Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2023
Timeseries: 194 million
Source:TrendEconomy
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India | Imports and Exports | World | Knitting machines, stitch-bonding machines and machines for making gimped yarn, tulle, lace, embroidery, trimmings, braid and machines for tufting | Value (US$) and Value Growth, YoY (%) | 2012 - 2023

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The value of exports of commodity group 8447 "Knitting machines, stitch-bonding machines and machines for making gimped yarn, tulle, lace, embroidery, trimmings, braid or net and machines for tufting" from India totalled $ 3.64 million in 2023. Sales of commodity group 8447 from India went up by 31% compared to 2022: exports of commodity group 8447 "Knitting machines, stitch-bonding machines and machines for making gimped yarn, tulle, lace, embroidery, trimmings, braid or net and machines for tufting" went up by $ 862 thousand (cumulative exports of commodity group 8447 from India amounted $2.78 million in 2022)

Exports of commodity group 8447 amounted to 0.012% of total sales of group "" from India in 2023 (the value of exports of commodity group from India amounted to $29 billion in 2023). The share of exports of commodity group 8447 in sales of commodity group from India increased by 0.002 p.p. compared to 2022 (it was 0.01% in 2022, and exports of commodity group from India were $27 billion).

Where does India export Knitting machines, stitch-bonding machines and machines for making gimped yarn, tulle, lace, embroidery, trimmings, braid or net and machines for tufting?

Top export destinations of "Knitting machines, stitch-bonding machines and machines for making gimped yarn, tulle, lace, embroidery, trimmings, braid or net and machines for tufting" from India in 2023:

  • USA with a share of 15.7% (574 thousand US$)
  • Tanzania with a share of 14.1% (514 thousand US$)
  • Indonesia with a share of 11% (403 thousand US$)
  • United Arab Emirates with a share of 11% (402 thousand US$)
  • Nepal with a share of 10.1% (368 thousand US$)
  • Philippines with a share of 4.44% (161 thousand US$)
  • Kenya with a share of 4.08% (148 thousand US$)
  • Russia with a share of 3.59% (131 thousand US$)
  • Canada with a share of 3.17% (115 thousand US$)
  • Sri Lanka with a share of 3.13% (114 thousand US$)

Exports structure of 8447 - Knitting machines, stitch-bonding machines and machines for making gimped yarn, tulle, lace, embroidery, trimmings, braid or net and machines for tufting - from India in 2023 represented by the following main commodity groups:

  • 48% (1.76 million US$): 844790 - Knitting machines (excl. of 8447.11-8447.20) & machines for making gimped yarn/tulle/lace/embroidery/trimmings/braid/net & machines for tufting
  • 41% (1.49 million US$): 844720 - Flat knitting machines; stitch-bonding machines
  • 6.75% (246 thousand US$): 844711 - Circular knitting machines, with cyl. diameter not >165mm
  • 3.6% (131 thousand US$): 844712 - Circular knitting machines, with cyl. diameter >165mm

The value of imports of commodity group 8447 "Knitting machines, stitch-bonding machines and machines for making gimped yarn, tulle, lace, embroidery, trimmings, braid or net and machines for tufting" to India totalled $ 417 million in 2023. Sales of commodity group 8447 to India decreased by 2.24% in value terms compared to 2022. imports of commodity group 8447 "Knitting machines, stitch-bonding machines and machines for making gimped yarn, tulle, lace, embroidery, trimmings, braid or net and machines for tufting" decreased by $ 9.58 million (the value of imports of commodity group 8447 to India was equal to $426 million in 2022)

Imports of commodity group 8447 "Knitting machines, stitch-bonding machines and machines for making gimped yarn, tulle, lace, embroidery, trimmings, braid or net and machines for tufting" accounted for 0.062% of total import flow to India (in 2023, total imports to India amounted to $ 672 billion). The share of commodity group 8447 in total imports to India increased by 0.003 p.p. compared to 2022 (it was 0.058% in 2022 and cumulative imports to India were equal to $ 732 billion).

Imports of commodity group 8447 reached 0.731% of total imports of group "" to India in 2023 (imports of commodity group to India totalled $57 billion in 2023). The share of purchases of commodity group 8447 in imports of commodity group to India went down by 0.047 p.p. compared to 2022 (it was 0.778% in 2022, and imports of commodity group to India accounted for $54 billion).

Where does India import Knitting machines, stitch-bonding machines and machines for making gimped yarn, tulle, lace, embroidery, trimmings, braid or net and machines for tufting from?

Top trading partners (import of "Knitting machines, stitch-bonding machines and machines for making gimped yarn, tulle, lace, embroidery, trimmings, braid or net and machines for tufting") of India in 2023:

  • China with a share of 71% (296 million US$)
  • Germany with a share of 7.6% (31 million US$)
  • Switzerland with a share of 6.46% (26 million US$)
  • Japan with a share of 6.32% (26 million US$)
  • Other Asia, nes with a share of 3.12% (13 million US$)
  • Italy with a share of 2.81% (11.7 million US$)
  • USA - 2.27 million US$
  • Korea - 1.62 million US$
  • Spain - 1.46 million US$
  • Belgium - 1.43 million US$

Imports structure of 8447 - Knitting machines, stitch-bonding machines and machines for making gimped yarn, tulle, lace, embroidery, trimmings, braid or net and machines for tufting - to India in 2023 represented by the following main commodity groups:

  • 61% (256 million US$): 844790 - Knitting machines (excl. of 8447.11-8447.20) & machines for making gimped yarn/tulle/lace/embroidery/trimmings/braid/net & machines for tufting
  • 17% (71 million US$): 844712 - Circular knitting machines, with cyl. diameter >165mm
  • 15.1% (63 million US$): 844720 - Flat knitting machines; stitch-bonding machines
  • 6.21% (25 million US$): 844711 - Circular knitting machines, with cyl. diameter not >165mm

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India | Imports and Exports | World | Knitting machines, stitch-bonding machines and machines for making gimped yarn, tulle, lace, embroidery, trimmings, braid and machines for tufting | Value (US$) and Value Growth, YoY (%) | 2012 - 2023