.5B to $1.4B. Trade in Textile yarn spinning machines represent 0.0062% of total world trade.

Textile yarn spinning machines are a part of Textile Fiber Machinery.

Exports In 2023 the top exporters of Textile yarn spinning machines  were India ($401M), Japan ($376M), Germany ($313M), China ($199M), and Czechia ($35M).

Imports In 2023 the top importers of Textile yarn spinning machines were Turkey ($300M), China ($256M), India ($175M), Uzbekistan ($116M), and Bangladesh ($88.4M).

Ranking Textile yarn spinning machines ranks 44th in the Product Complexity Index (PCI).

Description The spinning process involves drawing out loose fibers from the carding machine, twisting them around each other to form a continuous strand, and finally twisting this strand around a large cylindrical spindle called the "spindle."

Latest Trends

Latest Data

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The following visualization shows the latest trends on Textile yarn spinning machines. 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)India$401M
Top Destination (2023)Turkey$300M

In 2023 Textile yarn spinning machines were the world's 1760th most traded product (out of 4,644).

In 2023, the top exporters of Textile yarn spinning machines were India ($401M), Japan ($376M), Germany ($313M), China ($199M), and Czechia ($35M).

In 2023, the top importers of Textile yarn spinning machines were Turkey ($300M), China ($256M), India ($175M), Uzbekistan ($116M), and Bangladesh ($88.4M).

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Exporters of Textile yarn spinning machines (2023)
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Importers of Textile yarn spinning machines (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$128M
Top Destination Growth (2022 -  2023)Turkey$53M

Between 2022 and 2023, the exports of Textile yarn spinning machines grew the fastest in Germany ($128M), India ($43M), Latvia ($4.57M), United States ($4.57M), and United Arab Emirates ($3.93M).

Between 2022 and 2023, the fastest growing importers of Textile yarn spinning machines were Turkey ($53M), Egypt ($49.3M), Indonesia ($21.9M), Argentina ($15.1M), and Georgia ($15.1M).

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Exporters of Textile yarn spinning machines (2022 - 2023)

Importers of Textile yarn spinning machines (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Textile yarn spinning machines.

In 2023, market concentration measured using Shannon Entropy, was 2.47. This means that most of the exports of Textile yarn spinning machines are explained by 5 countries.

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Value of Exports in Textile yarn spinning machines

Net Trade

TOP NET EXPORTER (2023)Japan$375M
TOP NET IMPORTER (2023)Turkey$294M

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

In 2023, the countries that had a largest trade value in exports than in imports of Textile yarn spinning machines were Japan ($375M), Germany ($312M), India ($226M), Czechia ($34.2M), and Switzerland ($12M).

In 2023, the countries that had a largest trade value in imports than in exports of Textile yarn spinning machines were Turkey ($294M), Uzbekistan ($116M), Egypt ($80.6M), China ($57.8M), and Indonesia ($45.8M).

Net Trade (2023)

Country Comparison

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

Top 10 Exporters Countries of Textile yarn spinning machines 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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