2022
Exports
$444MWorld Rnk 4 / 119
Flag Rnk 177 / 1212
2022
PRODUCT COMPLEXITY IN Textile Fiber Machinery
1.53Rnk 47 / 1025
2022
Imports
$547MWorld Rnk 3 / 178
Flag Rnk 173 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $444M in Textile Fiber Machinery, making it the 4th largest exporter of Textile Fiber Machinery in the world. At the same year, Textile Fiber Machinery was the 177th most exported product in India. The main destination of Textile Fiber Machinery exports from India are: Turkey ($122M), Bangladesh ($90.2M), China ($35.8M), Vietnam ($34M), and Egypt ($25.1M).

The fastest growing export markets for Textile Fiber Machinery of India between 2021 and 2022 were Bangladesh ($57.3M), Turkey ($35.8M), and Vietnam ($29.6M).

Imports In 2022, India imported $547M in Textile Fiber Machinery, becoming the 3rd largest importer of Textile Fiber Machinery in the world. At the same year, Textile Fiber Machinery was the 173rd most imported product in India. India imports Textile Fiber Machinery primarily from: China ($149M), Germany ($119M), Japan ($108M), Italy ($43.1M), and Netherlands ($42.2M).

The fastest growing import markets in Textile Fiber Machinery for India between 2021 and 2022 were China ($80.1M), Germany ($56.7M), and Netherlands ($28.5M).

COMPANIES In 2023, leading companies such as MYSTIC APPAREL LLC (4) were at the forefront of shipping Textile Fiber Machinery from India to the United States.

Latest Trends

Mar 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Textile Fiber Machinery. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$444M
IMPORTS (2022)$547M
NET TRADE (2022)-$103M

In 2022, India exported $444M in Textile Fiber Machinery. The main destinations of India exports on Textile Fiber Machinery were Turkey ($122M), Bangladesh ($90.2M), China ($35.8M), Vietnam ($34M), and Egypt ($25.1M).

In 2022, India imported $547M in Textile Fiber Machinery, mainly from China ($149M), Germany ($119M), Japan ($108M), Italy ($43.1M), and Netherlands ($42.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Textile Fiber Machinery EXPORT MARKETS FOR India WERE (2021 - 2022):
Bangladesh$57.3M (174%)
Turkey$35.8M (41.3%)
Vietnam$29.6M (660%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Textile Fiber Machinery BY India WERE (2021 - 2022):
Malaysia-$15.4M (-98.9%)
Benin-$3.95M (-100%)
Turkmenistan-$3.89M (-79.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Textile Fiber Machinery were:
China $1.08B
Japan $807M
In 2022, India's main importing competitors in Textile Fiber Machinery were:
China $687M

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Trade Value of Textile Fiber Machinery by Exporters

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