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Pricing

Knitting machines, stitch-bonding machines and machines for making gimped yarn, tulle, lace, embroidery, trimmings, braid or net and machines for tufting

2022
World Trade $2.87BRnk 690 / 1218
2022
Top Exporter | Top Importer $1.28B | $442MChina | India
2022
Product Complexity 1.17Rnk 114 / 1033
undefined - 2022
Export Growth (CAGR) 4.16%Rnk 653 / 1218
2022
Share of World Trade 0.012%Rnk 690 / 1218

About

Overview N/A

Knitting Machines are a part of Machinery, mechanical appliances, & parts. They include Flat knitting machines, stitch-bonding machines, Tulle, lace, embroidery, trimmings etc making machine, Circular knitting machines, diameter > 165 mm, and Circular knitting machines, diameter < 165 mm.

Exports In 2022 the top exporters of Knitting Machines  were China ($1.28B), Japan ($411M), Germany ($358M), Italy ($257M), and Chinese Taipei ($189M).

Imports In 2022 the top importers of Knitting Machines were India ($442M), Turkey ($348M), Bangladesh ($239M), United States ($232M), and Vietnam ($166M).

Ranking Knitting Machines ranks 114th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Knitting 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$1.28B
Top Destination (2022)India$442M

In 2022 Knitting Machines were the world's 690th most traded product (out of 1,218).

In 2022, the top exporters of Knitting Machines were China ($1.28B), Japan ($411M), Germany ($358M), Italy ($257M), and Chinese Taipei ($189M).

In 2022, the top importers of Knitting Machines were India ($442M), Turkey ($348M), Bangladesh ($239M), United States ($232M), and Vietnam ($166M).

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Exporters of Knitting Machines (2022)
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Importers of Knitting Machines (2022)
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Market Dynamics

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Top Destination Decrease (2021 -  2022)China-$84.9M

Between 2021 and 2022, the fastest declining importers of Knitting Machines were China (-$84.9M), Pakistan (-$43.2M), Egypt (-$13.7M), Russia (-$11.2M), and Germany (-$7.34M).

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Exporters of Knitting Machines (2021 - 2022)

Importers of Knitting Machines (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Knitting Machines.

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Value of Exports in Knitting Machines

Net Trade

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

Net Trade (2022)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Knitting 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)

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