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Pricing

Machinery (not of heading no. 8450) for washing, cleaning, wringing, drying, ironing, pressing, bleaching, dyeing, dressing, finishing, coating or impregnating textile yarn, fabrics or made up articles

8451 (Harmonized System 1992 for 4-digit)

2022
World Trade $9.78BRnk 381 / 1218
2022
Top Exporter | Top Importer $1.79B | $1.83BChina | United States
2022
Product Complexity 1.15Rnk 125 / 1033
2021 - 2022
Export Growth (CAGR) -5.49%Rnk 1027 / 1218
2022
Share of World Trade 0.041%Rnk 381 / 1218

About

Overview This page contains the latest trade data of Textile Processing Machines. In 2022, Textile Processing Machines were the world's 381st most traded product, with a total trade of $9.78B. Between 2021 and 2022 the exports of Textile Processing Machines decreased by -5.49%, from $10.3B to $9.78B. Trade in Textile Processing Machines represent 0.041% of total world trade.

Textile Processing Machines are a part of Machinery, mechanical appliances, & parts. They include Drying machines, capacity <10 kg, except washer-drier, Drying machines, nes, Machinery to impregnate textiles, make linoleum, etc, Washing, bleaching or dyeing machines (non-domestic), Parts of machines for treating textile fabrics, Machinery to reel, fold, cut, pink, etc textile fabri, Ironing machines and presses including fusing presses, and Dry-cleaning machines.

Exports In 2022 the top exporters of Textile Processing Machines  were China ($1.79B), South Korea ($1.01B), Poland ($976M), Germany ($971M), and Mexico ($831M).

Imports In 2022 the top importers of Textile Processing Machines were United States ($1.83B), Germany ($801M), China ($419M), Bangladesh ($347M), and Canada ($323M).

Ranking Textile Processing Machines ranks 125th in the Product Complexity Index (PCI).

Description Machinery for washing, cleaning, wringing, drying, ironing, pressing incl. fusing presses, bleaching, dyeing, dressing, finishing, coating or impregnating textile yarns, fabrics or made-up textile articles and for applying paste to the base fabric or other support used in the manufacture of floor coverings like linoleum; machines for reeling, unreeling, folding, cutting or pinking textile fabrics; parts thereof

Latest Trends

Latest Data

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The following visualization shows the latest trends on Textile Processing 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 (2022)China$1.79B
Top Destination (2022)United States$1.83B

In 2022 Textile Processing Machines were the world's 381st most traded product (out of 1,218).

In 2022, the top exporters of Textile Processing Machines were China ($1.79B), South Korea ($1.01B), Poland ($976M), Germany ($971M), and Mexico ($831M).

In 2022, the top importers of Textile Processing Machines were United States ($1.83B), Germany ($801M), China ($419M), Bangladesh ($347M), and Canada ($323M).

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Exporters of Textile Processing Machines (2022)
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Importers of Textile Processing Machines (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$25.2M
Top Destination Growth (2021 -  2022)India$80.2M

Between 2021 and 2022, the exports of Textile Processing Machines grew the fastest in United States ($25.2M), Spain ($24M), Thailand ($17.4M), United Arab Emirates ($15.5M), and Japan ($14.6M).

Between 2021 and 2022, the fastest growing importers of Textile Processing Machines were India ($80.2M), Bangladesh ($65.7M), Australia ($54.6M), Malaysia ($30M), and Indonesia ($22.7M).

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Exporters of Textile Processing Machines (2021 - 2022)

Importers of Textile Processing Machines (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Textile Processing Machines.

In 2022, market concentration measured using Shannon Entropy, was 4.05. This means that most of the exports of Textile Processing Machines are explained by 16 countries.

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Value of Exports in Textile Processing Machines

Net Trade

TOP NET EXPORTER (2022)China$1.37B
TOP NET IMPORTER (2022)United States$1.42B

This map shows which countries export or import more of Textile Processing Machines. Each country is colored based on the difference in exports and imports of Textile Processing Machines during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Textile Processing Machines were China ($1.37B), Poland ($825M), South Korea ($697M), Mexico ($676M), and Italy ($485M).

In 2022, the countries that had a largest trade value in imports than in exports of Textile Processing Machines were United States ($1.42B), Bangladesh ($347M), Canada ($308M), Vietnam ($256M), and United Kingdom ($249M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Textile Processing Machines, disaggragated by their HS6 level were Drying machines, capacity <10 kg, except... ($3.18B), Drying machines, nes ($2.23B), Machinery to impregnate textiles, make linoleum,... ($1.21B), Parts of machines for treating textile... ($929M), and Machinery to reel, fold, cut, pink,... ($884M)

HS6 Disaggregation for Textile Processing Machines (2022)
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Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Textile Processing 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 (2022)

Related Products

This visualization shows products that are likely to be exported by countries that export Textile Processing Machines.

Country by Relatedness

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

Relative Relatedness by Country (2022)

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